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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212 50 Steeles Ave Avenue E
1035 - OM Old Milton Milton L9T 4W9

$299,900 /For Sale
Commercial

Main Photo: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Photo 1: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Photo 2: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Photo 3: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Photo 4: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Photo 5: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Photo 6: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Photo 7: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Photo 8: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Photo 9: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Photo 10: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12974186
Excellent opportunity to acquire a professional office unit in Milton's highly sought-after 401 Business Park. Strategically located near Steeles Ave E & Martin St, this second-floor unit offers a functional, move-in-ready layout suitable for a wide range of uses, including professional offices, consulting services, tutoring or educational centers as well as medical or wellness practices. Convenient access to Highway 401 (approximately 5-7 minutes) allows for seamless connectivity throughout the GTA, making it an ideal location for both clients and employees. The property is surrounded by established businesses and ongoing commercial growth, providing strong potential for both end users and investors. The unit offers flexible possession and ample on-site parking, ensuring ease of operation and accessibility. A fantastic opportunity to establish or expand your business in one of Milton's most in-demand commercial hubs.
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
No
Total Area:
740 sq. ft. Square Feet
Total Area:
740 sq. ft.
Office/Apt Area:
740 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
M1
Heating type:
Electric Forced Air
Garage:
Outside/Surface
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$2,888.8 / 2026
Assessment:
$- / -
Halton
Milton
1035 - OM Old Milton
Yes
Public
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$508.5
Category:
Office
Date Listed:
Apr 09, 2026
Original Price:
Previous Price:
  • Photo 1: 212 50 Steeles Ave Avenue E in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12974186
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Listed by ZIVASA
Data was last updated April 9, 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.