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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Main Photo: 158 Main Street in Markham: Unionville Commercial for sale : MLS®# N13045998
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13045998
Prime corner commercial property located in the heart of historic Unionville, Markham, one of the GTA's most vibrant and pedestrian-friendly retail destinations. Surrounded by charming heritage buildings, boutique shops, and year-round foot traffic, this location offers outstanding exposure and visibility.Positioned on a premium corner lot, the property benefits from excellent street presence and strong pedestrian flow from multiple directions-ideal for businesses seeking maximum exposure.Zoned for a variety of commercial uses (buyer to verify), perfectly suited for café, boutique retail, or professional services. Please note: restaurant use is not permitted.Existing café permits already in place, with partial interior build-out completed-providing a significant head start and reducing setup time and costs for the next owner.A major highlight is the approved front patio, allowing for a beautifully designed outdoor seating area that will significantly enhance curb appeal, customer experience, and business potential.Opportunities on Main Street Unionville are extremely limited, with very few properties available for sale over the years. This is a rare chance to secure a high-exposure, flexible commercial asset in a tightly held and highly desirable location.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
7633 sq. ft. Square Feet
Total Area:
7,632.69 sq. ft.
Retail Area:
7633 sq. ft. Sq Ft
Lot Depth:
121'1"
Lot Frontage:
44'5"
Water supply:
Municipal
Zoning:
MU-HMS(U)
Heating type:
Gas Forced Air Open
Garage:
None
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$20,483 / 2025
Assessment:
$- / 2025
York
Markham
Unionville
Greenbelt/Conservation, Public Transit
No
None
None
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Multi-Use
Date Listed:
Apr 26, 2026
Original Price:
Previous Price:
  • Photo 1: 158 Main Street in Markham: Unionville Commercial for sale : MLS®# N13045998
    Photo 1 of 1
Listed by RE/MAX ELITE REAL ESTATE
Data was last updated April 27, 2026 at 12:15 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.