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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466 Dawes Road

O'Connor-Parkview Toronto M4B 2E9

$149,000 /For Sale

Commercial

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

E12932758

Bus Major:

Restaurant

• Photos (10)

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Fully Equipped Restaurant & Convenience Store - Excellent OpportunityTurnkey restaurant and convenience store combined in one high-potential location, surrounded by dense residential buildings. Ideal for expanding food offerings and growing revenue.Key Features:Fully equipped, ready-to-operate restaurant + convenience storeStrong residential foot traffic with excellent growth potential.Very Low monthly rent: $2,800 (includes main floor business + second floor)Second floor includes a newly renovated 2-bedroom apartment (approx. $1,800 market rental value)Current sales: approx. $7,000/week, Lotto income $1600/ month, Additional ATM income: $800/month. Great opportunity to increase food service and boost revenueDon't miss this opportunity - must see!

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

No

Total Area:

1200 sq. ft. Square Feet

Total Area:

1,200 sq. ft.111 m2

Retail Area:

1000 sq. ft. Sq Ft

Office/Apt Area:

700 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Lot Details:

0.00 x 0.00 Feet

Water supply:

Municipal

Rooms:

0

Zoning:

Commercial

Additional Info:

Heating type:

Gas Forced Air Open

Cooling:

Yes

Garage:

Outside/Surface

Possession Details:

tba

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Type Taxes:

Annual

Taxes:

$5,000 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E03

Listing Sub-Area:

O'Connor-Parkview

Security Features:

Yes

Elevator:

None

Other Details:

Amperage:

200

Utilities:

Yes

Air Conditioning:

Yes

Seller Property Info Statement:

Yes

Commercial Info:

Financial Statements:

No

Business Info:

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

No

Days Open:

Open 7 Days

Hours Open:

10

Employees:

1

Chattels:

Yes

LLBO:

No

Seats:

8

Listing Info:

Date Listed:

Mar 29, 2026

Original Price:

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Previous Price:

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Listed by HOMECOMFORT REALTY INC.

Data was last updated March 29, 2026 at 06:15 PM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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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.

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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.