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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675 The Queensway

Stonegate-Queensway Toronto M8Y 1K8

$98,000 /For Sale

Commercial

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

W12918492

Bus Major:

Restaurant

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Prime opportunity to take over a quick service restaurant space at The Queensway and Royal York. This location benefits from steady local traffic and a strong surrounding community with many condos, homes, schools, and shops nearby. The area offers good visibility and easy access, making it convenient for both takeout and dine-in customers. Approx. 1,150 sq. ft. with 35 seats, 6ft hood, basement, and newer essential equipment in place to start. Functional layout suitable for a quick-service concept or many types of cuisine with minimal investment. Rent $4,500 (TMI & HST included). 4.5 years remaining on the current lease plus a 5-year renewal option.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

No

Total Area:

1150 sq. ft. Square Feet

Total Area:

1,150 sq. ft.107 m2

Retail Area:

100 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Bathrooms:

2.0

Water supply:

Municipal

Zoning:

Commercial

Additional Info:

Heating type:

Gas Forced Air Open

Garage:

Street

Possession Details:

TBD

Financial Info:

HST Applicable To Sale Price:

In Addition To

Type Taxes:

TMI

Taxes:

$0 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto W07

Listing Sub-Area:

Stonegate-Queensway

Other Details:

Utilities:

Available

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

No

Business Info:

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

No

Days Open:

Open 7 Days

Hours Open:

12 pm - 9 pm

Employees:

2

Chattels:

Yes

LLBO:

No

Seats:

30

Listing Info:

Date Listed:

Mar 25, 2026

Original Price:

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Previous Price:

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Listed by REON HOMES REALTY INC.

Data was last updated March 28, 2026 at 04:15 AM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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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.

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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.