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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8 1185 Queensway E
Islington-City Centre West Toronto L4Y 1S1

$1,200,000 /For Sale
Commercial

Main Photo: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
Photo 1: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
Photo 2: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
Photo 3: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
Photo 4: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
Photo 5: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
Photo 6: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
Photo 7: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
Photo 8: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
Photo 9: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13716440
Bus Major:
Professional Office
Outstanding opportunity to own a high-exposure commercial unit strategically positioned along busy Queensway Ave. This ground-level property combines excellent visibility, functionality, and accessibility, making it suitable for a wide range of retail, office, commercial, and light industrial uses. An upgraded drive-in garage door provides added convenience for deliveries and loading, while ample parking enhances accessibility for customers and staff. Located just minutes from QEW, Hwy 403, Hwy 427, and Hwy 401, the property offers seamless connectivity to surrounding areas. A rare opportunity to secure your own commercial space in a highly accessible location and build long-term value instead of paying rent.
Minimum Rental Term:
36
Maximum Rental Term:
60
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
No
Approx. Age:
New
Total Area:
2043 sq. ft. Square Feet
Total Area:
2,043 sq. ft.
Office/Apt Area:
2043 sq. ft. Sq Ft
Lot Depth:
83'6"
Lot Frontage:
24'6"
Lot Details:
24.50 x 83.50 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
New Construction:
Yes
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$9,575.35 / 2025
Assessment:
$- / -
Toronto
Toronto W08
Islington-City Centre West
No
None
Amperage:
60
Volts:
600
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Professional Office
Category:
Office
Date Listed:
Aug 27, 2026
Original Price:
Previous Price:
  • Photo 1: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
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  • Photo 9: 8 1185 Queensway E in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13716440
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Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Data was last updated August 27, 2026 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.