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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55 101 Toro Road
York University Heights Toronto M3J 2Z1

$989,000 /For Sale
Commercial

Main Photo: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 1: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 2: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 3: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 4: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 5: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 6: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 7: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 8: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 9: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 10: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 11: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 12: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 13: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 14: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 15: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 16: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 17: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 18: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 19: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 20: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 21: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 22: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Photo 23: 55 101 Toro Road in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13555098
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13555098
Bus Major:
Warehouse
Prime North York Commercial/Industrial Condo - Steps to York University. A rare opportunity to own a fully updated commercial/industrial condo in one of North York's most connected business corridors. Perfectly positioned with quick access to major highways and public transit, and surrounded by an established mix of commercial businesses, this unit offers both convenience and visibility just minutes from York University. The front of the unit has been tastefully renovated to include a professional reception area, private offices, and a boardroom - ideal for client meetings and day-to-day operations. To the rear, functional warehouse space awaits with a 14 ft high garage door for easy loading and shipping access, plus a bonus mezzanine level offering valuable extra storage. Whether you're running a growing business, need a flexible office-warehouse hybrid, or are looking for a smart investment in a high-demand area, this unit checks every box.
Property Type:
Commercial
Property Sub Type:
Industrial
Freestanding:
No
Approx. Age:
31-50
Total Area:
1848 sq. ft. Square Feet
Total Area:
1,848 sq. ft.
Industrial Area:
1848 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
M3,MOFH
Heating type:
Electric Forced Air
Clear Height:
15'
Garage:
In/Out
Parking Spaces:
4
Possession Details:
30/60/TBD
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$7,153.16 / 2026
Assessment:
$- / 2025
Toronto
Toronto W05
York University Heights
Major Highway, Public Transit
Yes
HWT, Furnace
No
Utilities:
Yes
Green Property Information Statement:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$520.05
Property Management Company:
Argo Property Management
Major Business Type:
Warehouse
Category:
Industrial Condo
Outside Storage:
No
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
1
Number of Grade Level Shipping Doors:
1
Number of Truck Level Shipping Doors:
0
Date Listed:
Jul 13, 2026
Original Price:
Previous Price:
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Listed by RIGHT AT HOME REALTY
Data was last updated July 14, 2026 at 04:15 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.