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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976 - 978 Albion Road
Thistletown-Beaumonde Heights Toronto M9V 1A6

$525,000 /For Sale
Commercial

Main Photo: 976 - 978 Albion Road in Toronto: Thistletown-Beaumonde Heights Commercial for sale (Toronto W10)  : MLS®# W13776200
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13776200
Bus Major:
Coin Laundromat
Yes, This Is The Laundromat You Or Your Client Were Waiting For. This Business Is Well Established For Over 30 years. This Is Completely Unattended, Open 24 Hours. 30 Washers Electrolux W5250 62 1b 6 Years, 8 Electrolux W5180N 451b 6 years, 2 Maytag Softmount 40 lb 7 years, 4 Washcomat W630 30 lb, 1 Washcomat 125 301b, 9 Washcomat Double Load 251b. 30 Dryer Pockets 7 Electolux Stacked 50 lb 6 Years, 8 ADC Stacked 30 lb All Dryers Are Gas Operated. Owned Water Heater Installed 4 Years Ago. Strong Sales Of 234,000 For The Year, Low Lease Cost $7108/Month Inclusive For 2150 Square Feet, Tenure Of The Lease 3 Years and 3 Options To Extend for 5 Years Each. Some Part Of The Premises Is Sub-Leased For $ 2000 Per Month Income To A Stable Business Tenant. Impressive EBITDA Of $ 118,104 For The Year. Owner Is Selling As He Is Retiring. Adequate Training And Education Shall Be Provided For Buyer's Guaranteed Success In This Venture. Large Space In The Basement For Storage And Currently Not Used.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
2150 sq. ft. Square Feet
Total Area:
2,150 sq. ft.
Retail Area:
100 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Plaza
HST Applicable To Sale Price:
In Addition To
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto W10
Thistletown-Beaumonde Heights
No
All Equipment and Chattels
Seller's Personal Belongings
None
Utilities:
Available
Sewers:
Sanitary+Storm Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Coin Laundromat
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
24
Employees:
0
Chattels:
Yes
LLBO:
No
Seats:
6
Date Listed:
Sep 12, 2026
Original Price:
Previous Price:
  • Photo 1: 976 - 978 Albion Road in Toronto: Thistletown-Beaumonde Heights Commercial for sale (Toronto W10)  : MLS®# W13776200
    Photo 1 of 1
Listed by HOMELIFE/MIRACLE REALTY LTD
Data was last updated September 12, 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.