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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#4 726 Kingston Road

Woodlands Pickering L1V 1G4

$444,000 /For Sale

Commercial

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• Details
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• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

E12741350

Bus Major:

Restaurant

• Photos (14)

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Philthy Phillys restaurant for sale. Operating Mon to Thu, Sun 11am to 10pm, Fri-Sat 11am 11pm. Low franchise fees . Approx. $14K weekly sales with low rent of $6,400/month (including TMI & water). Located in a busy plaza with Bank and other retail businesses, offering strong foot traffic. Excellent opportunity for a new owner-operator. Please do not go direct and talk to employees. Call Listing Agent for all enquiry. Has potential to incorporate cloud kitchen concept, contact for more details

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

No

Approx. Age:

6-15

Total Area:

1588 sq. ft. Square Feet

Total Area:

1,588 sq. ft.148 m2

Retail Area:

1200 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Water supply:

Municipal

Zoning:

MU-5

Additional Info:

Heating type:

Gas Forced Air Closed

Clear Height:

9'2.74 m

Garage:

Plaza

Possession Details:

flexible

Financial Info:

HST Applicable To Sale Price:

In Addition To

Type Taxes:

N/A

Taxes:

$0 / 2026

Assessment:

$- / -

County:

Durham

Listing Area:

Pickering

Listing Sub-Area:

Woodlands

Security Features:

No

Elevator:

None

Rail:

No

Other Details:

Utilities:

Yes

Sewers:

Sanitary+Storm

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

Yes

Expenses Actual/Estimated:

Actual

Business Info:

Property Management Company:

ROYAL ADMIRAL (CANADA) INC

Business/Building Name:

Philthy Phille

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

Yes

Days Open:

Open 7 Days

Hours Open:

15

Employees:

1

Chattels:

Yes

LLBO:

No

Seats:

12

Listing Info:

Date Listed:

Jan 30, 2026

Original Price:

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Previous Price:

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Listed by SAVE MAX REAL ESTATE INC.

Data was last updated January 30, 2026 at 07:15 PM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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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.

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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.