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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346 Main Street N
Old Markham Village Markham L3P 1Z1

$49,000 /For Sale
Commercial

Main Photo: 346 Main Street N in Markham: Old Markham Village Commercial for sale : MLS®# N13680612
Photo 1: 346 Main Street N in Markham: Old Markham Village Commercial for sale : MLS®# N13680612
Photo 2: 346 Main Street N in Markham: Old Markham Village Commercial for sale : MLS®# N13680612
Photo 3: 346 Main Street N in Markham: Old Markham Village Commercial for sale : MLS®# N13680612
Photo 4: 346 Main Street N in Markham: Old Markham Village Commercial for sale : MLS®# N13680612
Photo 5: 346 Main Street N in Markham: Old Markham Village Commercial for sale : MLS®# N13680612
Photo 6: 346 Main Street N in Markham: Old Markham Village Commercial for sale : MLS®# N13680612
Photo 7: 346 Main Street N in Markham: Old Markham Village Commercial for sale : MLS®# N13680612
Photo 8: 346 Main Street N in Markham: Old Markham Village Commercial for sale : MLS®# N13680612
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13680612
Bus Major:
Dry Cleaning/Laundry
RARE BUSINESS OPPORTUNITY! Well-established dry cleaning business operating in the same community for approximately 22 years. Located in a busy, high-traffic location with a loyal base of repeat customers. Features a dedicated passport photo studio in the back room, providing an additional source of income. All existing chattels and equipment are included. Low overhead with excellent potential to grow by adding services and marketing. Monthly rent is approximately $2,500 + HST, with 5 + 10 year lease renewal options available. Ideal for an owner-operator or family business. Turnkey operation - owner retiring after 22 years.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1250 sq. ft. Sq Ft
Lot Depth:
163'
Lot Frontage:
89'7"
Water supply:
Municipal
Zoning:
Mixed-Use
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
30/60/90
HST Applicable To Sale Price:
Included In
Type Taxes:
TMI
Taxes:
$0 / 2025
Assessment:
$- / -
York
Markham
Old Markham Village
all existing chattels and equipment, passport studio
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Financial Statements:
Yes
Major Business Type:
Dry Cleaning/Laundry
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
10
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Aug 16, 2026
Original Price:
Previous Price:
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Listed by CENTURY 21 LEADING EDGE REALTY INC.
Data was last updated August 16, 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.