6 4801 Steeles Avenue W in Toronto: Humber Summit Commercial for sale (Toronto W05) : MLS®# W13580422
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.
Turnkey Restaurant Opportunity - Prime North York Location. Your Restaurant Dream Starts Here. Opportunities like this don't come along often. Position your business for success in this beautifully renovated, fully equipped restaurant located on the highly travelled Steeles Avenue West corridor in North York. Whether you're launching your first concept or expanding an established brand, this turnkey space allows you to open your doors from day one. Strategically located just minutes from Highway 400, York University, and surrounded by a thriving mix of commercial, industrial, and residential communities, this location benefits from steady daily traffic and excellent visibility. Property Highlights: Recently renovated with a clean, and inviting interior, Approximately 1000sq ft of functional restaurant space, Fully equipped commercial kitchen with quality equipment, Spacious prep and cooking areas designed for efficient service, Customer dining area ready for immediate operation, Established infrastructure-no costly build-out required, Convenient customer parking, Easy access to Highways 400, 407, and major transit routes. Endless Possibilities, Perfect for :Caribbean cuisine, Italian, Mediterranean, Middle Eastern or Asian concepts, Breakfast and brunch, Café or bakery, Fast casual or dine-in restaurant, Ghost kitchen or catering operation, The space has been thoughtfully designed to support high-volume food production while maintaining an inviting atmosphere for guests. Whether you're an experienced restaurateur or an ambitious entrepreneur ready to bring your culinary vision to life, this is an opportunity to step into a professionally built restaurant without the time, expense, and uncertainty of starting from scratch. Fully equipped restaurant with major commercial equipment included. Simply bring your concept and your small wares to begin operations. Bring your concept. Turn on the lights. Open for business.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1051 sq. ft. Square Feet
Total Area:
1,051 sq. ft.97.6 m2
Retail Area:
600 sq. ft. Sq Ft
Office/Apt Area:
451 sq. ft. Sq Ft
Lot Depth:
45'13.7 m
Lot Frontage:
22'6.71 m
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
20
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To, Not Subject to HST
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$3,559 /
2026
Assessment:
$- /
2025
Toronto
Toronto W05
Humber Summit
Major Highway, Public Transit
POS system and payment machine, Negotiable.
Dining room: Dining tables and chairs, 1 Single door beverage display, refrigerator, Wall mounted TV, Movable counter Sideboard with hand sink, Lighting fixtures Kitchen: 6 burner range/oven gas, 36" flat top grill/oven gas, 2x three compartment steam tables, Double door reach in freezer, Double door refrigerator, 1 single door refrigerator, 3 stainless steel work tables, 3 compartment sink, 1 handwashing sink, 2 Burner Stock Pot Range, 1 Commercial dough mixer, Garland Convection Oven Gas, 3 freestanding wire shelving racks, 1 Bakery rack/trays. Wall mounted shelving, Fire suppression system, Fire extinguisher
• 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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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.