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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3 3195 Wolfedale Road
Mavis-Erindale Mississauga L5C 1V8

$300,000 /For Sale
Commercial

Main Photo: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
Photo 1: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
Photo 2: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
Photo 3: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
Photo 4: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
Photo 5: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
Photo 6: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
Photo 7: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
Photo 8: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12813824
Bus Major:
Automotive Related
This thriving family-owned business has built a strong and loyal clientele over more than 15years, earning an excellent reputation for honesty and outstanding customer service. The business operates from a well-maintained premises featuring relatively low, hassle-free rent and an efficient gas heating system that helps optimize monthly operating costs, adding further value for a new owner. Sale includes business assets and goodwill only; premises are leased and not included in the purchase. The owner is seeking a qualified buyer and will consider offers that appropriately reflect the business value and its loyal, established clientele. Operations and documentation are well organized, supporting a smooth and seamless transition. Showings and offers are welcome from qualified buyers ready to take over a profitable and reputable business. Detailed list of equipment and tools available upon request.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
2600 sq. ft. Square Feet
Total Area:
2,600 sq. ft.
Retail Area:
2600 sq. ft. Sq Ft
Industrial Area:
80 sq. ft. %
Office/Apt Area:
20 sq. ft. Sq Ft
Lot Depth:
70'
Lot Frontage:
38'
Water supply:
Municipal
Zoning:
E-2
Heating type:
Gas Forced Air Open
Garage:
In/Out
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
Peel
Mississauga
Mavis-Erindale
Welding Oxygen Tank
Sewers:
None
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Condo Fee:
$0
Major Business Type:
Automotive Related
Category:
Without Property
Franchise:
No
Hours Open:
10am to 6pm Mon-Fri
Employees:
2
Chattels:
No
LLBO:
No
Seats:
7
Date Listed:
Feb 24, 2026
Original Price:
Previous Price:
  • Photo 1: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
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  • Photo 8: 3 3195 Wolfedale Road in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W12813824
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Listed by RE/MAX REALTY SPECIALISTS INC.
Data was last updated February 25, 2026 at 04:15 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.