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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1127 Derry Road E
Northeast Mississauga L5T 1P3

$269,000 /For Sale
Commercial

Main Photo: 1127 Derry Road E in Mississauga: Northeast Commercial for sale : MLS®# W12642186
Photo 1: 1127 Derry Road E in Mississauga: Northeast Commercial for sale : MLS®# W12642186
Photo 2: 1127 Derry Road E in Mississauga: Northeast Commercial for sale : MLS®# W12642186
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12642186
Bus Major:
Home Improvement
Great opportunity to own a well-known high-end lighting and crystal chandelier business (including stock), called Pecaso Lighting. In business for over 30 years, this trusted name is known for quality, craftsmanship, and luxury designs. The retiring owner is prepared to personally train the buyer in all aspects of the business-from design and manufacturing to wholesale and retail operations. Specialties include expert crystal grading, diverse frame materials, and premium gold plating techniques. With decades of hands-on expertise, the owner's guidance ensures a smooth transition and positions the next buyer for long-term success. This is a turnkey business with excellent growth potential for anyone looking to start or expand in the luxury lighting market. Inventory, training, and business terms are flexible and can be discussed upon meeting.
Minimum Rental Term:
12
Maximum Rental Term:
60
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Retail Area:
40 sq. ft. %
Industrial Area:
60 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
M1-212
Heating type:
Gas Forced Air Closed
Clear Height:
14'
Garage:
Outside/Surface
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
TMI
Taxes:
$7.7 / 2025
Assessment:
$- / -
Peel
Mississauga
Northeast
Yes
None
No
No
Utilities:
Available
Energy Certification:
No
Air Conditioning:
Partial
Seller Property Info Statement:
No
Financial Statements:
No
Property Management Company:
Deveer Developments Ltd.
Major Business Type:
Home Improvement
Category:
Without Property
Franchise:
No
Days Open:
Varies
Hours Open:
11 am to 5 pm
Employees:
0
Chattels:
Yes
LLBO:
No
Outside Storage:
No
Seats:
0
Number of Truck Level Shipping Doors:
1
Height of Truck Level Shipping Doors:
10'
Width of Truck Level Shipping Doors:
8'
Date Listed:
Dec 19, 2025
Original Price:
Previous Price:
  • Photo 1: 1127 Derry Road E in Mississauga: Northeast Commercial for sale : MLS®# W12642186
    Photo 1 of 2
  • Photo 2: 1127 Derry Road E in Mississauga: Northeast Commercial for sale : MLS®# W12642186
    Photo 2 of 2
Listed by SPARK REALTY INC.
Data was last updated December 20, 2025 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.