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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Main Photo: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 1: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 2: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 3: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 4: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 5: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 6: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 7: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 8: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 9: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 10: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 11: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 12: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 13: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 14: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 15: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 16: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 17: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 18: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 19: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 20: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 21: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 22: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 23: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 24: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 25: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 26: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 27: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 28: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 29: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 30: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 31: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 32: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 33: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 34: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 35: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 36: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 37: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 38: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 39: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 40: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 41: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 42: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 43: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 44: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 45: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 46: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13436052
Bus Major:
Apts - 6 To 12 Units
Boutique living redefined in the heart of the Beaches. This iconic address boasts 6 multi-story lofts and 4 exquisite suites (10 large suites in total), following a significant two-year building restoration program (2021-25). With millions invested, over 65% of the property's square footage has been meticulously upgraded to luxury standards. All remodeled suites immediately captured significantly higher rents, proving that investment case to continue with luxury renovation plans as tenants churn. Tenants desire large multi-level lofts, complete privacy, luxury renos, with surface parking and no elevators! Nestled on a spacious 75x125 ft lot, the building showcases 11,000 sq ft of living space, complemented by 10 surface parking spots, 10 personal storage lockers, and various alfresco areas. With a blend of contemporary luxury, timeless exposed brick and beam, elegant hardwood floors, and abundant natural light, steps to Kew Gardens, the boardwalk, Financial District and More. Suites 1,3,4,8,6,10 were completely remodeled to luxury status (2021/25). Suite 10s renovation and restoration are complete, making it the newest finished unit.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
11232 sq. ft. Square Feet
Total Area:
11,232 sq. ft.
Lot Depth:
125'
Lot Frontage:
75'
Lot Details:
75.00 x 125.00 Feet
Bathrooms:
11.0
Water supply:
Municipal
Rooms:
0
Zoning:
Multi-Residential
Heating type:
Baseboard
Cooling:
Yes
Garage:
None
Parking Spaces:
10
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$22,203.33 / 2025
Assessment:
$- / -
Toronto
Toronto E02
The Beaches
Public Transit, Recreation/Community Centre
10 fridges, 10 stoves, 6 dishwashers, 6 washers, 6 dryers, 2 coin operated washers, 2 coin operated dryers, elfs, window coverings, hot water tank
Tenants Property
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Outside Storage:
No
Date Listed:
Jun 12, 2026
Original Price:
Previous Price:
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Listed by PROPERTY.CA INC.
Data was last updated June 13, 2026 at 02:15 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.