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C 233 College Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C13045682

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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C 233 College Street
Kensington-Chinatown Toronto M5T 2B6

$39,000 /For Sale
Commercial

Main Photo: C 233 College Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C13045682
Photo 1: C 233 College Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C13045682
Photo 2: C 233 College Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C13045682
Photo 3: C 233 College Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C13045682
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13045682
Bus Major:
Fast Food/Takeout
Prime retail opportunity in an exceptionally high-traffic location in the heart of the St. George campus area. Positioned along a busy transit corridor with constant pedestrian flow and exposure from the 506 streetcar line, this location offers outstanding visibility and accessibility. Approximately 700 sq ft of newly finished space, suitable for a variety of retail or service-based uses. Surrounded by the University of Toronto and a dense population of students and professionals, creating strong daily demand. An ideal setting for concepts such as bubble tea, ice cream, or other quick-service businesses. A rare chance to secure a well-located commercial space with excellent growth potential - location truly speaks for itself.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Approx. Age:
0-5
Total Area:
709 sq. ft. Square Feet
Total Area:
709 sq. ft.
Retail Area:
709 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
CR
Heating type:
Gas Forced Air Open
Clear Height:
14'
Garage:
Underground
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
Yes
None
No
Utilities:
Available
Sewers:
Sanitary+Storm Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Fast Food/Takeout
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
11-9
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
12
Date Listed:
Apr 26, 2026
Original Price:
Previous Price:
  • Photo 1: C 233 College Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C13045682
    Photo 1 of 3
  • Photo 2: C 233 College Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C13045682
    Photo 2 of 3
  • Photo 3: C 233 College Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C13045682
    Photo 3 of 3
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Listed by HOMELIFE FRONTIER REALTY INC.
Data was last updated April 26, 2026 at 04:15 PM (UTC)
DARYL KING
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.