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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Unit # 108-109 8130 Sheppard Avenue E

Rouge E11 Toronto M1B 3W3

$499,000 /For Sale

Commercial

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• Details
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• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

E13451172

Bus Major:

Restaurant

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A rare chance to take over a sleek, modern restaurant space that's fully operational, no need to build from scratch. A one of the Best fine dine restaurant in the prime Scarborough area with excellent visibility and foot traffic. 3,312 sq. ft. of space designed by a professional interior decorator features a spacious dining area with ample seating, and an elegantly designed bar area, creating the perfect ambiance for a high-end dining experience. A modern fully equipped kitchen including a 30 ft hood, walk-in cooler and freezer, and high-end appliances. Generating over $1.1M in annual sales (last year), this is a proven, successful operation. Favorable lease terms with 2 + 5 + 5 years remaining and very low rent of ~$10,240 (including base rent, TMI, Garbage Bin & Water) + HST make this an exceptional opportunity for investors or owner-operators. There is also a great opportunity to convert this space into any other brand or dining concept, offering flexibility to suit your vision.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Total Area:

3312 sq. ft. Square Feet

Total Area:

3,312 sq. ft.308 m2

Retail Area:

3312 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Bathrooms:

4.0

Water supply:

Municipal

Zoning:

Commercial

Additional Info:

Heating type:

Electric Forced Air

Garage:

None

Possession Details:

TBD

Financial Info:

HST Applicable To Sale Price:

Included In

Type Taxes:

N/A

Taxes:

$0 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E11

Listing Sub-Area:

Rouge E11

Area Influences:

Major Highway, Public Transit

Rental Items:

Hot Water Tank, Dishwasher

Inclusions:

All existing associated appliances and chattels

Other Details:

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

Yes

Business Info:

Business/Building Name:

Sankalp Restaurant -The Taste of India (Can be converted)

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

Yes

Hours Open:

12 pm - 11 pm

Employees:

5

Chattels:

Yes

LLBO:

Yes

Seats:

68

Listing Info:

Date Listed:

Jun 16, 2026

Original Price:

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Previous Price:

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Listed by RIGHT AT HOME REALTY

Data was last updated June 16, 2026 at 04:15 PM (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.