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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633 Queen Street W
Waterfront Communities C1 Toronto M5V 2B7

$2,550,000 /For Sale
Commercial

Main Photo: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
Photo 1: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
Photo 2: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
Photo 3: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
Photo 4: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
Photo 5: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
Photo 6: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
Photo 7: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
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Photo 10: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
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Photo 12: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
Photo 13: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
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Photo 16: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
Photo 17: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
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Photo 19: 633 Queen Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13611818
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13611818
Excellent User or Investor opportunity PLUS great potential for future redevelopment and expansion. Whether you're seeking stable income with future upside or an end-user looking to establish your business in one of Toronto's premier commercial corridors,this is a rare opportunity in an irreplaceable location. 633 Queen West is a premium mixed-use property in the heart ofToronto's Queen West district. Ideally situated on one of the busiest and most sought-after blocks, just east of Bathurst Street, this high exposure property offers outstanding investment potential or the perfect location for an owner-operator. The property comprisesroximately 3,200 sq.ft. (includes indoor parking spot) above grade, plus a full basement,featuring a highly visible ground-floor retail space with excellent street presence, and four bachelor apartments on the second level, providing multiple income streams. Surrounded by national retailers including LCBO, Loblaws, Winners, joe Fresh, BMO, Shoppers Drug Mart, and CB2 all on the same city block, and some of Toronto's finest restaurants, cafes, boutiques, galleries, and entertainment venues, this location consistently attracts high pedestrian and vehicular traffic. Nearby universities, public transit at doorstep, and walking distance to the renowned Trinity Bellwood further enhance the property's long-term desirability. Photos have been digitally enhanced.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
3200 sq. ft. Square Feet
Total Area:
3,200 sq. ft.
Lot Depth:
98'
Lot Frontage:
22'
Water supply:
Municipal
Zoning:
CR3.0 (c3.0; r3.0) SS2 (x2088)
Heating type:
Gas Hot Water
Garage:
Covered
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$22,937 / 2026
Assessment:
$- / 2025
Toronto
Toronto C01
Waterfront Communities C1
hot water furnace and hot water tank
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Jul 28, 2026
Original Price:
Previous Price:
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Listed by HIGH POINT REALTY LIMITED
Data was last updated July 28, 2026 at 12:15 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.