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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131-133 3255 Highway 7 E
Buttonville Markham L3R 3P9

$948,000 /For Sale
Commercial

Main Photo: 131-133 3255 Highway 7 E in Markham: Buttonville Commercial for sale : MLS®# N13106416
Photo 1: 131-133 3255 Highway 7 E in Markham: Buttonville Commercial for sale : MLS®# N13106416
Photo 2: 131-133 3255 Highway 7 E in Markham: Buttonville Commercial for sale : MLS®# N13106416
Photo 3: 131-133 3255 Highway 7 E in Markham: Buttonville Commercial for sale : MLS®# N13106416
Photo 4: 131-133 3255 Highway 7 E in Markham: Buttonville Commercial for sale : MLS®# N13106416
Photo 5: 131-133 3255 Highway 7 E in Markham: Buttonville Commercial for sale : MLS®# N13106416
Photo 6: 131-133 3255 Highway 7 E in Markham: Buttonville Commercial for sale : MLS®# N13106416
Photo 7: 131-133 3255 Highway 7 E in Markham: Buttonville Commercial for sale : MLS®# N13106416
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13106416
Excellent Investment Opportunity At Prestigious First Markham Place! Prime Commercial Unit Featuring Two Stable Long-Term Tenant (131 & 131A & 133) Total Monthly Net Rent at $5000/month. Tenants Responsible For TMI, Providing Strong And Predictable Cash Flow For Investors. Outstanding 6.33% Cap Rate. Located In One Of Markham's Most Recognized And High Traffic Commercial Destinations With Over 170+ Retail Stores, Restaurants, Services & Food Court Vendors. Exceptional Exposure In A Busy Mixed-Use Commercial Hub Popular With Both Local & Regional Visitors. Conveniently Situated Along Highway 7 Between Woodbine Ave & Warden Ave With Quick Access To Hwy 404 & Hwy 407. Easily Accessible By YRT/Viva Transit Routes. Surrounded By Dense Residential Communities, Office Buildings, Hotels, Restaurants, Banks & Major Amenities. Excellent Long-Term Investment Potential In A Highly Desirable And Continuously Growing Markham Commercial Corridor.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
804 sq. ft. Square Feet
Total Area:
804 sq. ft.
Retail Area:
804 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial/Retail
Heating type:
Gas Forced Air Closed
Cooling:
Yes
Garage:
Plaza
Possession Details:
FLEXIBLE
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$11,633.27 / 2025
Assessment:
$- / -
York
Markham
Buttonville
Yes
Buyer to assume existing tenants. 131 & 131A currently paying total of $3200/month Plus TMI. 131 Lease at $1700/month until 30/04/2027 with 5 year renewal option and 131A until 31/12/2029 at monthly rent of $1650/month after 01/01/2027. 133 currently paying $1800/month plus TMI until 31/12/2027.
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$1,499.42
Category:
Retail
Date Listed:
May 09, 2026
Original Price:
Previous Price:
  • Photo 1: 131-133 3255 Highway 7 E in Markham: Buttonville Commercial for sale : MLS®# N13106416
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  • Photo 7: 131-133 3255 Highway 7 E in Markham: Buttonville Commercial for sale : MLS®# N13106416
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Listed by HOMELIFE LANDMARK RH REALTY
Data was last updated May 9, 2026 at 04:15 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.