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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203 7 Eastvale Drive
Cedarwood Markham L3S 4N8

$799,900 /For Sale
Commercial

Main Photo: 203 7 Eastvale Drive in Markham: Cedarwood Commercial for sale : MLS®# N13628972
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13628972
Bus Major:
Professional Office
"PROFESSIONAL OFFICE PLACE FOR SALE"". Exceptional opportunity to own a fully updated professional office in a prime location at the Markham/Scarborough border, near Markham Rd. & Steeles Ave. E. Situated in a high-traffic, high-visibility commercial corridor, this move-in-ready unit offers excellent exposure and is ideal for a Mixed-Use wide range of professional uses, including lawyer, accounting, financial services, investment, mortgage, insurance, real estate, education, travel, consulting, and much more. This fully updated and move-in-ready unit offers a practical layout featuring a welcoming reception area, 7 spacious private rooms, a large boardroom, kitchenette and a private washroom. Newly painted, with nicely done, very presentable decor throughout. Located in a busy, well-established plaza with over 120 free surface parking spaces and 24-hour TTC service at the doorstep. This Plaza is currently Anchored by a doctor's office, dental clinic, pharmacy, physiotherapy clinic, real estate offices, travel agency, accounting, and computer college, generating consistent daily traffic. Conveniently located across from Canada Post, Amazon, major financial institutions, and close to Lowe's, No Frills, restaurants, and major banks. Excellent opportunity for owner-users or investors seeking a prestigious office location with exceptional accessibility and amenities.
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
No
Approx. Age:
16-30
Total Area:
1250 sq. ft. Square Feet
Total Area:
1,250 sq. ft.
Office/Apt Area:
1100 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
Office/Commercial
Heating type:
Gas Forced Air Open
Clear Height:
14'
Garage:
Outside/Surface
Parking Spaces:
120
Possession Details:
30/60/90/TBD
HST Applicable To Sale Price:
Included In
Development Charges Paid:
Yes
Type Taxes:
Annual
Taxes:
$3,792 / 2026
Assessment:
$- / -
York
Markham
Cedarwood
Public Transit, Recreation/Community Centre
Yes
N/A
Existing Furniture
None
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Property Management Company:
YRSCC 1151
Major Business Type:
Professional Office
Category:
Office
Chattels:
Yes
Date Listed:
Aug 01, 2026
Original Price:
Previous Price:
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Listed by RE/MAX REALTRON REALTY INC.
Data was last updated August 2, 2026 at 10:15 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.