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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A9 2026 Sheppard Avenue E
Pleasant View Toronto M2J 5B3

$179,000 /For Sale
Commercial

Main Photo: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 1: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 2: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 3: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 4: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 5: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 6: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 7: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 8: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 9: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 10: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
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Photo 17: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 18: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
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Photo 21: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 22: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 23: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 24: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Photo 25: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
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Photo 31: A9 2026 Sheppard Avenue E in Toronto: Pleasant View Commercial for sale (Toronto C15)  : MLS®# C13033688
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13033688
Bus Major:
Restaurant
Turnkey, high-energy shisha lounge positioned in a vibrant, high-traffic corridor surrounded by offices, residential communities, and dense condo living. This well-established hotspot draws a loyal evening and weekend crowd, delivering strong, consistent revenue and attractive profit margins. The space accommodates 60+ guests and offers a diverse menu of premium shisha flavors alongside cold beverages, specialty coffees, and teas-creating a relaxed, social atmosphere that keeps customers coming back. In addition to regular service, the business generates additional income through private parties and special events, providing a valuable and scalable revenue stream. Summer sales range from $30,000-$35,000 per month. Rent is $6,850/month (includes T.M.I. & H.S.T.) with a new 5-year lease plus a 5-year renewal option, offering long-term stability and predictability. Stylish, inviting setup with proven demand and excellent growth potential. Perfect for an owner-operator or investor seeking a profitable, ready-to-run concept. Comprehensive training provided for a smooth transition. Step into a thriving business and make it your own.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
1650 sq. ft. Square Feet
Total Area:
1,650 sq. ft.
Retail Area:
1650 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Bathrooms:
2.0
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
Garage:
Outside/Surface
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C15
Pleasant View
Major Highway, Public Transit
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
Fiesta Shisha Lounge
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
5pm - 1am
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
60
Date Listed:
Apr 23, 2026
Original Price:
Previous Price:
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Listed by HOMELIFE/BAYVIEW REALTY INC.
Data was last updated April 23, 2026 at 07:15 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.