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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110-114 Norfinch Drive
Black Creek Toronto M3N 1X1

$43,990,000 /For Sale
Commercial

Main Photo: 110-114 Norfinch Drive in Toronto: Black Creek Commercial for sale (Toronto W05)  : MLS®# W12731798
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12731798
Attractive multi-tenant industrial investment opportunity in a highly sought-after location with prominent Highway 400 frontage and excellent exposure. The property is anchored by long-term tenants providing stable in-place income, with additional upside through lease-up of vacant space and rent rate growth as existing leases expire. Strategically positioned with close proximity to all major GTA highways and Pearson International Airport, the asset is ideally suited for logistics, distribution, and light manufacturing, offering investors durable cashflow today with strong long-term growth potential. The building at 110 Norfinch Drive comprises 60,366 sq. ft. with 9 truck-level doors and 2 drive-in doors while 114 Norfinch Drive comprises 69,924 sq. ft. with 12 truck level doors and 1 drive-in door, for a combined total area of 139, 290 sq. ft.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
130290 sq. ft. Square Feet
Total Area:
2.99 acre(s)
Industrial Area:
90 sq. ft. %
Office/Apt Area:
10 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
E1.0
Heating type:
Gas Forced Air Open
Clear Height:
18'
Garage:
Outside/Surface
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$193,339.3 / 2025
Assessment:
$- / -
Toronto
Toronto W05
Black Creek
Yes
None
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Industrial
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
3
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
21
Date Listed:
Jan 27, 2026
Original Price:
Previous Price:
  • Photo 1: 110-114 Norfinch Drive in Toronto: Black Creek Commercial for sale (Toronto W05)  : MLS®# W12731798
    Photo 1 of 1
Listed by COLLIERS
Data was last updated January 27, 2026 at 05:15 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.