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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Main Photo: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
Photo 1: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
Photo 2: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
Photo 3: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
Photo 4: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
Photo 5: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
Photo 6: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
Photo 7: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13656172
Bus Major:
Restaurant
Prime King West restaurant opportunity in the heart of Toronto, just steps from Bathurst on one of the city's busiest and most walkable dining and entertainment corridors. Surrounded by thriving restaurants, nightlife, retail, offices and boutique condo developments, this turnkey space offers excellent exposure and constant pedestrian activity. Fully equipped commercial kitchen with single-deck pizza oven, walk-in cooler and freezer, and 9-foot industrial hood. Stylish dining room features blonde wood tables, bench seating, wide-plank floors, custom tiled bar and whitewashed brick walls, while floor-to-ceiling windows open fully to the street in warmer months. European-style covered patio with string lighting adds a unique outdoor dining experience and is licensed for 16, with 59 seats inside. Full basement, 2 washrooms and 2 parking spaces. Attractive lease rate of approximately $6900 including TMI, with approximately 2 years remaining plus a 10-year renewal option. No restrictions on concept or cuisine, offering an exceptional opportunity for a new operator to take advantage of one of Toronto's most established and sought-after restaurant locations. Please do not go direct or speak to staff.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1300 sq. ft. Square Feet
Total Area:
1,300 sq. ft.
Retail Area:
1300 sq. ft. Sq Ft
Lot Depth:
92'4"
Lot Frontage:
20'
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
Business Commercial
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
2
Possession Details:
TBD
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C01
Niagara
No
* As per List of Chattels & Equipment *
* As per List of Chattels & Equipment *
* As per List of Chattels & Equipment *
None
No
Amperage:
200
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
11am-2am
Employees:
0
Chattels:
Yes
LLBO:
Yes
Outside Storage:
No
Seats:
75
Date Listed:
Aug 10, 2026
Original Price:
Previous Price:
  • Photo 1: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
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  • Photo 2: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
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  • Photo 3: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
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  • Photo 4: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
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  • Photo 5: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
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  • Photo 6: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
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  • Photo 7: 740 King Street W in Toronto: Niagara Commercial for sale (Toronto C01)  : MLS®# C13656172
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated August 10, 2026 at 02:15 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.