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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15954 Airport Road N
Caledon East Caledon L7C 1K5

$1,499,000 /For Sale
Commercial

Main Photo: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
Photo 1: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
Photo 2: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
Photo 3: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
Photo 4: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
Photo 5: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
Photo 6: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
Photo 7: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
Photo 8: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
Photo 9: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13704160
Bus Major:
Hospitality/Food Related
Once-in-a-lifetime opportunity in the heart of Caledon East! Prime high-visibility corner location with direct access from Airport Rd, surrounded by shopping centres, schools, medical offices, banks, conservation areas, and the Caledon East Community Complex, delivering constant traffic and maximum exposure. Well-established pizzeria with over 14 years of proven success and a strong, loyal customer base. Located in one of Caledon East's most desirable and growing communities, this thriving business benefits from continued residential development and increasing demand throughout the area. A highly desirable live/work setup with 1100 sq ft retail / commercial space and 700 sq ft residential space upstairs. Ideal for owner-operators, investors, or entrepreneurs looking to expand an existing operation. This exceptional opportunity offers strong income potential today while also providing future possibilities for renovation, expansion, enhancement, or redevelopment. With the current owners are retiring after many successful years in business, this presents a rare opportunity to establish your own business in a prime location with an established commercial presence, strong visibility and continued growth in the surrounding community-an exceptional investment opportunity in one of Caledon East's most sought-after commercial hubs.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
1800 sq. ft. Square Feet
Total Area:
1,800 sq. ft.
Retail Area:
1100 sq. ft. Sq Ft
Lot Depth:
123'
Lot Frontage:
30'
Lot Shape:
Rectangular
Bathrooms:
1.0
Water supply:
Municipal
Soil Test:
No
Zoning:
CV
Heating type:
Gas Forced Air Closed
Survey Available:
No
Garage:
None
Parking Spaces:
5
Possession Details:
To be adjusted
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$8,000 / 2026
Assessment:
$- / -
Peel
Caledon
Caledon East
Greenbelt/Conservation, Major Highway
No
None
Utilities:
Yes
Sewers:
Sanitary+Storm Available
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Financial Statements:
No
Business/Building Name:
Pizza Express and Wings
Major Business Type:
Hospitality/Food Related
Category:
Retail
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11am to 9pm
Employees:
2
Chattels:
Yes
LLBO:
No
Outside Storage:
Yes
Seats:
16
Date Listed:
Aug 22, 2026
Original Price:
Previous Price:
  • Photo 1: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
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  • Photo 9: 15954 Airport Road N in Caledon: Caledon East Commercial for sale : MLS®# W13704160
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Listed by RE/MAX CHAMPIONS REALTY INC.
Data was last updated August 23, 2026 at 01:15 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.

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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.