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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673 Gerrard Street E
South Riverdale Toronto M4M 1Y2

$1,068,888 /For Sale
Commercial

Main Photo: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 1: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 2: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 3: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 4: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 5: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 6: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 7: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 8: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 9: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 10: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Photo 11: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13902202
PRICED TO SELL!! Premium-Commercial Corner!!- Two Storey Building. Approx. 1500 Sq.ft Total Lot Size 66 x 16 Ft.- Located in a Rapidly Growing Area Surrounded by Trendy Restaurants, Leslieville, Riverdale, East-China Town Neighbourhoods, and The Future Ontario Line. This Mixed-Use Property Offers a Ground-Level Commercial Unit and a Residential Apartment on The Second Floor. Lower Level with Basement with 2-pce Washroom. Property Offers Terrific Potential. Suitable for End Users, Investors, or Builders to Realize Their Creative Vision and Investment Goals. Property is Sold 'as is" Condition City Permit Access for Marketing Retail Space Outside Corner Spaces for Retail Use. Space at Back of Building can be converted to Parking Spots. Great Investment Opportunity!! Easy Access to Schools Library, Shopping, Hwys, Shopping etc.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
1424 sq. ft. Square Feet
Total Area:
1,424 sq. ft.
Retail Area:
734 sq. ft. Sq Ft
Office/Apt Area:
690 sq. ft. Sq Ft
Lot Depth:
66'
Lot Frontage:
16'6"
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
CR2.5(c2;r2*2223)
Heating type:
Baseboard
Survey Available:
No
Garage:
Other
Parking Spaces:
1
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$7,816.02 / 2026
Assessment:
$- / -
Toronto
Toronto E01
South Riverdale
No
None
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
No
Category:
Store With Apt/Office
Franchise:
No
Chattels:
No
Outside Storage:
Yes
Date Listed:
Oct 12, 2026
Original Price:
Previous Price:
  • Photo 1: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13902202
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Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated October 13, 2026 at 02:15 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.