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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247 7181 Yonge Street
Grandview Markham L3T 0C7

$499,000 /For Sale
Commercial

Main Photo: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
Photo 1: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
Photo 2: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
Photo 3: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
Photo 4: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
Photo 5: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13632056
Bus Major:
Hospitality/Food Related
Exceptional Exposure At Yonge & Steeles! This Premium ~551 SF Food Court Outlet Is Located In A High-Volume Mall Environment Directing Massive Daily Foot Traffic From On-Site Offices, Concentrated Residential Condos, And Hotel Stays. Features A Fully Equipped & Configured Kitchen Station Ready To Operate Day One. Vibrant Commercial Centre Offering A Supermarket, Major Anchors, & Abundant Underground Visitor Parking. Strategically Positioned Near Transit Lines & Future Subway Extension. Excellent Turnkey Set Up To Launch Or Grow Your Brand!
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
551 sq. ft. Square Feet
Total Area:
551 sq. ft.
Retail Area:
380 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
Clear Height:
20'
Attached Garage:
Yes
Garage:
Underground
Possession Details:
Flex
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$7,230.33 / 2025
Assessment:
$- / -
York
Markham
Grandview
Major Highway, Public Transit
Yes
Public
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Hospitality/Food Related
Category:
Retail
Date Listed:
Aug 04, 2026
Original Price:
Previous Price:
  • Photo 1: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
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  • Photo 2: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
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  • Photo 3: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
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  • Photo 4: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
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  • Photo 5: 247 7181 Yonge Street in Markham: Grandview Commercial for sale : MLS®# N13632056
    Photo 5 of 5
Listed by HC REALTY GROUP INC.
Data was last updated August 5, 2026 at 05:15 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.