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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6 MARKHAM Street

Trinity-Bellwoods Toronto M6J 1E4

$599,000 /For Sale

Commercial

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• Details
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

C12751460

Bus Major:

Fast Food/Takeout

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On Third Thought Gelato presents a rare opportunity to acquire a highly recognizable editorial featured dessert brand with deep roots in Toronto's food and lifestyle scene. Celebrated by major local media for its inclusive allergen friendly approach this concept has earned a loyal following and strong brand equity beyond its footprint. Renowned for its plant based allergen conscious gelato the brand has been featured across prominent food editorials and lifestyle publications consistently praised for its quality creativity and modern aesthetic. Its positioning as a gelato and wine bar further elevates the concept blending indulgence with sophistication and setting it apart from traditional dessert offerings. Beyond the storefront On Third Thought Gelato has proven success in catering and off site activations servicing weddings corporate functions private events and large scale festivals. The mobile gelato program has been a strong revenue driver and brand builder allowing the business to scale visibility while maintaining premium margins. The brand has also demonstrated strong appeal to national and international lifestyle brands collaborating on experiential pop ups limited edition flavour launches and cross promotional campaigns with major consumer and beauty companies. Seasonal flavour drops curated pop ups and ongoing collaborations keep the brand fresh relevant and socially shareable driving repeat customers and organic marketing momentum. With its strong editorial presence established catering channel and proven brand collaboration history this is an ideal acquisition for an operator investor or hospitality group seeking a turnkey concept with built in demand and expansion potential. A compelling opportunity to own not just a location but a brand with story visibility and upside. Sellers are willing to train and/or partner.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Total Area:

344 sq. ft. Square Feet

Total Area:

344 sq. ft.32 m2

Retail Area:

90 sq. ft. %

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Water supply:

Municipal

Zoning:

COMMERCIAL

Additional Info:

Heating type:

Gas Forced Air Open

Garage:

None

Possession Details:

TBD

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Type Taxes:

TMI

Taxes:

$0 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C01

Listing Sub-Area:

Trinity-Bellwoods

Rental Items:

* As per List of Chattels & Equipment *

Inclusions:

* As per List of Chattels & Equipment *

Exclusions:

* As per List of Chattels & Equipment *

Other Details:

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

Yes

Business Info:

Major Business Type:

Fast Food/Takeout

Category:

Without Property

Franchise:

No

Hours Open:

10am-11pm

Employees:

10

Chattels:

Yes

LLBO:

Yes

Seats:

20

Listing Info:

Date Listed:

Feb 03, 2026

Original Price:

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Previous Price:

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Data was last updated February 3, 2026 at 12:15 PM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

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.