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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Main Photo: 21 Wilbur Avenue in Scugog: Port Perry Commercial for sale : MLS®# E12543978
Photo 1: 21 Wilbur Avenue in Scugog: Port Perry Commercial for sale : MLS®# E12543978
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12543978
Bus Major:
Service Related
Situated just off the high-traffic intersection of Simcoe Street and Scugog Street, this beautifully maintained commercial property offers outstanding visibility and exposure in one of Port Perry's most prominent corridors. Following the successful amalgamation and relocation of the owners' thriving hair salon, this property is now move-in ready for an investor or entrepreneur with a vision to meet the needs of Port Perry's growing community-and to build upon the strong business success already established at this location. Positioned directly across from a busy Tim Hortons drive-through and three gas stations, the site benefits from a constant flow of local, commuter, and tourist traffic, creating an ideal environment for sustained business growth. Zoned C5-1, the property is perfectly suited for a professional office, retail business, or a range of other permitted commercial uses. Independent entrances to all three levels provide exceptional flexibility for multi-unit or mixed-use configurations. A bonus hidden attic space, accessed via stairs in the upper-level bathroom, offers additional untapped potential. The building's exterior charm and landscaped curb appeal reflect the character of Port Perry's quaint heritage homes, while its modernized interior provides the comfort, efficiency, and functionality today's businesses demand. The property includes eight on-site parking spaces, with the option to purchase the adjacent vacant lot (MLS E12543982 - 25 Wilbur Ave), previously used for overflow parking. Zoned C5, the additional lot presents a valuable opportunity for future expansion or investment diversification. Whether you're looking to establish a flagship location, relocate an existing business, or expand your investment portfolio, this property represents a rare opportunity to secure a high-profile commercial asset in one of Port Perry's busiest and most desirable locations. Floorplans and additional video under multimedia link.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
8116 sq. ft. Square Feet
Total Area:
8,116 sq. ft.
Retail Area:
2142 sq. ft. Sq Ft
Lot Depth:
92'10"
Lot Frontage:
73'6"
Lot Shape:
Irregular
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
C5-1
Heating type:
Propane Gas
Garage:
None
Parking Spaces:
8
Possession Details:
30/60/90 TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$12,984 / 2025
Assessment:
$- / -
Durham
Scugog
Port Perry
Major Highway, Public Transit
No
All light fixtures, window coverings, washer, dryer, front desk, alarm system, 2 hot water tanks, cabinet behind front desk, extra sink in upper bathroom, tv in upstairs salon room.
Mirrors to be removed except in bathrooms
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Service Related
Category:
Multi-Use
Date Listed:
Nov 14, 2025
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE FRANK REAL ESTATE
Data was last updated November 15, 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.