Contact Us

621 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E13522076

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.

Forgot password Extend Verify Contact

621 Gerrard Street E
South Riverdale Toronto M4M 1Y2

$179,000 /For Sale
Commercial

Main Photo: 621 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E13522076
Photo 1: 621 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E13522076
Photo 2: 621 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E13522076
Photo 3: 621 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E13522076
Photo 4: 621 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E13522076
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13522076
Excellent opportunity to own a well-established and fully operational vape store in a high-demand Toronto location. Successfully operating for nearly two years with a stable and loyal customer base, this turn-key business is ideal for both experienced operators and first-time business owners looking to enter the growing vaping industry.The business is fully equipped with Clover POS system, custom glass display showcases, shelving, TV, fridge, microwave, interior and exterior signage, and all essential fixtures required for daily operations. Inventory is included in the purchase price (details to be confirmed through the Listing Brokerage).Outstanding security features provide peace of mind, including 8 surveillance cameras, professionally monitored alarm system, front metal security gate, rear metal security gate, and enhanced double-layer security.Efficient and functional layout includes a spacious retail area, private office, additional storage room, washroom, and basement storage, offering flexibility for future growth and day-to-day operations.Established supplier relationships, a professionally developed website with an existing online customer base, and proven operating systems allow the new owner to transition seamlessly. Seller is willing to provide comprehensive training to ensure a smooth and successful takeover, making this an excellent opportunity even for first-time business owners.Business hours are 11:00 AM - 8:00 PM (closed Tuesdays). Low monthly utility costs, two rear parking spaces, and an easy-to-manage operation make this a rare opportunity to acquire a stable, fully equipped, and profitable turn-key business with immediate operating potential.Don't miss this exceptional opportunity to own a well-established business with strong growth potential in one of Toronto's most vibrant communities.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
1400 sq. ft. Square Feet
Total Area:
1,400 sq. ft.
Retail Area:
750 sq. ft. Sq Ft
Lot Depth:
120'
Lot Frontage:
14'6"
Water supply:
Municipal
Zoning:
Commercial Retail
Heating type:
Gas Forced Air Open
Garage:
Lane
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / 2025
Toronto
Toronto E01
South Riverdale
Partial
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Jul 04, 2026
Original Price:
Previous Price:
  • Photo 1: 621 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E13522076
    Photo 1 of 4
  • Photo 2: 621 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E13522076
    Photo 2 of 4
  • Photo 3: 621 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E13522076
    Photo 3 of 4
  • Photo 4: 621 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E13522076
    Photo 4 of 4
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by BAY STREET GROUP INC.
Data was last updated July 4, 2026 at 12:15 PM (UTC)
DARYL KING
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.
powered by myRealPage.com

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.