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 Harbord Street
University Toronto M5S 1G6

$3,950,000 /For Sale
Commercial

Virtually Rendered
Photo 1: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 2: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 3: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 4: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 5: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 6: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 7: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 8: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 9: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 10: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 11: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Photo 12: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13752642
Bus Major:
Hospitality/Food Related
Old world charm meets a modern addition in this exceptional, fully tenanted investment property, just steps from the University of Toronto, in a location that simply cannot be better. Lovingly owned and meticulously maintained by the same owners for nearly two decades, with no corners cut, the property is now ready to pass the torch to a new generation of ownership. The property comprises a beautiful detached Victorian building fronting on Harbord Street, together with a modern, newly constructed two-unit residential building at the rear with convenient laneway access. The front building features an established fine-dining restaurant on the main floor that has been ranked among Canada's top 20 restaurants, a boutique music school in the lower level, a two-bedroom apartment on the second floor, and two one-bedroom loft-style apartments on the third floor. The rear addition offers a one-bedroom apartment and a spacious three-bedroom loft apartment with two large balconies. Fully occupied by stable, long-term AAA+ tenants and generating a strong income stream with an impressive cap rate. 2 Parking. Ideally located close to TTC, shops, cafés, fine dining and professional offices.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
5000 sq. ft. Square Feet
Total Area:
5,000 sq. ft.
Retail Area:
1025 sq. ft. Sq Ft
Office/Apt Area:
1000 sq. ft. Sq Ft
Lot Depth:
115'
Lot Frontage:
21'
Water supply:
Municipal
Zoning:
CR1.5 (c1;r1*1928)
Heating type:
Electric Forced Air
Garage:
Lane
Parking Spaces:
2
Possession Details:
60-90 Days
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$18,892.68 / 2026
Assessment:
$- / -
Toronto
Toronto C01
University
No
None
Utilities:
None
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Hospitality/Food Related
Category:
Multi-Use
Date Listed:
Sep 08, 2026
Original Price:
Previous Price:
  • Photo 1: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
    Virtually Rendered
  • Photo 2: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
    Photo 2 of 12
  • Photo 3: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
    Patio Furniture Virtually staged
  • Photo 4: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
    Patio Furniture Virtually staged
  • Photo 5: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
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  • Photo 6: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
    Photo 6 of 12
  • Photo 7: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
    Virtually staged
  • Photo 8: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
    Photo 8 of 12
  • Photo 9: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
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  • Photo 10: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
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  • Photo 11: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
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  • Photo 12: 96 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13752642
    Photo 12 of 12
Listed by FOREST HILL REAL ESTATE INC.
Data was last updated September 8, 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.