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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551 Bloor Street W
University Toronto M5S 1Y6

$699,000 /For Sale
Commercial

Main Photo: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
Photo 1: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
Photo 2: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
Photo 3: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
Photo 4: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
Photo 5: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13521800
Bus Major:
Restaurant
Turnkey Profitable Shelby's Legendary Shawarma Franchise Store For Sale One Of The Top Middle Eastern Shawarma Food Franchises For Sale In Toronto. This Well-Established Store Is Situated In Prestigious Location In A Very Strong High-Traffic Stretch Of The Annex / Bloor-Bathurst Corridor, One Of Toronto's Busiest Mixed-Use Neighborhoods. It's A Prime Commercial Area With Excellent Pedestrian Traffic, Strong TTC Access, Nearby Universities (A Strong Student Population), And Dense Residential Surroundings. Ensuring Great Visibility And High Foot Traffic. It Offers Consistent Sales, Is Easy To Operate With Full Franchise Support, And Is Ideal For Owner-Operators, Looking For A Profitable And Reputable Brand Opportunity. Unbeatable Location. Key Highlights: A Popular Spot For Middle Eastern Cuisine. Prime Location: Strong Financial Performance: Monthly Sales: Approx. $100k/ Monthly (And Growing)Rent: Approx. $7,903.50/Month Inc. TMI Lease: Current Lease Long Term Till 2033+5+5 Years Royalty Fee: 6%Advertising Fee: 2%Store Area: Approx. 1100 Sq. Ft. Full Training Will Be Provided To The New Buyer. Don't Miss This Opportunity! Please Do Not GO Directly To The Store.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1100 sq. ft. Square Feet
Total Area:
1,100 sq. ft.
Retail Area:
1100 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto C01
University
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
Yes
Days Open:
Open 7 Days
Hours Open:
11AM to 4AM
Employees:
6
Chattels:
Yes
LLBO:
No
Seats:
15
Date Listed:
Jul 04, 2026
Original Price:
Previous Price:
  • Photo 1: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
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  • Photo 2: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
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  • Photo 3: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
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  • Photo 4: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
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  • Photo 5: 551 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13521800
    Photo 5 of 5
Listed by HOMELIFE/MIRACLE REALTY LTD
Data was last updated July 4, 2026 at 12:15 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.