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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120-121 7181 Yonge Street
Thornhill Markham L3T 0C7

$450,000 /For Sale
Commercial

Main Photo: 120-121 7181 Yonge Street in Markham: Thornhill Commercial for sale : MLS®# N13654120
Photo 1: 120-121 7181 Yonge Street in Markham: Thornhill Commercial for sale : MLS®# N13654120
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13654120
Bus Major:
Other
Ready To Start Your Business with AAA Location Prime Commercial Unit At Shops On Yonge. Busy Corner Unit On Main Level Next To 3 ways to Entrance Door And Elevator. Turn-Key Beauty Clinic, Currently Set-Up As Beauty Aesthetic & Laser Clinic in The Ground Floor. Renovated Flr & Lights and Water hooked up with sink in place. Total 760Sqft. Shopping Mall, Bank, Supermarket, Restaurants & Directly Connected To 4 High Rise Residential Towers, Offices & Hotel. Ample underground parking space for Owner, Tenants and Visitors. Perfect for Owner or Investor. Excellent Investment Opportunity!
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
760 sq. ft. Square Feet
Total Area:
760 sq. ft.
Retail Area:
760 sq. ft. Sq Ft
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Clear Height:
9'2"
Garage:
Plaza
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$7,385.85 / 2025
Assessment:
$- / -
York
Markham
Thornhill
Yes
None
No
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Condo Fee:
$988.26
Property Management Company:
Cross Bridge Property
Major Business Type:
Other
Category:
Commercial Condo
Franchise:
No
Days Open:
Open 6 Days
Employees:
3
Chattels:
No
LLBO:
No
Seats:
3
Date Listed:
Aug 08, 2026
Original Price:
Previous Price:
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Listed by REMAX YC REALTY
Data was last updated August 10, 2026 at 12:15 AM (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.