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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685 Runnymede Road
Junction Area Toronto M6S 3A4

$159,000 /For Sale
Commercial

Main Photo: 685 Runnymede Road in Toronto: Junction Area Commercial for sale (Toronto W02)  : MLS®# W12864490
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12864490
Bus Major:
Restaurant
Operating since 1972, Jumbo Burgers has been serving the community for over 50 years and has built a strong reputation as a local favorite. This is a rare opportunity to acquire an iconic burger restaurant with long-standing name recognition and a loyal customer base developed over decades. The premises offer approximately 1,000 sq. ft. of interior space along with a cozy rear patio, providing additional seating and seasonal dining potential. The restaurant features a fully functioning kitchen equipped with the essential equipment required to continue operating. Located in an area experiencing significant redevelopment and growth, there is potential to further grow revenue for a new owner. Rear parking is available at the back of the unit for added convenience. This is a great opportunity for those looking to operate their own business and take over a well-established restaurant in the community.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
600 sq. ft. Sq Ft
Lot Depth:
50'
Lot Frontage:
21'5"
Water supply:
Municipal
Zoning:
commercial
Heating type:
Other
Garage:
None
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto W02
Junction Area
None
All restaurant equipment, lighting and electrical fixtures
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
Jumbo Burger
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
N/A
Employees:
8
Chattels:
Yes
LLBO:
No
Seats:
8
Date Listed:
Mar 10, 2026
Original Price:
Previous Price:
  • Photo 1: 685 Runnymede Road in Toronto: Junction Area Commercial for sale (Toronto W02)  : MLS®# W12864490
    Photo 1 of 1
Listed by REAL BROKER ONTARIO LTD.
Data was last updated March 10, 2026 at 04:15 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.