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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250 Ferrier Street
Milliken Mills West York L3R 2Z5

$9,689,000 /For Sale
Commercial

Main Photo: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
Photo 1: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
Photo 2: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
Photo 3: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
Photo 4: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
Photo 5: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
Photo 6: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
Photo 7: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12258506
250 Ferrier is a light industrial building with some office and warehousing Tenants in half the building. The property is 50% vacant and is a great opportunity for an occupier-investor or an occupier with need for future growth. Approximately 10,000 sf is vacant, being Unit J located at the rear of the building, offering 1 TL and 1 oversized drive in door and boasts clear heights of 20' 2". The remainder of the building (approximately 10,000) is occupied by 7 Tenants paying below market net rents leaving room for rental income growth. The front portion of the building has lower clear heights of approximately 12' clear and there is about 2,000 sf of mezzanine space in the rear, also occupied by office Tenants. The property is located just north of Steeles and west of Warden and provides excellent access to public transit and an abundance of nearby amenities. Recent environmental and building condition reports have been completed by the Vendor. Please reach out to designated listing agent for Confidentiality Agreement (CA) and access to reports and rent roll.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
31-50
Total Area:
21020 sq. ft. Square Feet
Total Area:
21,020 sq. ft.
Industrial Area:
18875 sq. ft. Sq Ft
Office/Apt Area:
2145 sq. ft. Sq Ft
Depth:
380'
Frontage:
155'
Lot Shape:
Rectangular
Water supply:
Municipal
Soil Test:
Construction+Environmental
Zoning:
EMP-GE
Heating type:
Gas Forced Air Open
Clear Height:
20'2"
Garage:
Outside/Surface
Parking Spaces:
37
Possession Details:
on closing or sooner
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$31,431.09 / 2024
Assessment:
$- / -
Markham
Milliken Mills West
York
Public Transit
Yes
Any fixtures/chattels owned by the Tenants.
None
No
No
Amperage:
600
Volts:
600
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Industrial
Outside Storage:
No
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
6
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
1
Date Listed:
Jul 03, 2025
  • Photo 1: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
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  • Photo 2: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
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  • Photo 3: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
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  • Photo 4: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
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  • Photo 5: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
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  • Photo 6: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
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  • Photo 7: 250 Ferrier Street in York: Milliken Mills West Commercial for sale (Markham)  : MLS®# N12258506
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Listed by CUSHMAN & WAKEFIELD
Data was last updated July 4, 2025 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.

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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.