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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725 Dovercourt Road
Palmerston-Little Italy Toronto M6H 2W7

$1,799,900 /For Sale
Commercial

Main Photo: 725 Dovercourt Road in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C12831234
Photo 1: 725 Dovercourt Road in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C12831234
Photo 2: 725 Dovercourt Road in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C12831234
Photo 3: 725 Dovercourt Road in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C12831234
Photo 4: 725 Dovercourt Road in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C12831234
Photo 5: 725 Dovercourt Road in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C12831234
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Photo 38: 725 Dovercourt Road in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C12831234
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Photo 40: 725 Dovercourt Road in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C12831234
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12831234
Discover this professionally maintained mixed-use corner gem at Bloor & Dovercourt, offering both stability and growth potential. The property features one ground-level commercial unit with unbeatable corner exposure and constant foot traffic, along with ample parking options ideal for maximizing visibility and rental income. Main floor leased for 5 years with a +5-year option. Above, the second and third floors are thoughtfully laid out with four rental units, ensuring strong demand in this high-traffic, high-demand location. Situated in the heart of Little Italy, the building benefits from a vibrant neighbourhood known for its charismatic character, lively nightlife, and excellent transit options. This rare opportunity combines location, exposure, and consistent rental appeal, making it a must-have for investors and end users alike.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Total Area:
2250 sq. ft. Square Feet
Total Area:
2,250 sq. ft.
Retail Area:
750 sq. ft. Sq Ft
Lot Depth:
132'
Lot Frontage:
18'
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
R(d0.6*735)
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
5
Possession Details:
Flexible/TBA
Lot Irregularities:
122.38 ft x 17.24 ft x 132.21 ft x 7.58
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$11,997 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Palmerston-Little Italy
No
All Existing: Washer , Dryer, Fridge, Stove, Dishwasher, All ELFS.
None
No
Utilities:
Available
Sewers:
Sanitary Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Category:
Apartment
Franchise:
No
Days Open:
Open 7 Days
Chattels:
Yes
LLBO:
No
Date Listed:
Mar 01, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated March 2, 2026 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.