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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8,8a 865 York Mills Road

Banbury-Don Mills Toronto M3B 1Y6

$399,000 /For Sale

Commercial

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• Details
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

C13808844

Bus Major:

Restaurant

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Prime large-format restaurant opportunity at Liberty Plaza, York Mills & Don Mills. Over 5,000 sq ft of turnkey space with a professionally designed kitchen and a proven restaurant history since 2017. Currently operating as an Italian Restaurant. Includes massive prep kitchen, outdoor patio, and transferable liquor license for 196 indoor + 39 patio seats. Additional 1,056 sq ft ideal for storage. Excellent visibility, strong traffic, and ideal for experienced operators, franchises, or national brands seeking a high-performing North York location.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Total Area:

6751 sq. ft. Square Feet

Total Area:

6,751 sq. ft.627 m2

Retail Area:

5695 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Water supply:

Municipal

Zoning:

commercial

Additional Info:

Heating type:

Gas Forced Air Closed

Garage:

None

Possession Details:

TBA

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Type Taxes:

TMI

Taxes:

$0 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C13

Listing Sub-Area:

Banbury-Don Mills

Other Details:

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

Yes

Business Info:

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

No

Hours Open:

varies

Employees:

8

Chattels:

Yes

LLBO:

Yes

Seats:

196

Listing Info:

Date Listed:

Sep 21, 2026

Original Price:

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Previous Price:

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  Walkin Cooler behind Kitchen
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  Walkin Cooler & Freezer in Storage
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  Storage Area
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  Storage .2

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Listed by RE/MAX EXCEL REALTY LTD.

Data was last updated September 22, 2026 at 12:15 AM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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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.

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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.