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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5588 Yonge Street
Willowdale West Toronto M2N 5S2

$499,000 /For Sale
Commercial

Main Photo: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 1: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 2: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 3: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 4: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 5: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 6: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 7: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 8: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 9: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 10: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 11: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
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Photo 16: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 17: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 18: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 19: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 20: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 21: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 22: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 23: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 24: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Photo 25: 5588 Yonge Street in Toronto: Willowdale West Commercial for sale (Toronto C07)  : MLS®# C12825942
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12825942
Bus Major:
Restaurant
Great Location! Rare Opportunity! Excellent Entertainment Area! Great Exposure On Yonge Street. High Traffic Volume Of Vehicle & Pedestrian At Yonge & Finch. Just Beside The Finch Subway Station. Currently Specialized In Vietnamese Restaurant And Liquor Licensed With 66 Seats. Brand New Renovated. Additional Same Size Basement & Front Patio. Fully Equiped Kitchen Suitable For All Kinds Of Cuisine. A Lot Of Parking Spots At The Back.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
2200 sq. ft. Square Feet
Total Area:
2,200 sq. ft.
Retail Area:
2200 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Retail/Commercia
Heating type:
Gas Forced Air Closed
Cooling:
Yes
Garage:
Outside/Surface
Possession Details:
TBA
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C07
Willowdale West
No
All Chattels And Equipment Are Included. **EXTRAS** Rent $17,253.48/ Monthly ( Include Tmi , Hst ), Lease Term Till May 31 2030.
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11-23
Employees:
6
Chattels:
Yes
LLBO:
Yes
Seats:
66
Date Listed:
Feb 27, 2026
Original Price:
Previous Price:
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Listed by BAY STREET GROUP INC.
Data was last updated February 28, 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.