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 Pefferlaw Road
Pefferlaw Georgina L0E 1N0

$799,000 /For Sale
Commercial

Main Photo: 247 Pefferlaw Road in Georgina: Pefferlaw Commercial for sale : MLS®# N13727554
Photo 1: 247 Pefferlaw Road in Georgina: Pefferlaw Commercial for sale : MLS®# N13727554
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13727554
Excellent C1 Commercial Investment Opportunity! The well-located commercial property offers approximately $8000 in current rental income from existing tenants. The property is C1 zoned and provides excellent flexibility for variety of permitted commercial uses. The unit also offers the potential to create a legal upstairs residential apartment, subject to municipal approvals and permits. Featuring a prominent front-store area, ample parking, and strong potential for additional income, this property is an excellent opportunity for investors and ower-operators.
Percent of Building:
100
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
3080 sq. ft. Square Feet
Total Area:
3,080 sq. ft.
Retail Area:
1822 sq. ft. Sq Ft
Office/Apt Area:
1258 sq. ft. Sq Ft
Lot Depth:
407'7½"
Lot Frontage:
56'5½"
Lot Shape:
Irregular
Bathrooms:
2.0
Water supply:
Well
Zoning:
C1-1
Heating type:
Gas Forced Air Closed
Garage:
Double Detached
Parking Spaces:
50
Lot Irregularities:
Irregular Shaped lot
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$16,331 / 2026
Assessment:
$- / 2025
York
Georgina
Pefferlaw
Major Highway, Recreation/Community Centre
No
none
Washer/dryer( brand new) hot water tank, water softner, central air condition, stove, garage door opener
Utilities:
Available
Sewers:
Septic
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Aug 31, 2026
Original Price:
Previous Price:
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Listed by RE/MAX By The Bay Brokerage
Data was last updated August 31, 2026 at 08:15 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.