Contact Us

CN16 5650 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07) : MLS®# C13874920

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.

Forgot password Extend Verify Contact

CN16 5650 Yonge Street
Newtonbrook West Toronto M2M 4G3

$339,000 /For Sale
Commercial

Main Photo: CN16 5650 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07) : MLS®# C13874920
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13874920
Bus Major:
Restaurant
Incredible turnkey opportunity to own a highly successful, high-volume Thai Express franchise in the heart of North York's primary business and residential hub. Proudly operating for more than 12 years by the original franchisee, this business offers an incredibly rare level of stability, proven historical performance, and deep-rooted local goodwill. Strategically situated in the bustling underground concourse food court, this business benefits from a massive, captive audience of thousands of corporate employees working directly upstairs, including major anchor tenants like Questrade, multiple Ontario Public Service (OPS)/Ministry offices, and various offices. Foot traffic is projected to grow even further with many more tenants coming into the building shortly, including a walk-in medical clinic.The North American Centre offers a premium workplace experience in the heart of North York, combining transit connectivity with best-in-class amenities. This unbeatable location is directly connected to Finch Subway Station, with GO Transit, TTC, and York Region Transit, capturing an endless, year round stream of daily commuters, students, and local corporate professionals.While currently operating on a highly desirable Monday to Friday schedule (10 AM - 8 PM), an ambitious new owner has immediate room to improve and scale business revenues by opening on weekends and potentially adding another complementary MTY Group brand to the space. Smooth transition assured with comprehensive franchise training and ongoing corporate support. Do not miss this high-traffic gem in Toronto's premier transit and corporate corridors!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
1151 sq. ft. Square Feet
Total Area:
1,151 sq. ft.
Retail Area:
600 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Restaurant
Heating type:
Gas Forced Air Open
Garage:
Underground
Possession Details:
TBD after Franchisor and Landlord approvals
HST Applicable To Sale Price:
In Addition To
Type Taxes:
TMI
Taxes:
$8,356.26 / 2026
Assessment:
$- / -
Toronto
Toronto C07
Newtonbrook West
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
North American Centre
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
Yes
Days Open:
Open 5 Days
Hours Open:
10am- 8pm
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
22
Date Listed:
Oct 08, 2026
Original Price:
Previous Price:
  • Photo 1: CN16 5650 Yonge Street in Toronto: Newtonbrook West Commercial for sale (Toronto C07) : MLS®# C13874920
    Photo 1 of 1
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by CITYLITE REALTY INC.
Data was last updated October 8, 2026 at 12:15 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.
powered by myRealPage.com

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.