10601 Bathurst Street in Richmond Hill: Mill Pond Commercial for sale : MLS®# N13110056
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.
Positioned in the heart of Richmond Hill along a high-exposure corridor, 10601 Bathurst St presents a rare mixed-use investment opportunity on an expansive 0.88-acre lot. Zoned Neighborhood Mixed Use (NMU), the property supports a wide range of permitted uses including low-rise residential intensification, live-work configurations, and limited neighborhood-scale commercial applications .This versatile site is ideally suited for investors, developers, or end users seeking future growth potential. The zoning framework allows for multiple residential forms including duplexes, triplexes, fourplexes, townhouses, and apartment dwellings, along with secondary suites and garden suites (subject to approvals) . Provincial guidelines may permit up to three additional residential units, offering further density upside .The property is not currently impacted by conservation authority restrictions, simplifying the development pathway, while municipal services and strong surrounding growth trends support long-term value. With increasing intensification in the area and flexible zoning in place, this is a strategic acquisition for those looking to unlock redevelopment potential or establish a mixed-use presence in a thriving communityExceptional opportunity to own a versatile 5,500 sq. ft. building ideally suited for a wide range of commercial, professional office, live/work, wellness, or small business uses. This expansive building offers flexible interior space10601 Bathurst St presents a compelling opportunity for investors and builders alike, with documented past interest from builders exploring infill development potential. Situated on a desirable stretch of Bathurst Street, this property offers strong future upside, whether for redevelopment, land assembly, or as a strategic hold. The surrounding area continues to see growth and transformation, making this an attractive prospect for those looking to capitalizeon intensification opportunities in a high-demand corridor.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
38333 sq. ft. Acres
Total Area:
38,332.8 sq. ft.3,561 m2
Office/Apt Area:
5492 sq. ft. Sq Ft
Lot Depth:
289'4"88.2 m
Lot Frontage:
56'2"17.1 m
Water supply:
Municipal
Zoning:
NMU Neighbourhood Mixed Use
Heating type:
Gas Forced Air Closed
Garage:
Other
Possession Details:
30-60-90
Lot Irregularities:
289.32 ft x 124.13 ft x 234.04 ft x 68.3
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$13,715.76 /
2025
Assessment:
$- /
2025
York
Richmond Hill
Mill Pond
No
N/A
Two Fridges, two stoves, built in dishwasher, washer, dryer, existing electric light fixtures, window coverings, Furnace (2026), Hot water heater(2026), Roof 30 yr warranty installed 2011
• 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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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.