Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

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462 Northcliffe Boulevard
Oakwood Village Toronto M6E 3L2

$2,667,077.61 /For Sale
Commercial

Main Photo: 462 Northcliffe Boulevard in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C12632764
Photo 1: 462 Northcliffe Boulevard in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C12632764
Photo 2: 462 Northcliffe Boulevard in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C12632764
Photo 3: 462 Northcliffe Boulevard in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C12632764
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12632764
Bus Major:
Apts - 2 To 5 Units
Pre-construction purpose-built rental redevelopment opportunity at 462 Northcliffe Blvd. The property is proposed as a three-storey multi-unit residential building with a self-contained rear garden suite, offered as a fixed-price construction project pursuant to the builder's construction agreement. Architectural drawings and renderings are available for review. The proposed design contemplates a comprehensive rebuild and vertical expansion, including new residential accommodation across multiple storeys and a separate garden suite located at the rear of the lot. The layouts emphasize efficient unit design, individual kitchens and bathrooms, and modern building standards, as illustrated in the architectural plans. The project has been designed with energy efficiency and CMHC MLI Select underwriting considerations in mind, which may provide a potential pathway to insured take-out financing upon stabilization, subject to CMHC program criteria, scoring, debt service coverage, and lender approval. No representation or warranty is made regarding CMHC eligibility, financing terms, or loan-to-value outcomes. Located in an established Toronto neighbourhood with proximity to transit, schools, parks, and local amenities. Intended for build-to-hold investors seeking long-term rental income and cost certainty through a pre-construction structure. Architectural drawings and additional information available upon request. Buyer to verify all permits, approvals, zoning compliance, construction scope, and financing eligibility. Appointment required before walking the site.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
0 sq. ft. Square Feet
Total Area:
0 sq. ft.
Lot Depth:
114'1½"
Lot Frontage:
25'
Water supply:
Municipal
Zoning:
RM (f12.0; u4; d0.8) (x252)
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
January 2026
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto C03
Oakwood Village
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Dec 14, 2025
Original Price:
Previous Price:
  • Photo 1: 462 Northcliffe Boulevard in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C12632764
    Photo 1 of 3
  • Photo 2: 462 Northcliffe Boulevard in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C12632764
    Photo 2 of 3
  • Photo 3: 462 Northcliffe Boulevard in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C12632764
    Photo 3 of 3
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
Data was last updated December 16, 2025 at 03:15 AM (UTC)
DARYL  KING
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Why Choose a Commercial Residential Property?

Dual Income Potential – Earn from both residential tenants and commercial leases
Ideal for Business Owners – Live and work in the same space or rent one out
High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.