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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2 395 Red Maple Road
Langstaff Richmond Hill L4C 6P3

$198,800 /For Sale
Commercial

Main Photo: 2 395 Red Maple Road in Richmond Hill: Langstaff Commercial for sale : MLS®# N13865642
Photo 1: 2 395 Red Maple Road in Richmond Hill: Langstaff Commercial for sale : MLS®# N13865642
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13865642
Bus Major:
Automotive Related
Excellent opportunity to acquire an established, turnkey Automotive Service business in a prime Richmond Hill location near Yonge Street & 16th Avenue. This well-equipped operation offers oil change, tire service, and automotive repair services, making it an ideal opportunity for an experienced automotive professional or investor. The sale includes the business name, goodwill, established customer relationships, transferable client database where permitted, and all equipment required to continue operations. The approximately 1,600 sq. ft. facility plus one large mezzanine areas, 2 overhead garage doors, 1 man door, office, washroom. Extensive equipment includes one 10,000-lb hoist & one 9,000-lb hoist, tire machine, wheel balancer, compressor with hard-line air system, workbenches, shelving, transformers, oil disposal system, office furniture and supplies, plus additional machinery required for a turnkey automotive operation. Excellent location with high visibility and accessibility, minutes from Yonge Street, shopping, major amenities, and approximately a 10-minute walk to the GO Station. Current gross rent is approximately $3,955/month including TMI. A new 3-year lease is available for a qualified purchaser, with immediate possession possible. Seller represents that the business and equipment are free and clear of liens. A fantastic opportunity to step into an established automotive operation with existing infrastructure, equipment, and customer base. Business sale only.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Total Area:
1600 sq. ft. Square Feet
Total Area:
1,600 sq. ft.
Retail Area:
0 sq. ft. Sq Ft
Industrial Area:
1600 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Industry
Heating type:
Electric Forced Air
Garage:
Double Detached
Possession Details:
Flexible
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
York
Richmond Hill
Langstaff
Yes
Water & electricity is included.
Gas & Internet.
None
Utilities:
Available
Sewers:
Septic
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Automotive Related
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
9am-8pm
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Oct 06, 2026
Original Price:
Previous Price:
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Listed by RE/MAX REALTRON REALTY INC.
Data was last updated October 6, 2026 at 02:15 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.