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: 1 1200 Highway  7 in Vaughan: Patterson Commercial for sale : MLS®# N13630064
Photo 1: 1 1200 Highway  7 in Vaughan: Patterson Commercial for sale : MLS®# N13630064
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Photo 27: 1 1200 Highway  7 in Vaughan: Patterson Commercial for sale : MLS®# N13630064
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13630064
Bus Major:
Restaurant
**What If You Could Skip The Hardest Part Of Starting A Restaurant?** No Construction, No Costly Renovations, No Trial And Error, And No Spending Years Building A Loyal Customer Base And Strong Reputation. This Is A Rare Opportunity To Own A Well-Established, Profitable Restaurant That Is Fully Equipped And Ready To Operate From Day One.The Business Has Built A Strong Reputation With A **4.8-Star Google Rating From Over 1,300 Reviews** And More Than **17,700 Organic Instagram Followers**, Creating Excellent Brand Recognition And A Loyal Customer Base.Completely Renovated From Top To Bottom In 2024, The Restaurant Offers **56 Indoor Seats Plus 14 Patio Seats**. It Is Ideally Located On Busy Highway 7 With Prime Corner Exposure, High Daily Traffic, Easy Access, And Plenty Of Customer Parking.The Affordable **All-Inclusive Lease Of Only $8,500 Per Month** Is Secured Until September 2030. The Restaurant Is Fully Equipped With High-Quality Commercial Equipment, Including A 10-Foot Hood, An 8-Foot Custom Charcoal Hood With A 6-Foot Charcoal Barbecue, A 5 Ft x 5 Ft Custom Imported Stone Oven, Walk-In Cooler, Walk-In Freezer, And Everything Needed To Continue Operations Immediately.Continue The Existing Successful Concept Or Introduce Your Own. There Is Excellent Growth Potential By Adding Alcohol Service, Extending Operating Hours To Seven Days A Week, And Increasing Marketing Efforts.A True Turnkey Opportunity Where The Hard Work Has Already Been Done.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1633 sq. ft. Square Feet
Total Area:
1,633 sq. ft.
Retail Area:
1633 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
16.40 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
Garage:
Plaza
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
York
Vaughan
Patterson
Yes
Hot Water Tank
All Chattels And Equipment Are Included.
None
Utilities:
Available
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
11:00AM-10:00PM
Employees:
5
Chattels:
Yes
LLBO:
No
Seats:
56
Date Listed:
Aug 02, 2026
Original Price:
Previous Price:
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Listed by RE/MAX PREMIER INC.
Data was last updated August 3, 2026 at 12:15 AM (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.