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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992 St Clair Avenue W

Oakwood Village Toronto M6E 1A2

$160,000 /For Sale

Commercial

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

C13720650

Bus Major:

Restaurant

• Photos (9)

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Prime Restaurant Location - Ideal for Peruvian, Chinese, Japanese etc Cuisine Amazing location directly across from Oakwood Collegiate, with a bright and welcoming interior and TTC right at the doorstep. The premises have been successfully operated as a restaurant for 12 years and are fully equipped for food service.Features include:Fully equipped commercial kitchenKitchen hood and deep fryersDishwasherMen's, ladies' and employee washrooms in the basementBasement office and plenty of storage spaceExcellent location with high visibility and transit access Operate as Peruvian cuisine restaurant now

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Total Area:

1213 sq. ft. Square Feet

Total Area:

1,213 sq. ft.113 m2

Retail Area:

1213 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Lot Details:

0.00 x 0.00 Feet

Bathrooms:

3.0

Water supply:

Municipal

Rooms:

0

Zoning:

Commercial

Additional Info:

Heating type:

Gas Forced Air Closed

Cooling:

Yes

Garage:

None

Possession Details:

TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Type Taxes:

Annual

Taxes:

$0 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C03

Listing Sub-Area:

Oakwood Village

Inclusions:

Turn key operation! Setup as restaurant, premises with licence for 50 persons 12 tables, 8 bar stools + 5 tables in storage, coolers & fridges, ice maker. Note: list of equipment with listing broker.

Other Details:

Sewers:

Sanitary+Storm

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

Yes

Business Info:

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

No

Days Open:

Open 6 Days

Hours Open:

8

Employees:

2

Chattels:

Yes

LLBO:

Yes

Seats:

38

Listing Info:

Date Listed:

Aug 28, 2026

Original Price:

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Previous Price:

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Listed by FIRST CLASS REALTY INC.

Data was last updated August 28, 2026 at 02:15 AM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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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.

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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.