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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A3-A4 4771 Steeles Avenue E

Milliken Toronto M1V 4S5

$399,000 /For Sale

Commercial

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• Details
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

E13757834

Bus Major:

Restaurant

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Excellent Restaurant Opportunity in Prime Steeles/Midland Location! Newly renovated Chinese restaurant with approximately 110 seats and LLBO license. Features 3 private dining rooms, brand-new equipment, a fully equipped commercial kitchen, and a practical, well-designed layout. Conveniently located with easy access to major roads and ample on-site parking. Reasonable rent with a great setup suitable for a variety of restaurant concepts and cuisines. Turnkey opportunity with excellent potential. Don't miss this rare opportunity!

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

No

Total Area:

2830 sq. ft. Square Feet

Total Area:

2,830 sq. ft.263 m2

Retail Area:

2830 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Lot Details:

0.00 x 0.00 Feet

Water supply:

Municipal

Rooms:

0

Zoning:

Restaurant

Additional Info:

Heating type:

Gas Forced Air Open

Cooling:

Yes

Garage:

Plaza

Possession Details:

TBA

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Type Taxes:

TMI

Taxes:

$1 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E07

Listing Sub-Area:

Milliken

Inclusions:

All Chattel And Equipment Are Included. Rent $15,911.27/ Monthly ( Include Tmi , Hst), Lease Term Till August 31, 2027 With Another 3 Yrs Renewal.

Other Details:

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

No

Business Info:

Business/Building Name:

QIANJINFU BBQ & RESTAURANT

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

No

Days Open:

Open 7 Days

Hours Open:

12-2

Employees:

6

Chattels:

Yes

LLBO:

Yes

Seats:

110

Listing Info:

Date Listed:

Sep 09, 2026

Original Price:

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Previous Price:

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Listed by BAY STREET GROUP INC.

Data was last updated September 9, 2026 at 04:15 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.