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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111 7163 Yonge Street
Grandview Markham L3T 0C6

$949,000 /For Sale
Commercial

Main Photo: 111 7163 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13704656
Photo 1: 111 7163 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13704656
Photo 2: 111 7163 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13704656
Photo 3: 111 7163 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13704656
Photo 4: 111 7163 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13704656
Photo 5: 111 7163 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13704656
Photo 6: 111 7163 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13704656
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13704656
Fantastic opportunity for investment on World On Yonge! Ground floor with two entrances: From main Shopping Centre & from Yonge st. Amazing retail visibility from Yonge street. One Of The best retail location in the complex, Conveniently Located Next To RBC Bank. Multi use complex w/ 4 residential towers, hotel, offices, supermarket & food court. Close to public transit and future subway extension. Ready to open your business. **EXTRAS** all elf's, all window coverings, 2 pieces washroom
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Approx. Age:
6-15
Total Area:
890 sq. ft. Square Feet
Total Area:
890 sq. ft.
Retail Area:
890 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Underground
Possession Details:
Flexible
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$11,601 / 2026
Assessment:
$- / -
York
Markham
Grandview
Public Transit
Yes
Public
Utilities:
Yes
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$1,175
Category:
Retail
Date Listed:
Aug 23, 2026
Original Price:
Previous Price:
  • Photo 1: 111 7163 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13704656
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Listed by RE/MAX EXCEL REALTY LTD.
Data was last updated August 23, 2026 at 07:15 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.