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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924 Eglinton Avenue W
Forest Hill North Toronto M6C 2C2

$75,000 /For Sale
Commercial

Main
Photo 1: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
Photo 2: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
Photo 3: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
Photo 4: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
Photo 5: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
Photo 6: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
Photo 7: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13740616
Bus Major:
Dry Cleaning/Laundry
An excellent opportunity to acquire a well-established dry cleaning and Alterations business proudly serving the Forest Hill community and surrounding areas for over 24 years.The owner is retiring and is offering this established operation for an urgent sale. With a loyal customer base, an established presence in the community, and significant room for growth, this is an attractive opportunity for an owner-operator or an established dry-cleaning company looking to expand. Annual Sales: Approximately $173,000, Seller-Reported Net Income: Approximately $81,300. Monthly Rent: $3,650 + HST. Current Lease: Expires December 2027, Renewal: 5-year option to follow. Hours:Monday-Friday: 9:00 AM-6:30 PM, Saturday: 9:30 AM-4:30 PM and Sunday: Closed. Significant Growth Potential, The business currently has substantial untapped potential for pickup and delivery services, Expanding into residential and commercial pickup and delivery could provide an excellent opportunity to increase sales and strengthen customer convenience. This is an ideal opportunity for an owner-operator seeking an established business with an existing customer base, or for an established dry-cleaning company looking to expand its footprint and customer reach in the Forest Hill area. Confidential sale. Qualified buyers are encouraged to inquire for additional information and financial details.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Approx. Age:
51-99
Total Area:
1000 sq. ft. Square Feet
Total Area:
1,000 sq. ft.
Retail Area:
1000 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Street
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C04
Forest Hill North
Air Conditioning:
Partial
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Financial Statements:
Yes
Gross income:
$175,000
Net Income Before Debt:
$81,305
Expenses Actual/Estimated:
Actual
Operating Expenses:
$60,000
Water Expenses:
$0
Year Expenses:
2025
Maintenace Expenses:
$879
Business/Building Name:
Ace Cleaners
Major Business Type:
Dry Cleaning/Laundry
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
9-6:30Pm (M-F). 9:30-4:30Pm(Sat)
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Sep 03, 2026
Original Price:
Previous Price:
  • Photo 1: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
    Main
  • Photo 2: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
    Neighbors
  • Photo 3: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
    Fitting Area
  • Photo 4: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
    Photo 4 of 7
  • Photo 5: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
    Alteration Spot
  • Photo 6: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
    Photo 6 of 7
  • Photo 7: 924 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13740616
    Press Machine
Listed by CENTRAL HOME REALTY INC.
Data was last updated September 3, 2026 at 01:30 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.

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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.