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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1248 Main Street E
1029 - DE Dempsey Milton L9T 8M7

$79,000 /For Sale
Commercial

Main Photo: 1248 Main Street E in Milton: 1029 - DE Dempsey Commercial for sale : MLS®# W12764568
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12764568
Bus Major:
Entertainment
Rare opportunity to own a well established, fully operational cannabis retail store with a strong, loyal customer base and excellent growth potential. This ready to operate cannabis store is ideally located in a prominent corner unit in a prime commercial area, with convenient access to the 401 and nearby amenities. Ample parking ensures a convenient experience for customers. The store has been thoughtfully upgraded with thousands invested in premium improvements, including custom fixtures, sleek modern finishes, and advanced surveillance systems, all designed to ensure a safe, secure, and welcoming environment for both customers and staff. Inventory and products are not included, giving the new owner full flexibility to stock according to their own strategy. The business is fully equipped and licensed, allowing a smooth transition into ownership. With a proven track record, loyal clientele, and a prime location, this is a unique opportunity for anyone looking to enter or expand in the thriving cannabis retail market!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
800 sq. ft. Sq Ft
Lot Depth:
68'5"
Lot Frontage:
24'7"
Water supply:
Municipal
Zoning:
PK BELT
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$8,948 / 2025
Assessment:
$- / 2025
Halton
Milton
1029 - DE Dempsey
Electrical light fixtures, shelves and displays, accessories, security and surveillance systems.
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Entertainment
Category:
Without Property
Franchise:
No
Hours Open:
11-9
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Feb 06, 2026
Original Price:
Previous Price:
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Listed by SAM MCDADI REAL ESTATE INC.
Data was last updated February 7, 2026 at 03:15 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.

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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.