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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14B 1211 Kingston Road
Town Centre Pickering L1V 6M5

$169,000 /For Sale
Commercial

Main Photo: 14B 1211 Kingston Road in Pickering: Town Centre Commercial for sale : MLS®# E13655724
Photo 1: 14B 1211 Kingston Road in Pickering: Town Centre Commercial for sale : MLS®# E13655724
Photo 2: 14B 1211 Kingston Road in Pickering: Town Centre Commercial for sale : MLS®# E13655724
Photo 3: 14B 1211 Kingston Road in Pickering: Town Centre Commercial for sale : MLS®# E13655724
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13655724
Bus Major:
Restaurant
Excellent opportunity in a high-visibility location on busy Kingston Road with convenient access to Highway 401 via Liverpool Road or Whites Road. Situated in a busy plaza alongside established businesses, offering great exposure, easy customer access and plenty of parking. The restaurant features a fully equipped commercial kitchen and is ready for a new operator to bring their concept to life. A major advantage is the low rent, which includes TMI and water. The unit also features two washrooms. There is an option to add the adjoining second unit to expand the seating area or continue using the additional space as a private party/event room, as it is currently set up. Great flexibility for private functions, catering and future expansion. Gross rent is $3,250/month + HST, including water. Current lease term is from February 2025 to January 2030, with an additional 5-year renewal option. January 2030, with an additional 5-year renewal option. Adjoining unit is currently operating as a private event/party room and is available for purchase at an additional cost. Buyer may purchase both units together for additional space and expansion.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
950 sq. ft. Square Feet
Total Area:
950 sq. ft.
Retail Area:
40 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
R3
Heating type:
Gas Forced Air Open
Clear Height:
12'
Garage:
Outside/Surface
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
Durham
Pickering
Town Centre
No
All existing restaurant equipment, fixtures and chattels currently on the premises, as available and agreed upon. Final list to be confirmed prior to acceptance of an offer.
None
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
11.30 am- 11 pm, Open Mon, Wed, Thu, Fri, Sat, Sun
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
20
Date Listed:
Aug 09, 2026
Original Price:
Previous Price:
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Listed by HOMELIFE/FUTURE REALTY INC.
Data was last updated August 9, 2026 at 09:15 PM (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.