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.

Forgot password Extend Verify Contact

1139 Lorne Park Road
Lorne Park Mississauga L5H 3A6

$2,750,000 /For Sale
Commercial

Main Photo: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
Photo 1: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
Photo 2: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
Photo 3: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
Photo 4: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
Photo 5: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
Photo 6: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12592558
Excellent Investment Opportunity to Own & Redevelop a Vacant Property In the Affluent and Highly Desirable Neighborhood of Lorne Park. Remediation on the Property Has Been Completed To Residential Use Standards. Plans Available for a Future Development.
Property Type:
Commercial
Property Sub Type:
Land
Freestanding:
Yes
Total Area:
28363 sq. ft. Square Feet
Total Area:
28,362.88 sq. ft.
Lot Depth:
202'5"
Lot Frontage:
108'3¼"
Water supply:
Municipal
Zoning:
C4-12 - Main Street Commercial
Heating type:
None
Garage:
None
Lot Irregularities:
Irregular lot
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$26,907.58 / 2025
Assessment:
$- / -
Peel
Mississauga
Lorne Park
No
None
No
Utilities:
Available
Sewers:
Sanitary Available
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Designated
Date Listed:
Dec 02, 2025
Original Price:
Previous Price:
  • Photo 1: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
    Photo 1 of 6
  • Photo 2: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
    Photo 2 of 6
  • Photo 3: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
    Photo 3 of 6
  • Photo 4: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
    Photo 4 of 6
  • Photo 5: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
    Photo 5 of 6
  • Photo 6: 1139 Lorne Park Road in Mississauga: Lorne Park Commercial for sale : MLS®# W12592558
    Photo 6 of 6
Listed by SHOWCASE REALTY MISSISSAUGA INC.
Data was last updated December 2, 2025 at 06:15 AM (UTC)
DARYL  KING
powered by myRealPage.com

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.