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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#4 1285 Elgin Mills Road E
Rouge Woods Richmond Hill L4S 0B5

$369,000 /For Sale
Commercial

Main Photo: #4 1285 Elgin Mills Road E in Richmond Hill: Rouge Woods Commercial for sale : MLS®# N12608438
Photo 1: #4 1285 Elgin Mills Road E in Richmond Hill: Rouge Woods Commercial for sale : MLS®# N12608438
Photo 2: #4 1285 Elgin Mills Road E in Richmond Hill: Rouge Woods Commercial for sale : MLS®# N12608438
Photo 3: #4 1285 Elgin Mills Road E in Richmond Hill: Rouge Woods Commercial for sale : MLS®# N12608438
Photo 4: #4 1285 Elgin Mills Road E in Richmond Hill: Rouge Woods Commercial for sale : MLS®# N12608438
Photo 5: #4 1285 Elgin Mills Road E in Richmond Hill: Rouge Woods Commercial for sale : MLS®# N12608438
Photo 6: #4 1285 Elgin Mills Road E in Richmond Hill: Rouge Woods Commercial for sale : MLS®# N12608438
Photo 7: #4 1285 Elgin Mills Road E in Richmond Hill: Rouge Woods Commercial for sale : MLS®# N12608438
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12608438
Bus Major:
Bakery
Rare Opportunity in a Prime Location! An excellent venture to own a fully established, turnkey bakery business located in the popular Shoppes of Heritage Hollow plaza. This well-equipped and easy-to-operate bakery enjoys high foot traffic and a strong residential customer base. The business is ready for immediate operation with plenty of room to grow and expand. Ideal for new or experienced operators. Seller is willing to provide training to ensure a smooth transition. Don't miss out on this fantastic opportunity!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Retail Area:
1270 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
255'11"
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Plaza
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$0 / 2024
Assessment:
$- / -
York
Richmond Hill
Rouge Woods
Yes
Sangak Oven and all its accessories, Tafton Oven and all its accessories, Scale with Printer, Surveillance camera, Plastic dough proofer containers(20pcs), Cash register machine, Pastry fridge, 2 metal table, Lavash dough sheeter, 1pop cooler fridge, 1display freezer ,All display shelves and storage shelves in the back of store, Dough container on wheel, Somerset dough sheeter 20", Ponemore dough mixer, Back up dough mixer
Veggie fridge
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Bakery
Category:
Without Property
Franchise:
No
Hours Open:
5 am to 9 pm
Employees:
0
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Dec 07, 2025
Original Price:
Previous Price:
  • Photo 1: #4 1285 Elgin Mills Road E in Richmond Hill: Rouge Woods Commercial for sale : MLS®# N12608438
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  • Photo 7: #4 1285 Elgin Mills Road E in Richmond Hill: Rouge Woods Commercial for sale : MLS®# N12608438
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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Data was last updated December 8, 2025 at 06:15 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.