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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10123 Yonge Street
Crosby Richmond Hill L4C 1T7

$250,000 /For Sale
Commercial

Main Photo: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 1: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 2: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 3: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 4: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 5: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 6: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 7: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 8: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 9: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 10: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 11: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Photo 12: 10123 Yonge Street in Richmond Hill: Crosby Commercial for sale : MLS®# N13822266
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13822266
Bus Major:
Restaurant
Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1200 sq. ft. Sq Ft
Lot Depth:
14'2"
Lot Frontage:
5'2"
Water supply:
Municipal
Zoning:
COMMERCIAL
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
TMI
Taxes:
$20,855 / 2026
Assessment:
$- / 2025
York
Richmond Hill
Crosby
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
11 AM -7 PM
Employees:
2
Chattels:
Yes
LLBO:
Yes
Seats:
20
Date Listed:
Sep 24, 2026
Original Price:
Previous Price:
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Listed by CENTRAL HOME REALTY INC.
Data was last updated September 24, 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.