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 E 484 Danforth Avenue

Playter Estates-Danforth Toronto M4K 1P6

$289,000 /For Sale

Commercial

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• Details
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• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

E12405404

Bus Major:

Restaurant

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An Exceptional Opportunity To Own A Landmark Business Location In One Of Torontos Most Dynamic Corridors. Alexandros Greek Restaurant Sits On A Premier Corner Beside Logan Avenue With Direct Access To Alexander The Great Parkette, Offering Maximum Visibility And Foot Traffic. With Seating For Over 30 Guests, Indoor And Patio Dining, And A Well-Established Customer Base, This Turnkey Restaurant Combines Prime Real Estate With Unmatched Presence In The Heart Of The Danforth One Of The Citys Most Celebrated Culinary And Cultural Destinations.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Retail Area:

600 sq. ft. Sq Ft

Depth:

95'29 m

Frontage:

18'2"5.54 m

Water supply:

Municipal

Zoning:

Restaurant

Additional Info:

Heating type:

Electric Forced Air

Garage:

None

Possession Details:

Flex

Financial Info:

HST Applicable To Sale Price:

Included In

Assessment Year:

2024

Type Taxes:

N/A

Taxes:

$0 / 2025

Assessment:

$- / 2024

Listing Area:

Toronto E03

Listing Sub-Area:

Playter Estates-Danforth

County Or Parish:

Toronto

Security Features:

No

Other Details:

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

Yes

Business Info:

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

Yes

Days Open:

Open 7 Days

Hours Open:

10am-12am

Employees:

4

Chattels:

Yes

LLBO:

No

Seats:

30

Listing Info:

Date Listed:

Sep 16, 2025

Original Price:

$289,000

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Listed by BESPOKE REALTY INC.

Data was last updated September 17, 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.