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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6166 Yonge Street
Newtonbrook West Toronto M2M 3X1

$469,000 /For Sale
Commercial

Main Photo: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 1: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 2: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 3: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 4: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 5: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 6: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 7: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 8: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 9: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 10: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 11: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 12: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Photo 13: 6166 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13061230
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13061230
Bus Major:
Medical/Dental
Exceptional opportunity to acquire a well-established and highly profitable massage therapy clinic and health & beauty spa in a prime, high-traffic location at Yonge & Steeles. This turnkey business features 5 fully equipped treatment rooms with premium, high-end equipment, including laser technology for vein treatments, CO2 laser, EMS system for non-invasive facelifts, and hydra therapy systems. The business benefits from a strong and loyal client base, generating consistent revenue and very high profit margins with solid net income. One treatment room is currently subleased for hair therapy, providing additional passive income of $2,000/month. Lease terms are highly favorable with 3.5 years remaining plus a 10-year renewal option. Gross rent is $6,500/month, inclusive of TMI and HST. The current owner and experienced staff are willing to remain, ensuring a smooth transition and continued success for the new owner. Ideal for investors or owner-operators seeking a profitable, turnkey operation in the growing health and wellness sector. Don't miss this rare opportunity to step into a thriving, fully operational business with strong cash flow and expansion potential.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
905 sq. ft. Square Feet
Total Area:
905 sq. ft.
Retail Area:
905 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C07
Newtonbrook West
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
Magic Fit Club
Major Business Type:
Medical/Dental
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
7am-9pm
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Apr 30, 2026
Original Price:
Previous Price:
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Listed by HOMELIFE/BAYVIEW REALTY INC.
Data was last updated May 2, 2026 at 03:15 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.