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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A124 41 Lebovic Avenue
Clairlea-Birchmount Toronto M1L 0H2

$59,900 /For Sale
Commercial

Main Photo: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 1: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 2: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 3: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 4: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 5: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 6: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 7: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 8: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 9: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 10: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 11: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 12: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 13: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Photo 14: A124 41 Lebovic Avenue in Toronto: Clairlea-Birchmount Commercial for sale (Toronto E04)  : MLS®# E13472538
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13472538
Bus Major:
Food Court Outlet
Rare Opportunity of Sale of Food Business 823 SQFT (Rentable Area) with Chattels in the Food Court of Renowned One Centre Plaza (Lebovic) in Prime Commercial Area in Scarborough. Located at Rapidly Growing Food Plaza in a High-Traffic Area at Highly Sought after Location of Warden Ave & Eglinton Ave E. One of Scarborough's busiest retail hubs with Ample Parking and Excellent Exposure. Vibrant Area With Great Tenants Include D-Spot, Affy's Premium Grill, Chachi's Chai, Karachi Express, Chaiiwala of London, Pizza Karachi, Oodles Wok, Burger Alley, Coco, Food Court Outlets, Professional & Medical Offices including Dental Office and Insurance Offices. This property is surrounded by major retailers like Walmart, Canadian Tire, Lowes, RONA, Cineplex, national banks, and is Steps to the new Eglinton Crosstown LRT. Positioned in a rapidly growing area with over 35,000 new residential units planned, this is an ideal opportunity for retailers, investors, entrepreneurs, and professionals seeking high visibility, steady foot traffic, and long-term growth potential. Once Centre Plaza is the Destination Hub & Office Location For Customers & Professionals surrounded by Ontario Court Houses, Banks, Grocery, Clothing & Hardware Stores, and Entertainment Centers. Few Minutes Drive to Highways Highways 401 & DVP.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Approx. Age:
0-5
Total Area:
823 sq. ft. Square Feet
Total Area:
823 sq. ft.
Retail Area:
823 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial/Retail
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$5,995.88 / 2025
Assessment:
$- / -
Toronto
Toronto E04
Clairlea-Birchmount
Public Transit, Recreation/Community Centre
None
Utilities:
Available
Sewers:
Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Food Court Outlet
Category:
Without Property
Franchise:
No
Hours Open:
Tuesday-Sunday 4:00PM - 12:00AM
Employees:
2
Chattels:
Yes
LLBO:
No
Seats:
90
Date Listed:
Jun 22, 2026
Original Price:
Previous Price:
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Listed by WORLD CLASS REALTY POINT
Data was last updated June 22, 2026 at 04:42 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.

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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.