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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13 50 Anderson Avenue
Greensborough Markham L6E 1A6

$1 /For Sale
Commercial

Main Photo: 13 50 Anderson Avenue in Markham: Greensborough Commercial for sale : MLS®# N13842288
Photo 1: 13 50 Anderson Avenue in Markham: Greensborough Commercial for sale : MLS®# N13842288
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13842288
Bus Major:
Day Care
Excellent opportunity to acquire an established and fully renovated Islamic school serving the Markham community for the past 4 years. Operating under the Ontario curriculum and supported by Ontario Certified Teachers (OCT), the school provides a comprehensive academic program including Literacy, Math, Science, Social Studies, Gym and Art, complemented by daily Islamic Studies and Arabic language instruction. Currently employee-operated, this turnkey school presents an excellent opportunity for an owner-operator to enhance profitability and growth. Current enrollment is approximately 20 students, with significant potential to increase enrollment to approximately 50 students. Students are already registered for the current school year, providing continuity for the incoming operator. Convenient 5-day operation with shorter school hours. The professionally renovated facility features newer carpeting, 3 classrooms, a spacious open area, 3 washrooms, dedicated Wudu stations, storage and staff break area. Currently operated with 3 full-time and 3 part-time staff. Lease terms of 5 years + 5-year option to be negotiated. Current rent is approximately $5,500/month including TMI. Rare education zoning makes this a unique opportunity in Markham. Ideal for an experienced education operator, school administrator, or qualified owner-operator looking to build upon an established operation and growing student base. Seller may also consider a partnership with the right candidate. Please do not visit during school hours. Showings strictly by appointment only. Motivated Seller - bring your offer!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
3500 sq. ft. Square Feet
Total Area:
3,500 sq. ft.
Retail Area:
3500 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
3.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
York
Markham
Greensborough
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
Islamic Academy of Markham
Major Business Type:
Day Care
Category:
Without Property
Franchise:
No
Days Open:
Open 5 Days
Hours Open:
8:45am-3:30pm
Employees:
6
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Sep 30, 2026
Original Price:
Previous Price:
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Listed by HOMELIFE/BAYVIEW REALTY INC.
Data was last updated September 30, 2026 at 06:15 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.