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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5118 Dundas Street
Islington-City Centre West Toronto M9A 1C2

$159,000 /For Sale
Commercial

Main Photo: 5118 Dundas Street in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13140870
Photo 1: 5118 Dundas Street in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13140870
Photo 2: 5118 Dundas Street in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13140870
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13140870
Bus Major:
Restaurant
Exceptional Opportunity to Take Over a Fully Outfitted Commercial Kitchen Equipped With a 20-Foot Ventilation Hood, Walk-In Refrigerator, and Walk-In Freezer. Ideal for Restaurateurs or Food Operators Looking to Launch Their Own Brand or Reimagine the Space With a New Food Concept. Flexible New Lease Terms Available With Renewal Options. Ample Tenant Parking On Site for Staff and Customers. Positioned in a Thriving Etobicoke Neighborhood Experiencing Significant Residential and Commercial Growth With Numerous New Condo Projects and Redevelopment Bringing Increased Exposure and Traffic to the Area. Strategically Located Steps From the Modernized Kipling Transit Terminal Offering Seamless Access to TTC, GO Transit, and MiWay Services. Convenient Access to Major Highways, Pearson Airport, Shopping Amenities, the Upcoming Etobicoke Civic Centre, and Downtown Toronto. Seller Is Highly Motivated. Images may be AI-enhanced for quality. Verify details in person.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1357 sq. ft. Sq Ft
Lot Depth:
141'
Lot Frontage:
19'3"
Water supply:
Municipal
Zoning:
CR
Heating type:
Gas Forced Air Open
Garage:
Plaza
Possession Details:
IMMEDIATE
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto W08
Islington-City Centre West
Chattel list shall be provided
Green Property Information Statement:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
40
Employees:
0
Chattels:
Yes
LLBO:
No
Seats:
40
Date Listed:
May 18, 2026
Original Price:
Previous Price:
  • Photo 1: 5118 Dundas Street in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13140870
    Photo 1 of 2
  • Photo 2: 5118 Dundas Street in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13140870
    Photo 2 of 2
Listed by RE/MAX REALTY SERVICES INC.
Data was last updated May 18, 2026 at 06:15 PM (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.