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 3621 Highway 7
Unionville Markham L3R 0G6

$199,900 /For Sale
Commercial

Main Photo: 120 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N13212192
Photo 1: 120 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N13212192
Photo 2: 120 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N13212192
Photo 3: 120 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N13212192
Photo 4: 120 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N13212192
Photo 5: 120 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N13212192
Photo 6: 120 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N13212192
Photo 7: 120 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N13212192
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13212192
Bus Major:
Bakery
Sale Of Business Only. Two Stores sell for ONE PRICE!! Rare Opportunity To Acquire Two Established And Fully Equipped Bakery/cafe Locations Being Sold Together - One In Prime Downtown Markham At Busy Warden & Highway 7, And The Other, The Cake Factory, In The High-traffic Midland & Sheppard Area.The Downtown Markham Location Is Surrounded By High-rise Condominiums, Retail Shops, Offices, Schools, And Constant Foot Traffic, Adjacent To The Hilton Suites Hotel And Steps To Markham Town Centre. With Over 2,000 Newly Built And Upcoming Condo Units Nearby, The Area Offers Strong And Growing Residential Density. Excellent Street Exposure, Ample Underground And Surface Parking, Affordable Rent For The Area, And A Clean, Efficient Layout. Well-established With Strong Profits And Loyal Clientele, Ideal For Takeout And Delivery With All Major Apps In Place.The Cake Factory At Midland & Sheppard Is Located In Another Busy And Established Commercial Corridor With Strong Neighbourhood Demand And Steady Traffic. Fully Equipped And Operating.Perfect Opportunity For Owner-operators Or Entrepreneurs Looking To Expand With Two Turnkey, Income-generating Locations In Highly Desirable Areas. Don't Miss This Chance To Secure A Growing Bakery/cafe Business Portfolio.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
645 sq. ft. Square Feet
Total Area:
645 sq. ft.
Retail Area:
645 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Plaza
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
York
Markham
Unionville
Major Highway, Public Transit
All Chattel And Equipment Are Included.
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Bakery
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11AM-9PM
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
8
Date Listed:
May 29, 2026
Original Price:
Previous Price:
  • Photo 1: 120 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N13212192
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Listed by EXP REALTY
Data was last updated June 13, 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.