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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988 St Clair Avenue W
Oakwood Village Toronto M6E 1A2

$49,000 /For Sale
Commercial

Main Photo: 988 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13581010
Photo 1: 988 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13581010
Photo 2: 988 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13581010
Photo 3: 988 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13581010
Photo 4: 988 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13581010
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13581010
Bus Major:
Convenience/Variety
Exceptional turnkey business opportunity in the heart of Oakwood Village! Well-established business operating as a Convenience Store, Vape Shop, Dry Cleaning Depot and Ice Cream Shop with multiple revenue streams, including strong lottery commissions. Easy-to-manage operation suitable for an owner-operator or investor. Prime corner location at St. Clair Ave. W. & Glenholme Ave. offering excellent visibility, high pedestrian and vehicle traffic, and a loyal customer base. Surrounded by residential neighbourhoods, schools, offices, banks and parks. Rent is $5,100/month including TMI. Bonus: a separate bedroom residential unit is currently rented for $2,000/month, providing additional rental income. Approximately 4 years remain on the current lease, plus two renewal options of 4 years and 5 years. Business may be converted to other retail or service uses, subject to landlord approval. Excellent opportunity with significant potential to grow sales by expanding products and services.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
1200 sq. ft. Square Feet
Total Area:
1,200 sq. ft.
Retail Area:
100 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
CR
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
HST Applicable To Sale Price:
Included In
Assessment:
$0
Assessment Year:
2025
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$.00 / 2025
Toronto
Toronto C03
Oakwood Village
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
988 St Clair Avenue W, Toronto, ON, M6E 1A2 (Toronto C03)
Major Business Type:
Convenience/Variety
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
10 am to 12 am
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
1
Date Listed:
Jul 18, 2026
Original Price:
Previous Price:
  • Photo 1: 988 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13581010
    Photo 1 of 4
  • Photo 2: 988 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13581010
    Photo 2 of 4
  • Photo 3: 988 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13581010
    Photo 3 of 4
  • Photo 4: 988 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13581010
    Photo 4 of 4
Listed by THE CANADIAN HOME REALTY INC.
Data was last updated July 20, 2026 at 03:15 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.