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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377 Burnhamthorpe Road E
Rathwood Mississauga L5A 3Y1

$199,999 /For Sale
Commercial

Main Photo: 377 Burnhamthorpe Road E in Mississauga: Rathwood Commercial for sale : MLS®# W12760264
Photo 1: 377 Burnhamthorpe Road E in Mississauga: Rathwood Commercial for sale : MLS®# W12760264
Photo 2: 377 Burnhamthorpe Road E in Mississauga: Rathwood Commercial for sale : MLS®# W12760264
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12760264
Bus Major:
Restaurant
Once in a lifetime Opportunity! Now's your chance to run a large full service high volume 3139 square foot restaurant located at Central Parkway Mall. Positioned as a dominant retail hub, this property is anchored by industry-leading flagship stores such as McDonalds, food basics and many more, ensuring a robust and steady flow of necessity-driven consumers. Strategically located in a high-traffic civic hub, this property benefits from the constant activity generated by the adjacent Mississauga Valley Community Centre and surrounded by local schools plus it's conveniently located 5 minutes from the 403 and 7 minutes from the 401. Currently operating as an Chinese cuisine, equipped with a fully built-out commercial kitchen, including 2 double basket floor-standing fryers, heavy-duty commercial gas range with 6 open burners, 6 commercial wok range with multiple high-BTU burners and integrated water faucets, xl walk in freezer, refrigeration and many more! Seating capacity for up to 144 guests with LLBO. Do not miss this chance!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
3139 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Restaurant
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
TMI
Taxes:
$5,172.02 / 2025
Assessment:
$- / 2025
Peel
Mississauga
Rathwood
Public Transit
hot water tank and commercial dish washer
all chattels and fixtures
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
11:30AM - 8PM Sunday to Thursday. 11:30AM to 9PM on Friday and Saturday. Wednesdays are closed
Employees:
3
Chattels:
No
LLBO:
Yes
Seats:
144
Date Listed:
Feb 05, 2026
Original Price:
Previous Price:
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Listed by ELITE CAPITAL REALTY INC.
Data was last updated February 6, 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.