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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402 3950 14th Avenue
Milliken Mills West Markham L3R 0A9

$375,000 /For Sale
Commercial

Main Photo: 402 3950 14th Avenue in Markham: Milliken Mills West Commercial for sale : MLS®# N13679044
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13679044
Well-maintained office unit in a prestigious professional office condominium at 3950 14th Avenue. Excellent location with easy access to Hwy 404 and Hwy 407, surrounded by restaurants, banks, retail amenities and public transit. Ideal for professional offices, medical-related uses, accounting, legal, real estate, consulting, tutoring and other permitted professional businesses. The building features a professional lobby/atrium, elevator access, ample surface parking and convenient access for both clients and employees. Excellent opportunity for an owner-user or investor.
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
No
Total Area:
10614 sq. ft. Square Meters
Total Area:
10,614 sq. ft.
Office/Apt Area:
1040 sq. ft. Sq Ft
Lot Depth:
46'
Lot Frontage:
22'
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
MC70%(Mixed Commercial)
Heating type:
Electric Forced Air
Clear Height:
8'6"
Garage:
Outside/Surface
HST Applicable To Sale Price:
In Addition To
Assessment:
$228,000
Assessment Year:
2026
Development Charges Paid:
Yes
Type Taxes:
Annual
Taxes:
$4,056.78 / 2026
Assessment:
$228,000.00 / 2026
York
Markham
Milliken Mills West
No
N/A
Exiting Office Furniture(Available for Purchase Separately)
Public
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Condo Fee:
$836.78
Property Management Company:
Shiu Pong Management Limited
Category:
Office
Date Listed:
Aug 15, 2026
Original Price:
Previous Price:
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Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated August 15, 2026 at 12:15 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.