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

623 - 623A The Queensway
Stonegate-Queensway Toronto M8Y 1K4

$2,250,000 /For Sale
Commercial

Main Photo: 623 - 623A The Queensway in Toronto: Stonegate-Queensway Commercial for sale (Toronto W07)  : MLS®# W13109578
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13109578
Spacious Mixed-Use Commercial/Residential Property Located On The Rapidly Growing Queensway Corridor In Etobicoke. Featuring A Bright And Spacious 3-Bedroom Residential Unit On The Upper Levels, Perfect For End-Users Or Additional Rental Income. Main Floor Retail Storefront Offers Excellent Exposure Along With Approx. 10 Ft Ceiling Height, Plus A Clean Open-Concept Basement With Approx. Existing Tenant Can Stay Or Vacant Possession Can Be Provided. Rear Laneway Access With 2 Parking Spaces. Incredible Opportunity For Investors, End-Users, Or Live/Work Owners In One Of Etobicoke's Most Promising And Continuously Developing Areas.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
2376 sq. ft. Square Feet
Total Area:
2,376 sq. ft.
Retail Area:
792 sq. ft. Sq Ft
Office/Apt Area:
1584 sq. ft. Sq Ft
Lot Depth:
82'7"
Lot Frontage:
18'½"
Water supply:
Municipal
Zoning:
CR
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto W07
Stonegate-Queensway
No
Upper apartment: Fridge, Stove, Dishwasher, Washer and Dryer.
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
May 11, 2026
Original Price:
Previous Price:
  • Photo 1: 623 - 623A The Queensway in Toronto: Stonegate-Queensway Commercial for sale (Toronto W07)  : MLS®# W13109578
    Photo 1 of 1
Listed by RE/MAX IMPERIAL REALTY INC.
Data was last updated May 11, 2026 at 10:15 PM (UTC)
DARYL  KING
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.