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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1 & 2 3200 Steeles Avenue W
Concord Vaughan L4K 3B8

$225,000 /For Sale
Commercial

Main Photo: 1 & 2 3200 Steeles Avenue W in Vaughan: Concord Commercial for sale : MLS®# N13125428
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13125428
Bus Major:
Restaurant
Fantastic opportunity to own a well-established Mediterranean restaurant with growing sales and a loyal mix of residential and business clientele. Turnkey operation in a high-exposure location surrounded by office buildings and residential high-rises, with easy access to major highways. Attractive lease of only $5,400/month including TMI. Weekly sales range from approximately $6,500-$10,000 (as per seller), with strong potential for further growth through catering and delivery services. Financial statements available upon accepted offer.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
2460 sq. ft. Square Feet
Total Area:
2,460 sq. ft.
Retail Area:
2460 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial - 475 Commercial Condominium
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
immediate
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Development Charges Paid:
No
Type Taxes:
TMI
Taxes:
$0 / 2025
Assessment:
$- / 2025
York
Vaughan
Concord
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
8:00am- 9:00pm 7 days a week
Employees:
4
Chattels:
Yes
LLBO:
No
Seats:
35
Date Listed:
May 14, 2026
Original Price:
Previous Price:
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Listed by BEST SELLERS REAL ESTATE LTD.
Data was last updated May 14, 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.