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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Main Photo: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
Photo 1: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
Photo 2: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
Photo 3: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
Photo 4: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
Photo 5: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
Photo 6: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
Photo 7: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
Photo 8: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12158228
YRCC 745 ; Condominium Building Located In Prime Richmond Hill. Great Central Location At The Corner Of Newkirk and Crosby, Store Front Exposure, Easy Access To All Major Highways, Transit, Go Station. Ground Level, Walk in Unit, Suitable For Entrepeneaour, Small Business, Private Office, Storage, Distribution etc. Also Listed for Lease; Owner's Preference is to Sell
Property Type:
Commercial
Property Sub Type:
Industrial
Freestanding:
No
Total Area:
771 sq. ft. Square Feet
Total Area:
771 sq. ft.
Industrial Area:
0 sq. ft. Sq Ft
Office/Apt Area:
770 sq. ft. Sq Ft
Depth:
0'
Frontage:
0'
Water supply:
Municipal
Zoning:
575 - Industrial
Heating type:
Gas Forced Air Open
Clear Height:
12'6"
Garage:
None
Possession Details:
30 days/tba
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$3,176.46 / 2025
Assessment:
$- / 2024
Richmond Hill
Crosby
York
Major Highway, Public Transit
No
No
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$250.7
Property Management Company:
DiMonte
Category:
Industrial Condo
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
0
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
0
Date Listed:
May 20, 2025
Original Price:
Previous Price:
  • Photo 1: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
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  • Photo 2: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
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  • Photo 3: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
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  • Photo 4: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
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  • Photo 5: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
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  • Photo 6: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
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  • Photo 7: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
    Photo 7 of 8
  • Photo 8: 27 120 Newkirk Road in York: Crosby Commercial for sale (Richmond Hill)  : MLS®# N12158228
    Photo 8 of 8
Listed by KELLER WILLIAMS REALTY CENTRES
Data was last updated May 28, 2025 at 02:15 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.