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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115 Main Street S

Georgetown Halton Hills L7G 3H5

$3,750,000 /For Sale

Commercial

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• Details
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

W12886488

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This well-maintained, three-level landmark building presents an exceptional investment opportunity in one of Georgetown's most desirable commercial corridors. This unique, fully renovated property is ideally located in the heart of Downtown Georgetown and offers outstanding corner exposure with consistent high pedestrian and vehicle traffic. The building showcases a high standard of craftsmanship while thoughtfully preserving the historic charm and character of the original "Ivy House" building. Extensive renovations have modernized the interior spaces while maintaining the architectural appeal that makes this property a recognizable and respected local landmark. Positioned in a prime location, the property is surrounded by major banks, popular restaurants, boutique retail, professional offices, apartments, and a wide range of local amenities that drive steady foot traffic throughout the day. The building is fully tenanted with excellent, respectful tenants, including Co-operators Insurance as the anchor tenant, providing strong and stable income for investors. Each unit has been tastefully updated and maintained, offering functional layouts suitable for a variety of professional and commercial uses. The property also benefits from ample on-site parking, an increasingly valuable feature in the downtown core. Conveniently located just steps from the Georgetown Library and the John Elliott Theatre, the building also offers easy access to public transit, including the Georgetown GO Station, making it highly accessible for tenants, employees, and clients alike. With its combination of historic character, modern upgrades, prime downtown location, and reliable tenancy, this distinguished property represents a rare opportunity for investors seeking a stable, income-producing asset in a thriving community.

General Info:

Property Type:

Commercial

Property Sub Type:

Commercial Retail

Freestanding:

Yes

Approx. Age:

100+

Total Area:

5230 sq. ft. Square Feet

Total Area:

5,230 sq. ft.486 m2

Retail Area:

1250 sq. ft. Sq Ft

Office/Apt Area:

3880 sq. ft. Sq Ft

Lot Depth:

132'40.2 m

Lot Frontage:

66'20.1 m

Water supply:

Municipal

Zoning:

DC1

Additional Info:

Heating type:

Gas Forced Air Closed

Garage:

None

Parking Spaces:

12

Possession Details:

TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Type Taxes:

Annual

Taxes:

$18,584 / 2025

Assessment:

$- / -

County:

Halton

Listing Area:

Halton Hills

Listing Sub-Area:

Georgetown

Security Features:

No

Elevator:

None

Other Details:

Utilities:

Yes

Sewers:

Sanitary+Storm

Air Conditioning:

Yes

Seller Property Info Statement:

No

Business Info:

Category:

Retail

Listing Info:

Date Listed:

Mar 16, 2026

Original Price:

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Previous Price:

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Listed by Coldwell Banker Elevate Realty

Data was last updated April 14, 2026 at 07:15 PM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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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.

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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.