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: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 1: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 2: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 3: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 4: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 5: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 6: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 7: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 8: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 9: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 10: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 11: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 12: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 13: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Photo 14: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13743528
Bus Major:
Grocery/Supermarket
Location! Location! This Is A Great Opportunity To Take Over A Successful Business Of Indian, Pakstani, Sri Lankan, West Indians & Canadians Grocery Store. Good Sales, And Markham Road, Just North Of Steeles. Situated In A High Traffic Plaza With Excellent Visibility And Easy Access, Plenty Of Opportunity To Add New Items To It. Take Out Restaurant Proper Running Business For Last 10 Years. All Inventories & Equipment Included In The Price. The Plaza Offers Plenty Of Free Surface Parking, Making It Convenient For Customers And Encouraging Repeat Visits. With Steady Daily Traffic And A Strong Presence In The Area, This Is A Turnkey Setup For Anyone Looking To Enter Or Expand In The Food Service Business
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Retail Area:
3000 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / 2025
York
Markham
Middlefield
None
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Grocery/Supermarket
Category:
Without Property
Franchise:
No
Hours Open:
9am-10pm
Employees:
6
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Sep 04, 2026
Original Price:
Previous Price:
  • Photo 1: 280 Elson Street in Markham: Middlefield Commercial for sale : MLS®# N13743528
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Listed by HOMELIFE/FUTURE REALTY INC.
Data was last updated September 4, 2026 at 03:15 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.