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 D 209 Dundas Street W

Kensington-Chinatown Toronto M5G 1C8

$48,000 /For Sale

Commercial

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• Details
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

C12604566

Bus Major:

Restaurant

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209 Dundas St W - Business for Sale + Premises Must Be LeasedExcellent opportunity to purchase an existing restaurant business with the requirement that the buyer enters into a new lease for the premises. The unit is already built out for restaurant use and features a 19 ft vent hood, walk-in cooler, bar/serving counter, seating area, washroom, and infrastructure for a full cooking line. (Note: some cooking equipment is missing.) The space is offered as-is and will be leased to the purchaser.Lease TermsNet Rent: $15,800 per monthTMI: $5,980 per monthHST: AdditionalLocation HighlightsPositioned at Dundas St W & University Ave, one of Toronto's busiest downtown intersections, the property benefits from constant foot traffic and visibility. The area is an established mixed-use district surrounded by:St. Patrick Subway Station (short walking distance)Major institutions including Mount Sinai Hospital, Toronto General Hospital, SickKids, and the wider hospital networkDense clusters of office towers, residential high-rises, and university buildingsA diverse mix of restaurants, cafés, convenience operators, and service retailersSeamless access to streetcar routes, bike lanes, and public parkingThis location supports strong daytime and evening activity, making it ideal for food-service operators seeking a high-exposure downtown site with dependable pedestrian flow."This space is not the entire main floor it is the unit specified only"

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

Yes

Total Area:

1850 sq. ft. Square Feet

Total Area:

1,850 sq. ft.172 m2

Retail Area:

1850 sq. ft. Sq Ft

Lot Depth:

123'37.5 m

Lot Frontage:

15'4.57 m

Bathrooms:

1.0

Water supply:

Municipal

Zoning:

Commercial

Additional Info:

Heating type:

Gas Forced Air Open

Garage:

None

Possession Details:

Immediate

Financial Info:

HST Applicable To Sale Price:

Included In

Type Taxes:

TMI

Taxes:

$5,980 / 2024

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C01

Listing Sub-Area:

Kensington-Chinatown

Security Features:

No

Elevator:

None

Crane:

No

Other Details:

Utilities:

Available

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

No

Business Info:

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

No

Days Open:

Varies

Hours Open:

0

Employees:

0

Chattels:

Yes

LLBO:

Yes

Outside Storage:

No

Seats:

40

Listing Info:

Date Listed:

Dec 05, 2025

Original Price:

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Previous Price:

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Listed by RE/MAX ALL-STARS REALTY INC.

Data was last updated December 6, 2025 at 06:15 AM (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.