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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648-650 Wilson Avenue
Downsview-Roding-CFB Toronto M3K 1E1

$949,900 /For Sale
Commercial

Main Photo: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Photo 1: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Photo 2: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Photo 3: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Photo 4: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Photo 5: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Photo 6: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
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Photo 21: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Photo 22: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Photo 23: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Photo 24: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Photo 25: 648-650 Wilson Avenue in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13865394
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13865394
Prime investment opportunity in a high-demand, rapidly growing North York corridor! This highly versatile, well-maintained mixed-use property offers exceptional exposure and high vehicular and foot traffic along Wilson Ave. The main floor features premium commercial/retail space with a functional layout, perfect for an office, retail boutique, or service-related business, complete with a finished basement for extra storage. Above, discover a bright and spacious residential unit with private entry, an open-concept living area, a full kitchen, and generous bedrooms. An ideal option for savvy investors looking for strong yields or business owners seeking a perfect live-work setup. Unbeatable location with immediate connectivity: minutes to Wilson Subway Station, Highway 401/400, and Allen Road. Centrally positioned close to Yorkdale Mall, Humber River Hospital, and major shopping hubs. Don't miss your chance to own a piece of this transforming community!
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
1800 sq. ft. Square Feet
Total Area:
1,800 sq. ft.
Retail Area:
900 sq. ft. Sq Ft
Office/Apt Area:
1000 sq. ft. Sq Ft
Lot Depth:
122'4"
Lot Frontage:
18'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$8,790.41 / 2026
Assessment:
$- / 2025
Toronto
Toronto W05
Downsview-Roding-CFB
No
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Oct 06, 2026
Original Price:
Previous Price:
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Listed by CENTURY 21 ATRIA REALTY INC.
Data was last updated October 6, 2026 at 02:15 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.