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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Main Photo:  in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13812390
Photo 1:  in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13812390
Photo 2:  in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13812390
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Photo 17:  in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13812390
Photo 18:  in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13812390
Photo 19:  in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13812390
Photo 20:  in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13812390
Photo 21:  in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13812390
Photo 22:  in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13812390
Photo 23:  in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13812390
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13812390
Bus Major:
Dry Cleaning/Laundry
Retirement sale after over 20 years successful operation! The cleaner Located on a busy street in the heart of Toronto for over 71 years! Stable sales and repeat customer base. Storefront with a full production facility in the back. Equipped with a professional, brand-name eco-friendly machines, including a brand new pants pressing machine-replacement value close to $400,000! Short hours with at least Two Weeks Vacation every year! -easy to manage and highly profitable! The owner is retiring and sincerely looking to sell. A rare opportunity to take over a turn-key profitable business. Pls do not go direct and disturb the business
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1500 sq. ft. Sq Ft
Lot Depth:
118'
Lot Frontage:
22'11"
Water supply:
Municipal
Zoning:
COMMERCIAL
Heating type:
Gas Forced Air Open
Garage:
Lane
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To, Not Subject to HST
Type Taxes:
TMI
Taxes:
$1 / 2026
Assessment:
$- / -
Toronto
Toronto C01
University
All equipment and machine, tools,
supply inventory and clothing inventory
Air Conditioning:
Partial
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Dry Cleaning/Laundry
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
8-6
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
2
Date Listed:
Sep 22, 2026
Original Price:
Previous Price:
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Listed by 100% PARTNERS REAL ESTATE
Data was last updated September 22, 2026 at 03:15 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.