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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17-25 Alexander Road
Gorham-College Manor Newmarket L3Y 3J2

$2,499,800 /For Sale
Commercial

Main Photo: 17-25 Alexander Road in Newmarket: Gorham-College Manor Commercial for sale : MLS®# N13496788
Photo 1: 17-25 Alexander Road in Newmarket: Gorham-College Manor Commercial for sale : MLS®# N13496788
Photo 2: 17-25 Alexander Road in Newmarket: Gorham-College Manor Commercial for sale : MLS®# N13496788
Photo 3: 17-25 Alexander Road in Newmarket: Gorham-College Manor Commercial for sale : MLS®# N13496788
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13496788
Bus Major:
Car Wash
PRICED TO SELL !! Rare Multi-Use Investment Opportunity in Prime York Region. Unlock the potential of this unique income-generating property located in a high-traffic, high-demand area of York Region. A true multi-stream investment with diverse uses and solid upside:7-Bay Coin Car Wash - Includes 2 oversized truck bays for increased revenue. Leased Laundromat - Stable income with hands-off management. Leased Restaurant Unit - Long-term commercial tenant in place5 Residential Apartments - Fully rented 1-bedroom units. Auto Detailing & Storage Bays - Great opportunity for additional passive income. This property offers a rare mix of residential and commercial revenue streams, with room for someone to come in, refresh the site, and elevate it. A little vision could go a long way. Strategically located near major routes, commercial activity, and residential neighbourhoods - an ideal setup for seasoned investors or business-minded buyers especially with future possibilities of growth. Seller is motivated - serious inquiries only, with proof of financial capability. Don't miss your chance to acquire this one-of-a-kind asset
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1300 sq. ft. Sq Ft
Industrial Area:
3686 sq. ft. Sq Ft
Office/Apt Area:
2538 sq. ft. Sq Ft
Lot Depth:
140'11"
Lot Frontage:
137'4½"
Lot Shape:
Square
Water supply:
Municipal
Zoning:
CS-SERVICE COMMERCIAL
Heating type:
Gas Forced Air Closed
Garage:
Other
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$17,206.15 / 2025
Assessment:
$- / -
York
Newmarket
Gorham-College Manor
Major Highway, Public Transit
Yes
Hot Water Tank.
See Schedule "C"
Tenant Belongings in restaurant, laundry and residential units and any equipment in detailing bay.
None
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Car Wash
Category:
With Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
0
Employees:
0
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Jun 27, 2026
Original Price:
Previous Price:
  • Photo 1: 17-25 Alexander Road in Newmarket: Gorham-College Manor Commercial for sale : MLS®# N13496788
    Photo 1 of 3
  • Photo 2: 17-25 Alexander Road in Newmarket: Gorham-College Manor Commercial for sale : MLS®# N13496788
    Photo 2 of 3
  • Photo 3: 17-25 Alexander Road in Newmarket: Gorham-College Manor Commercial for sale : MLS®# N13496788
    Photo 3 of 3
Listed by ANALYST REALTY INC.
Data was last updated June 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.