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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200 Springhead Gardens
North Richvale York L4C 5C8

$189,999 /For Sale
Commercial

Main Photo: 200 Springhead Gardens in York: North Richvale Commercial for sale (Richmond Hill)  : MLS®# N12258126
Photo 1: 200 Springhead Gardens in York: North Richvale Commercial for sale (Richmond Hill)  : MLS®# N12258126
Photo 2: 200 Springhead Gardens in York: North Richvale Commercial for sale (Richmond Hill)  : MLS®# N12258126
Photo 3: 200 Springhead Gardens in York: North Richvale Commercial for sale (Richmond Hill)  : MLS®# N12258126
Photo 4: 200 Springhead Gardens in York: North Richvale Commercial for sale (Richmond Hill)  : MLS®# N12258126
Photo 5: 200 Springhead Gardens in York: North Richvale Commercial for sale (Richmond Hill)  : MLS®# N12258126
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12258126
Bus Major:
Convenience/Variety
Location, Location, Location! Discover this turn-key, profitable convenience store in a high-demand Richmond Hill neighborhood near Yonge St. & 16th Ave. Situated in a free-standing building with ample parking, this store is perfectly positioned in a family-friendly residential area near a school, ensuring steady foot traffic and consistent sales. Offering 1,800 sq ft of well-organized retail space, the store features 8 walk-in cooler doors, 4 additional drinks coolers, and 6 ice cream freezers to support a wide product selection. The store has huge exposure to Yonge Street traffic with multiple revenue streams including lottery, cigarettes, groceries, U-Haul rentals, wine & beer sales, parcel services, prepaid phone cards, and more. **EXTRAS** Energy efficient lighting, new cigarette case, upgraded camera system, brand-new cash register. Chattels list available upon request. Rent: $3110/month plus TMI. The business has been successfully operating for decades, with excellent community presence and customer loyalty. Opportunities for additional revenue streams include Western Union, ATM, prepared foods, propane refill, and expanded delivery services. Whether you are an experienced operator or looking to enter the industry, this well-established store offers a stable income with room for growth in a prime location. Don't miss this rare opportunity!
Percent of Building:
100
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Total Area:
1800 sq. ft. Square Feet
Total Area:
1,800 sq. ft.
Retail Area:
1800 sq. ft. Sq Ft
Depth:
155'
Frontage:
66'3½"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
C
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
Possession on closing
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$0 / 2024
Assessment:
$- / 2024
Richmond Hill
North Richvale
York
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Financial Statements:
Yes
Business/Building Name:
Xsell Convenience
Major Business Type:
Convenience/Variety
Category:
Without Property
Franchise:
No
Hours Open:
Mon-Fri: 8AM to 9PM, Sat: 8:30AM to 8:30PM, Sun: 9:00AM to 8:00 PM
Employees:
2
Chattels:
Yes
LLBO:
Yes
Seats:
0
Date Listed:
Jul 03, 2025
Original Price:
Previous Price:
  • Photo 1: 200 Springhead Gardens in York: North Richvale Commercial for sale (Richmond Hill)  : MLS®# N12258126
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  • Photo 2: 200 Springhead Gardens in York: North Richvale Commercial for sale (Richmond Hill)  : MLS®# N12258126
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  • Photo 5: 200 Springhead Gardens in York: North Richvale Commercial for sale (Richmond Hill)  : MLS®# N12258126
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Listed by EXP REALTY
Data was last updated July 4, 2025 at 06:15 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.

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.