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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1 311 Cityview Boulevard
Vellore Village Vaughan L4H 3S7

$2,500,000 /For Sale
Commercial

Main Photo: 1 311 Cityview Boulevard in Vaughan: Vellore Village Commercial for sale : MLS®# N13033238
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13033238
An exceptional opportunity to acquire a modern, upscale health and wellness club in the heart of Vaughan. This well-established facility spans approximately 24,000 square feet and serves a strong and loyal base of 1,500 active members, offering immediate revenue and growth potential.Positioned as a premier fitness and lifestyle club, this Fitness centre has transformed into a high-end training environment featuring state-of-the-art cardio and strength equipment, Olympic lifting platforms, functional training zones, and fully equipped fitness studios. The club delivers a comprehensive wellness experience with amenities that include, Fully equipped gym for cardio and weight training, Group fitness and Pole Dancing studios, Personal training, Physiotherapy and wellness consultation services, smoothie bar and social lounge, Private changing facilities and dedicated training areas Designed with a modern, upscale aesthetic, the facility blends luxury, functionality, and a vibrant "Miami-inspired" atmosphere, creating a unique member experience that encourages both performance and community engagement. The business is backed by experienced fitness industry leadership with over 30 years of expertise, and is known for its strong community culture, premium service offering, and high-quality member experience. Investment Highlights include : 24,000 sq. ft. fully built-out facility , 1,500-member recurring revenue base, Prime Vaughan location in a high-growth market, Recently renovated with premium finishes and equipment, Multiple revenue streams (memberships, personal training, classes, retail) with room for more revenue streams, Turnkey operation with significant upside potential This is a rare opportunity to acquire a fully operational, high-end fitness club in one of the GTA's fastest-growing communities. Please DO NOT GO DIRECT. DO NOT SPEAK TO EMPLOYEES ABOUT SALE. DO NOT WALK THROUGH WITHOUT APPOINTMENT. FINANCIALS UPON REQUEST WITH CONFIDENTIALITY AGREEMENT.
Property Type:
Commercial
Property Sub Type:
Industrial
Freestanding:
No
Total Area:
23995 sq. ft. Square Feet
Total Area:
23,995 sq. ft.
Industrial Area:
0 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Em1
Heating type:
Gas Forced Air Open
Cooling:
Yes
Clear Height:
24'
Garage:
Outside/Surface
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
York
Vaughan
Vellore Village
Yes
No
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Category:
Multi-Unit
Franchise:
No
Days Open:
Open 7 Days
Chattels:
Yes
LLBO:
No
Number of Double Man Shipping Doors:
1
Number of Drive-In Level Shipping Doors:
2
Number of Grade Level Shipping Doors:
1
Number of Truck Level Shipping Doors:
2
Date Listed:
Apr 23, 2026
Original Price:
Previous Price:
  • Photo 1: 1 311 Cityview Boulevard in Vaughan: Vellore Village Commercial for sale : MLS®# N13033238
    Photo 1 of 1
Listed by RE/MAX METROPOLIS REALTY
Data was last updated April 25, 2026 at 04:15 PM (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.