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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27-31 Harwood Avenue S

Central Ajax L1S 2B8

$3,000,000 /For Sale

Commercial

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• Details
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• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

E12731688

• Photos (6)

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Being Sold by court appointed receiver Under Power Of Sale, "as-is, where-is" & Without Representation & Warranty. Vendor Financing Available. Site Consists Of 2 Vacant 1-Storey Commercial Buildings & 1 Vacant Parcel Of Land. Permitted uses include day care, medical clinic, office, place of worship, retail & restaurant. Water & gas have been disconnected, but electricity is still connected. Building size is estimated based on civil drawings. Property being sold based on land value & development potential. OPA/ZBA Approved Mixed-Use Development Opportunity. 10 Storeys,131 Units & 123,229 GFA. Located In An Established Residential Node, Just North Of Highway 401 & In Proximity To Go Station. Municipal Address Includes 27, 29 & 31 Harwood Avenue S.

General Info:

Property Type:

Commercial

Property Sub Type:

Office

Freestanding:

Yes

Total Area:

3700 sq. ft. Square Feet

Total Area:

3,700 sq. ft.344 m2

Office/Apt Area:

100 sq. ft. %

Lot Depth:

218'66.4 m

Lot Frontage:

150'45.7 m

Water supply:

Municipal

Zoning:

Uptown Mixed Use (UC)

Additional Info:

Heating type:

None

Clear Height:

0'0 m

Garage:

None

Possession Details:

Immediate

Financial Info:

HST Applicable To Sale Price:

In Addition To

Type Taxes:

Annual

Taxes:

$41,719.36 / 2025

Assessment:

$- / -

County:

Durham

Listing Area:

Ajax

Listing Sub-Area:

Central

Area Influences:

Major Highway, Public Transit

Security Features:

No

Elevator:

None

Rail:

No

Other Details:

Utilities:

Available

Sewers:

Sanitary+Storm Available

Air Conditioning:

No

Seller Property Info Statement:

No

Business Info:

Category:

Office

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

Listing Info:

Date Listed:

Jan 27, 2026

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Listed by LENNARD COMMERCIAL REALTY

Data was last updated January 27, 2026 at 05:15 PM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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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.