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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229 7181 Yonge Street
Grandview Markham L3T 0C7

$89,900 /For Sale
Commercial

Main Photo: 229 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N12731974
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12731974
Prime commercial opportunity in the highly sought-after World on Yonge complex in the heart of Thornhill. This 312 sq. ft. unit offers exceptional visibility, fronting directly onto busy Yonge Street with high pedestrian and vehicle traffic. Located in one of the largest and most active indoor malls in the area, the space is ideal for owner-users or investors looking for long-term value in a thriving commercial hub. Surrounded by retail, offices, residential condos, banks, and restaurants, and just steps to public transit and major highways, this unit provides unmatched convenience and exposure. A rare opportunity in a well-established location with strong foot traffic and steady demand.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
312 sq. ft. Square Feet
Total Area:
312 sq. ft.
Retail Area:
312 sq. ft. Sq Ft
Water supply:
Municipal
Zoning:
HC1
Heating type:
Gas Forced Air Open
Garage:
Underground
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$1,620.25 / 2025
Assessment:
$- / -
York
Markham
Grandview
Yes
Public
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Commercial Condo
Date Listed:
Jan 27, 2026
Original Price:
Previous Price:
  • Photo 1: 229 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N12731974
    Photo 1 of 1
Listed by RE/MAX HALLMARK REALTY LTD.
Data was last updated January 27, 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.