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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621 BLOOR Street W
Palmerston-Little Italy Toronto M6G 1K8

$1,990,000 /For Sale
Commercial

Main Photo: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
Photo 1: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
Photo 2: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
Photo 3: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
Photo 4: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
Photo 5: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
Photo 6: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
Photo 7: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
Photo 8: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
Photo 9: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C14029672
Investment Opportunity On Bloor Street West Near Euclid Avenue. Main Floor Commercial Space Occupied By A Specialty Beverage Retail Tenant, With The Second Floor Tenanted By A Professional Photography Studio. Located Along An Established Commercial Corridor Surrounded By Retail, Restaurants, Professional Services And Neighbourhood Amenities. Within Walking Distance Of Both Bathurst And Christie TTC Subway Stations.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
1627 sq. ft. Square Feet
Total Area:
1,627 sq. ft.
Retail Area:
838 sq. ft. Sq Ft
Office/Apt Area:
789 sq. ft. Sq Ft
Lot Depth:
34'11¾"
Lot Frontage:
24'10"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
CR2.5(c1;r2*1438)
Heating type:
Baseboard
Garage:
None
Possession Details:
tbd
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$19,028.4 / 2026
Assessment:
$- / -
Toronto
Toronto C01
Palmerston-Little Italy
No
Utilities:
Available
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Multi-Use
Date Listed:
Oct 14, 2026
Original Price:
Previous Price:
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  • Photo 9: 621 BLOOR Street W in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029672
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Listed by RE/MAX ULTIMATE REALTY INC.
Data was last updated October 14, 2026 at 02:15 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.