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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600 Parliament Street
North St. James Town Toronto M4X 1R2

$5,800,000 /For Sale
Commercial

Main Photo: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
Photo 1: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
Photo 2: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
Photo 3: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
Photo 4: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
Photo 5: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
Photo 6: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13591754
7% Plus Return In Downtown Toroto , An Exceptional Investment Opportunity Awaits At 600 Parliament Street, Ideally Situated In Vibrant Downtown Core. This 4,300 Sq.Ft.+ Income-Producing Property Offers Established Short- And Long-Term Leases, Providing Strong Occupancy And Reliable Cash Flow From A Diverse Tenant Base. This Building Features 10 Rental Units, It Presents A Rare Opportunity To Significantly Increase Rental Income And Take Advantage Of Toronto's Rapidly Growing Demand For Flexible Investments Options. In This High-Density Urban Area, The Property Delivers Immediate Income Stability While Offering An Established Laundromat with Strong Revenue, A Trusted Community Staple Serving Both Tenants And Local Residents. With Many Nearby Apartment Buildings Lacking In-Unit Laundry, The Business Attracts A Loyal, Repeat Customer Base, Generating Consistent Secondary Income That Perfectly Complements This Property Achieves An Impressive 7%+ Return And Potential Future Service Expansion.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4359 sq. ft. Square Feet
Total Area:
4,359 sq. ft.
Lot Depth:
110'5"
Lot Frontage:
20'4½"
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Parking Spaces:
3
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$25,888 / 2025
Assessment:
$- / 2025
Toronto
Toronto C08
North St. James Town
Major Highway, Public Transit
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Accommodation
Date Listed:
Jul 22, 2026
Original Price:
Previous Price:
  • Photo 1: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
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  • Photo 2: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
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  • Photo 3: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
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  • Photo 4: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
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  • Photo 5: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
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  • Photo 6: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13591754
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Listed by FIRST CLASS REALTY INC. and LPT REALTY
Data was last updated July 22, 2026 at 04:57 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.