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 Greystone Walk Drive
Kennedy Park Toronto M1K 5J2

$275,000 /For Sale
Commercial

Main Photo: 8 Greystone Walk Drive in Toronto: Kennedy Park Commercial for sale (Toronto E04)  : MLS®# E12788928
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12788928
Bus Major:
Pizzeria
Turnkey 241 Pizza Franchise For Sale Prime Scarborough Location. An Exceptional Opportunity To Acquire A Profitable, Well-Established 241 Pizza Franchise In The Heart Of The Vibrant Core Of Scarborough. Ideally Situated At The High-Traffic Intersection Of Midland & Danforth Rd. Located In A Well-Established Neighborhood Retail Plaza In Scarborough's Kennedy Park Area, Anchored By The Greystone Medical Centre And Surrounded By High-Density Residential Buildings Ensuring Steady Local Foot Traffic. Offering Excellent Visibility And Consistent Customer Flow. Unbeatable Location Absentee Owner Key Highlights: Prime Location: A Popular Destination For Quick-Serve Pizza, Wings, And Other Italian-Style Fast Food Strong Financial Performance Annual Sales: Approx. $400kRent: Approx. $4081/Month Inc. TMI Long Lease: Till 2032+ 5 Year Renewal Option Royalty Fee: $200/ Weekly Advertising Fee: $100/ Weekly Store Area: Approx. 1,150 Sq. Ft. Don't Miss This Opportunity!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1150 sq. ft. Square Feet
Total Area:
1,150 sq. ft.
Retail Area:
1150 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Plaza
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto E04
Kennedy Park
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Pizzeria
Category:
Without Property
Franchise:
Yes
Days Open:
Open 7 Days
Hours Open:
11AM to 11PM
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
12
Date Listed:
Feb 14, 2026
Original Price:
Previous Price:
  • Photo 1: 8 Greystone Walk Drive in Toronto: Kennedy Park Commercial for sale (Toronto E04)  : MLS®# E12788928
    Photo 1 of 1
Listed by HOMELIFE/MIRACLE REALTY LTD
Data was last updated February 14, 2026 at 06:15 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.