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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1550 16TH Avenue
Beaver Creek Business Park Richmond Hill L4B 3K9

$159,900 /For Sale
Commercial

Main Photo: 1550 16TH Avenue in Richmond Hill: Beaver Creek Business Park Commercial for sale : MLS®# N12770342
Photo 1: 1550 16TH Avenue in Richmond Hill: Beaver Creek Business Park Commercial for sale : MLS®# N12770342
Photo 2: 1550 16TH Avenue in Richmond Hill: Beaver Creek Business Park Commercial for sale : MLS®# N12770342
Photo 3: 1550 16TH Avenue in Richmond Hill: Beaver Creek Business Park Commercial for sale : MLS®# N12770342
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12770342
Bus Major:
Bakery
NEWLY OPENED FULL SERVICE BAKERY ONE AND A HALF YEAR AGO. FULLY EQUIPPED FULL PRODUTION BAKERY LOCATED IN RICHMOND HILL. APPROX 1243 SQUARE FEET WITH RETAIL FRONT AND REAR FULL PRODUCTION BAKERY KITCHEN COMPLETE WITH OVENS, MIXERS, REFRIDGERATION AND ALL INCIDENTALS. NEWLY BUILT WITH ALL BRAND NEW SAFETY CERTIFIED BAKERY EQUIPMENT. THIS LOCATION CAN BE CONVERTED TO ANY TYPE OF BAKERY TO SUPPLY THEIR COMMUNITIES FOR BANQUETS, FESTIVALS, WEDDINGS, BIRTHDAYS AND ALL TYPES OF CLELBRATIONS NEEDING BAKERY PRODUCTS. ALSO COULD BE USED A COMMERCIAL/WHOLESALE FACILITY FOR BAKED GOODS.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1243 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
COMMERCIAL
Heating type:
Gas Forced Air Closed
Garage:
None
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
York
Richmond Hill
Beaver Creek Business Park
NONE
LIST OF EUIPMENT AND CHATTELS AVAILABLE
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Financial Statements:
No
Major Business Type:
Bakery
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
11-7
Employees:
2
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Feb 09, 2026
Original Price:
Previous Price:
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Listed by CENTURY 21 LEADING EDGE REALTY INC.
Data was last updated February 10, 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.