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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A04 127 Lebovic Avenue
Clairlea-Birchmount Toronto M1L 0J2

$499,999 /For Sale
Commercial

Main Photo: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
Photo 1: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
Photo 2: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
Photo 3: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
Photo 4: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
Photo 5: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
Photo 6: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12962272
Excellen opportunity to Own resale Unit A04,located in the golden mile area close to the metro offering approximately 750 sq. ft. of versatile commercial space plus an additional ~400 sq. ft. private patio area, ideal for extended use orcustomer seating.Functional layout with bright reception and open workspace, suitable for a variety of retail or professional uses. Located in a high-traffic, well-established area with convenient access toTTC, major retailers, banks, and restaurants (Walmart, Lowe's, Rona & more).Great exposure with strong surrounding businesses. Ample parking available for customers and staff.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
750 sq. ft. Square Feet
Total Area:
750 sq. ft.
Retail Area:
750 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Both
Zoning:
Commerical Retail
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$5,241.56 / 2025
Assessment:
$- / -
Toronto
Toronto E04
Clairlea-Birchmount
Yes
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Category:
Commercial Condo
Franchise:
No
Chattels:
Yes
Date Listed:
Apr 07, 2026
Original Price:
Previous Price:
  • Photo 1: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
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  • Photo 2: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
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  • Photo 3: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
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  • Photo 4: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
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  • Photo 5: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
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  • Photo 6: A04 127 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E12962272
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Listed by REALBIZ REALTY INC.
Data was last updated April 7, 2026 at 12:15 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.