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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4B 3040 Don Mills Road

Don Valley Village Toronto M2J 3C1

$189,000 /For Sale

Commercial

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• Details
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• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

C13033356

Bus Major:

Restaurant

• Photos (12)

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Turnkey Indian Street Food & Takeout Business in Busy Don Mills Plaza (North York). Excellent opportunity to own a well-located Indian street food and takeout restaurant in a busy commercial plaza in the heart of Don Mills, North York. This compact and efficient 700 sq. ft. unit is ideally suited for takeout, delivery, and quick-service concepts. Strategically positioned near Hwy 404 and Sheppard Ave East, the plaza benefits from strong daily foot traffic, surrounded by dense residential communities, schools, and established retail businesses. A key highlight of this location is its position right beside a well-known, long-standing Indian grocery store, which consistently drives high footfall and strong customer recall within the South Asian community. This creates a natural and steady flow of customers looking for complementary food options. The space includes a functional commercial kitchen setup with essential equipment, making it a turnkey opportunity for an owner-operator or investor. The layout is efficient and easy to operate, with potential to continue the existing concept or introduce a new cuisine (subject to landlord approval). Key Highlights: Prime location in a busy Don Mills plaza, Approx. 700 sq. ft. efficient layout, Adjacent to a high-traffic & established Indian grocery store, Strong South Asian customer base and repeat clientele, High visibility and consistent foot traffic, Ideal for takeout / delivery-focused operations, Flexible concept potential. Reason for Sale: Owners focusing on other priorities. A solid opportunity for buyers looking to enter the food business in a proven high-demand area with built-in customer flow and strong neighborhood presence.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

No

Total Area:

700 sq. ft. Square Feet

Total Area:

700 sq. ft.65 m2

Retail 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:

TBD

Financial Info:

HST Applicable To Sale Price:

Included In

Type Taxes:

TMI

Taxes:

$0 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C15

Listing Sub-Area:

Don Valley Village

Other Details:

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

No

Business Info:

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

No

Days Open:

Open 7 Days

Hours Open:

11

Employees:

5

Chattels:

Yes

LLBO:

No

Seats:

5

Listing Info:

Date Listed:

Apr 23, 2026

Original Price:

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Previous Price:

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Listed by RIGHT AT HOME REALTY

Data was last updated April 23, 2026 at 04:15 AM (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.