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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4900 Yonge Street
Lansing-Westgate Toronto M2N 6A4

$249,000 /For Sale
Commercial

Main Photo: 4900 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C14115570
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C14115570
Bus Major:
Convenience/Variety
Location! Location! Location! Just 5 Days Business Per Week With Great Income. No Competition. Franchise Gateway On The Go In The Most Busy Government Building In Yonge/Sheppard. 300 Sqft Size, Main Items are Coffee/Muffins/Sandwiches. cigarette, and Lottery, . Lease 4.5Yrs, Rent $1,250 + Hst (Tmi/Hydro/Water Incl), Weekly Sales $2,500. Monthly Lotto Commission $1,300, Monthly Net Income $6,500. over 50% margin, Short Time Work(7Am-4:30Pm) In Weekdays Only.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
300 sq. ft. Square Feet
Total Area:
300 sq. ft.
Retail Area:
300 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
Public
Possession Details:
30/60/tba
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C07
Lansing-Westgate
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
Gateway on the Go
Major Business Type:
Convenience/Variety
Category:
Without Property
Franchise:
Yes
Days Open:
Open 5 Days
Hours Open:
7am to 4:30pm
Employees:
2
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Oct 26, 2026
Original Price:
Previous Price:
  • Photo 1: 4900 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C14115570
    Photo 1 of 1
Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated October 26, 2026 at 06:15 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.