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 1415 Kennedy Road
Dorset Park Toronto M1P 2L6

$750,000 /For Sale
Commercial

Main Photo: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 1: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 2: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 3: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 4: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 5: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 6: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 7: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 8: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 9: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 10: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 11: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Photo 12: 8 1415 Kennedy Road in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E13140364
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13140364
Excellent owner-user and investment opportunity in a well-established commercial plaza at Kennedy Road and Ellesmere Road in Scarborough.This versatile two-storey commercial condo features approximately 1,000+ sq. ft. on the ground floor, complete with a private washroom and an efficient layout suitable for a wide range of professional, medical, wellness, educational, and retail uses.The second floor offers approximately 400+ sq. ft. of office space with its own private washroom and is currently leased for $1,150 per month, providing immediate rental income and helping offset ownership costs.Ideal for business owners looking to operate their own practice while benefiting from additional cash flow. Suitable for medical clinics, dental offices, physiotherapy, accounting firms, law offices, immigration consultants, mortgage and insurance brokers, beauty and wellness businesses, tutoring centres, and other professional services.Conveniently located with excellent exposure, ample on-site parking, easy access to Highway 401, and close proximity to TTC.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Approx. Age:
6-15
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'
Water supply:
Municipal
Zoning:
MDC
Heating type:
Gas Forced Air Closed
Garage:
Plaza
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$6,056.35 / 2025
Assessment:
$- / 2025
Toronto
Toronto E04
Dorset Park
Public Transit
Yes
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Condo Fee:
$454.98
Category:
Commercial Condo
Date Listed:
May 18, 2026
Original Price:
Previous Price:
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Listed by TIMES SQUARE REAL ESTATE SERVICES INC.
Data was last updated May 18, 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.