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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72 St. Patrick Street
Kensington-Chinatown Toronto M5T 1V1

$649,888 /For Sale
Commercial

Main Photo: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 1: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 2: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 3: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 4: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 5: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 6: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 7: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 8: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 9: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 10: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 11: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 12: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 13: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 14: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 15: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Photo 16: 72 St. Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12589672
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12589672
Bus Major:
Service Related
Street-Level Loft At The Sought-After Village By The Grange, Offering Rare Live/Work Flexibility With Unique Mixed-Use Zoning. This Versatile Space Can Be Configured As Fully Residential, Fully Commercial, Or A Seamless Combination Of Both-Ideal For Service-Based Businesses. With Prime Street Frontage In The Heart Of Downtown, Your Possibilities Are Endless The Unit Features Soaring 12-Foot Ceilings, A Loft-Style Bedroom With A Walk-In Closet, A Spacious Den, And A Large Bathroom Complete With A Separate Walk-In Shower And Standalone Tub. Enjoy A Generous 278 Sq. Ft. Private Terrace Perfect For Relaxing Or Entertaining.All Appliances Are Included, And The Building Offers Access To Top-Tier Amenities Such As A Gym, Outdoor Pool, And Party Room. Condo Fees Cover Heat, A/C, Electricity, Water, Internet/TV, And Maintenance Of Common Areas. One Of The Widest Units In The Grange Complex, This Open-Concept Layout Is Ideal For A Wide Range Of Business Uses. Existing Businesses In The Complex Include Dental And Medical Offices, A Hair Salon, Legal Practices, And Real Estate Offices. Skip The High Cost Of Leasing And Own Your Own Workspace. This Is A Rare And Valuable Chance To Invest In Your Future!
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
900 sq. ft. Square Feet
Total Area:
900 sq. ft.
Retail Area:
900 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bedrooms:
2
Bathrooms:
1.0
Water supply:
Municipal
Kitchens:
1
Zoning:
Commercial/ Retail, Service
Heating type:
Gas Forced Air Open
Garage:
Underground
Parking Spaces:
0
Possession Details:
30/60/TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$3,168.73 / 2024
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
No
Fridge, Stove, Range Hood Fan, Dishwasher, Washer & Dryer, California Shutter Blinds Throughout & All Electrical Light Fixtures.
No
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Condo Fee:
$1,195.78
Major Business Type:
Service Related
Category:
Service
Franchise:
No
Chattels:
Yes
Date Listed:
Dec 01, 2025
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated December 2, 2025 at 06:15 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.