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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76 Gerrard Street E
Church-Yonge Corridor Toronto M5B 1G6

$185,000 /For Sale
Commercial

Main Photo: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
Photo 1: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
Photo 2: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
Photo 3: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
Photo 4: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
Photo 5: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
Photo 6: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
Photo 7: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13628236
Bus Major:
Restaurant
An exceptional opportunity to acquire a fully built-out, 1,500 sq. ft. turnkey restaurant space located at 76 Gerrard Street East, in the heart of downtown Toronto. Currently operating as a fully equipped Omakase Japanese restaurant, this premium location is positioned directly across from Toronto Metropolitan University. The property benefits from high-traffic visibility, dense pedestrian footfall, d immediate proximity to high-density residential condominiums, making it an ideal venue for established brands, expanding franchises, or independent operators. The premises feature an LLBO license accommodating 70 indoor seats and 59 outdoor patio seats. The versatile layout allows for seamless conversion to suit any culinary concept. A comprehensive list of chattels and equipment is available upon request. Exceptionally low monthly rent of approximately $ 8,000 (inclusive of TMI and HST).
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1500 sq. ft. Square Feet
Total Area:
1,500 sq. ft.
Retail Area:
1500 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
TMI
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto C08
Church-Yonge Corridor
A comprehensive list of chattels and equipment is available upon request.
Utilities:
Yes
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:
Lunch: TUE - SUN 12:00 pm | 1:15 pm ; Dinner: TUE - SUN 6:00 pm | 8:30 pm
Employees:
3
Chattels:
Yes
LLBO:
Yes
Seats:
18
Date Listed:
Aug 01, 2026
Original Price:
Previous Price:
  • Photo 1: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
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  • Photo 2: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
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  • Photo 3: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
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  • Photo 4: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
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  • Photo 5: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
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  • Photo 6: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
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  • Photo 7: 76 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13628236
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Listed by HOMELIFE BROADWAY REALTY INC.
Data was last updated August 2, 2026 at 11:15 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.