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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96 Gerrard Street E
Church-Yonge Corridor Toronto M5B 1G7

$118,300 /For Sale
Commercial

Main Photo: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 1: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 2: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 3: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 4: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 5: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 6: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 7: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 8: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 9: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 10: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 11: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 12: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 13: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Photo 14: 96 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13861110
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13861110
Bus Major:
Convenience/Variety
Rare opportunity to own an established convenience store on the Toronto Metropolitan University (TMU) campus. Street-front on Gerrard St. East at the base of a student residence with 500+ residents, giving built-in customers every day of the week. Over 47,000 students attend TMU. Approx. 850 sq ft with only about half currently used for retail, leaving plenty of room to grow sales. The lease grants exclusive convenience store use in the building and runs to Sept. 2032, plus one 5-year renewal option. Lottery (OLG) terminal and ATM on site. Turnkey business, ideal for an owner-operator or family. Steps to College and Dundas subway stations, Yonge St. and the Eaton Centre. Inventory not included in price. Owner operates short hours from 11am to Midnight. HUGE UPSIDE for the new owner to open early morning hours to get Rush Hour Income !!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
850 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
Commercial Retail
Heating type:
Gas Forced Air Closed
Garage:
Other
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / 2025
Toronto
Toronto C08
Church-Yonge Corridor
Public Transit, Subways
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Convenience/Variety
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11am-12pm
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Oct 05, 2026
Original Price:
Previous Price:
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Listed by LSG REALTY INC.
Data was last updated October 5, 2026 at 04:15 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.

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.