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57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03) : MLS®# E12632770

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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57 Westwood Avenue
Broadview North Toronto M4K 2A7

$3,535,723.15 /For Sale
Commercial

Main Photo: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03) : MLS®# E12632770
Photo 1: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03) : MLS®# E12632770
Photo 2: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03) : MLS®# E12632770
Photo 3: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03) : MLS®# E12632770
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12632770
Bus Major:
Apts - 6 To 12 Units
Pre-construction purpose-built rental development in East York. 57 Westwood Ave is a fully designed seven-plex (six-unit detached multiplex with a self-contained rear garden suite), offered as a fixed-price construction opportunity conditional on the builder obtaining Development Permit and Building Permit approval. The proposed building consists of a three storey plus basement configuration with a mix of studio and larger residential units, together with a separate two-bedroom garden suite located at the rear of the property. The project has been designed with energy-efficient construction and CMHC MLI Select underwriting considerations in mind, providing a potential pathway to insured take-out financing upon stabilization, subject to CMHC program requirements, scoring, debt service coverage, and lender approval. No representation or warranty is made regarding CMHC eligibility or financing terms. Located in a well-established East York neighbourhood with strong rental fundamentals, proximity to transit, parks, schools, and local amenities. Intended for build-to-hold investors seeking long-term rental income and cost certainty through a fixed-price construction structure. Architectural drawings and additional information available upon request. Buyer to verify all permits, approvals, zoning compliance, construction terms, and financing eligibility. Appointment required before walking the site.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
0 sq. ft. Square Feet
Total Area:
0 sq. ft.
Lot Depth:
110'
Lot Frontage:
30'
Water supply:
Municipal
Zoning:
RS (f10.5; a325; d0.75) (x312)
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
January 2027
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto E03
Broadview North
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Dec 14, 2025
Original Price:
Previous Price:
  • Photo 1: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03) : MLS®# E12632770
    Photo 1 of 3
  • Photo 2: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03) : MLS®# E12632770
    Photo 2 of 3
  • Photo 3: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03) : MLS®# E12632770
    Photo 3 of 3
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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
Data was last updated December 15, 2025 at 08:15 PM (UTC)
DARYL KING
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.