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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655-663 Queen Street W
Niagara Toronto M6J 1E6

$399,000 /For Sale
Commercial

Main Photo: 655-663 Queen Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13441676
Photo 1: 655-663 Queen Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13441676
Photo 2: 655-663 Queen Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13441676
Photo 3: 655-663 Queen Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13441676
Photo 4: 655-663 Queen Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13441676
Photo 5: 655-663 Queen Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13441676
Photo 6: 655-663 Queen Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13441676
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Photo 17: 655-663 Queen Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13441676
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13441676
Bus Major:
Restaurant
Location! Location! Location! Rare Opportunity to Own a Well-Established and Highly Recognized Turkish Restaurant in the Heart of entertainment district , Right on the south west Corner of Queen &Bathurst This Iconic Restaurant has been Totally Renovated and Equipped professionally, Over the Years they build Strong Reputation with Loyal Local Customers, Students, Office Workers and Tourists from Around the World. Fully Equipped Commercial Kitchen Featuring a Large Commercial Exhaust Hood System, Real charcoal grill Huge Walk-In Cooler and Walk-In Freezer, Extensive Food Preparation Areas, Ample Storage Space, and Significant Capital Improvements Invested by the Current Owner. Turnkey Operation with Excellent Sales and Strong Cash Flow. Situated in One of Toronto's Busiest Pedestrian and Tourist Corridors with Exceptional Exposure and Constant Foot Traffic Year-Round. Strong Existing Customer Base and Outstanding Online Reputation. Don' Miss This Exceptional Opportunity - Low Rent !Must See !
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
1900 sq. ft. Square Feet
Total Area:
1,900 sq. ft.
Retail Area:
1900 sq. ft. Sq Ft
Lot Depth:
65'
Lot Frontage:
32'
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
Retail Commercial
Heating type:
Gas Forced Air Open
Survey Available:
No
Garage:
Public
Possession Details:
flexible
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
No
Type Taxes:
TMI
Taxes:
$3,450 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Niagara
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
Yes
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
11AM -4 AM
Employees:
4
Chattels:
Yes
LLBO:
No
Seats:
40
Date Listed:
Jun 13, 2026
Original Price:
Previous Price:
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Listed by RE/MAX CROSSROADS REALTY INC.
Data was last updated June 14, 2026 at 12:15 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.