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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225 16th Avenue
Langstaff Richmond Hill L4C 7A6

$4,088,000 /For Sale
Commercial

Main Photo: 225 16th Avenue in Richmond Hill: Langstaff Commercial for sale : MLS®# N13587886
Photo 1: 225 16th Avenue in Richmond Hill: Langstaff Commercial for sale : MLS®# N13587886
Photo 2: 225 16th Avenue in Richmond Hill: Langstaff Commercial for sale : MLS®# N13587886
Photo 3: 225 16th Avenue in Richmond Hill: Langstaff Commercial for sale : MLS®# N13587886
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13587886
Bus Major:
Residential
RARE DEVELOPMENT Opportunity on an approximately 100'x 300' lot (Aprox area 30,000 Sq ft) with Split R1/R6 Zoning. Property ideal for builders, developers, and land investors seeking future development or severance potential. Existing dwelling is being sold in "as is, where is" condition. Buyer to verify all zoning, permitted uses, lot creation, redevelopment potential, servicing capacity, and municipal approvals independently. Survey, Zoning information, andother due diligence materials to be provided if available. Note similar properties on both sides Developed the existing townhome complexes. Relevant Development documents and correspondence with the town and TRCA etc. on file. Survey on file (2018. A rare opportunity to acquire a premium-sized parcel in one of Richmond Hill''s most desirable and evolving neighbourhoods. Please Do not enter the property without a confirmed showing.
Property Type:
Commercial
Property Sub Type:
Land
Total Area:
30000 sq. ft. Square Feet
Total Area:
30,000 sq. ft.
Lot Depth:
300'
Lot Frontage:
100'
Water supply:
Municipal
Zoning:
Split Rl and R6
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$12,000 / 2026
Assessment:
$- / -
York
Richmond Hill
Langstaff
Existing detached home provides holding income while future development options are explored. Property is located in desirable Langstaff Area. Relevant Documents and correspondence with the town and TRCA on file, Survey on file (2018).
Utilities:
Yes
Sewers:
Sanitary+Storm
Seller Property Info Statement:
No
Major Business Type:
Residential
Category:
Raw (Outside Off Plan)
Date Listed:
Jul 21, 2026
Original Price:
Previous Price:
  • Photo 1: 225 16th Avenue in Richmond Hill: Langstaff Commercial for sale : MLS®# N13587886
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  • Photo 2: 225 16th Avenue in Richmond Hill: Langstaff Commercial for sale : MLS®# N13587886
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  • Photo 3: 225 16th Avenue in Richmond Hill: Langstaff Commercial for sale : MLS®# N13587886
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Listed by REMAX YOUR COMMUNITY REALTY
Data was last updated July 21, 2026 at 06:15 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.