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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730 Lakeshore Road E
Lakeview Mississauga L5G 1J6

$250,000 /For Sale
Commercial

Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12651090
Bus Major:
Restaurant
This is your chance to step into a thriving business with a loyal customer base, high foot traffic, and endless growth potential! Fully equipped, beautifully maintained, and located in a prime commercial & residential area, this restaurant is ready for a new owner and that could be yours! All major equipment is included,(list can be provided) so you can hit the ground running from day one. Contact me today to book a private showing and explore what makes this port credit's gem a smart investment. Lets bring your business vision to life! Monthly rent $4500 including TMI.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1250 sq. ft. Square Feet
Total Area:
1,250 sq. ft.
Retail Area:
1250 sq. ft. Sq Ft
Lot Depth:
125'
Lot Frontage:
120'
Lot Details:
102.00 x 125.00 Feet
Bathrooms:
2.0
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
Garage:
None
Parking Spaces:
15
Possession Details:
IMMEDIATE
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Peel
Mississauga
Lakeview
None
Utilities:
Available
Air Conditioning:
Partial, Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Expenses Actual/Estimated:
Estimated
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Varies
Hours Open:
Mon to Fri 12:30pm to 9:00pm Sat & Sun 1pm - 930pm
Employees:
2
Chattels:
Yes
LLBO:
No
Seats:
26
Date Listed:
Dec 28, 2025
Original Price:
Previous Price:
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated December 29, 2025 at 04:15 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.