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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177-181 Milvan Drive
Humber Summit Toronto M9L 1Z9

$14,000,000 /For Sale
Commercial

Main Photo: 177-181 Milvan Drive in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13046846
Photo 1: 177-181 Milvan Drive in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13046846
Photo 2: 177-181 Milvan Drive in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13046846
Photo 3: 177-181 Milvan Drive in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13046846
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13046846
Bus Major:
Warehouse
Freestanding industrial building totaling approximately 40,000 SF on 1.70 acres in a prime North York location. Currently configured with a retail component, offering ample power, 14'-20' clear height, and a mix of truck-level and drive-in shipping.Excellent access to Highways 400, 401 and 407. Situated in a strong industrial market with limited supply and consistent demand.Ideal for food production, manufacturing, warehousing or distribution users. Rare opportunity to acquire a freestanding asset in a highly sought-after industrial corridor.
Property Type:
Commercial
Property Sub Type:
Industrial
Freestanding:
Yes
Total Area:
40000 sq. ft. Square Feet
Total Area:
40,000 sq. ft.
Industrial Area:
90 sq. ft. %
Office/Apt Area:
10 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
E
Heating type:
Gas Forced Air Closed
Clear Height:
18'
Garage:
Outside/Surface
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$95,000 / 2026
Assessment:
$- / -
Toronto
Toronto W05
Humber Summit
Yes
None
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Warehouse
Category:
Free Standing
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
2
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
7
Date Listed:
Apr 27, 2026
Original Price:
Previous Price:
  • Photo 1: 177-181 Milvan Drive in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13046846
    Photo 1 of 3
  • Photo 2: 177-181 Milvan Drive in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13046846
    Photo 2 of 3
  • Photo 3: 177-181 Milvan Drive in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13046846
    Photo 3 of 3
Listed by VANGUARD REALTY BROKERAGE CORP.
Data was last updated May 2, 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.

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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.