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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226-230 505 Highway 7 Avenue E
Commerce Valley Markham L3T 7T1

$799,000 /For Sale
Commercial

Main Photo: 226-230 505 Highway 7 Avenue E in Markham: Commerce Valley Commercial for sale : MLS®# N13837784
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13837784
Bus Major:
Other
Units 226, 228, 230 in Prime Location Commerce Gate, Hwy 7 & Leslie. Commercial Property For Sale, private office with high end leasehold improvement incl. Reception, offices & conference rooms. Ample parking on both surface & underground. 24 hrs security guard. Ideal for all professional offices, law, accountant, mortgage, show room, medical, real estate etc. Come check out Markham's most recognizable commercial hubs easily accessible by transit with space designed for growth, visibility, and client satisfaction.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
1565 sq. ft. Square Feet
Total Area:
1,565 sq. ft.
Retail Area:
1565 sq. ft. Sq Ft
Office/Apt Area:
1565 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet (Units: 226, 228, & 230)
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
Clear Height:
10'
Attached Garage:
Yes
Garage:
Underground
Possession Details:
ASAP
Lot Irregularities:
Units: 226, 228, & 230
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$7,365.35 / 2026
Assessment:
$- / -
York
Markham
Commerce Valley
Irregular Lot
Partial
Includes all Existing Furniture!
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$2,361.65
Major Business Type:
Other
Category:
Commercial Condo
Franchise:
No
Days Open:
Open 7 Days
Date Listed:
Sep 29, 2026
Original Price:
Previous Price:
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Listed by RE/MAX IMPERIAL REALTY INC.
Data was last updated September 29, 2026 at 04:15 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.