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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434 Plains Road E
LaSalle Burlington L7T 2E1

$2,995,000 /For Sale
Commercial

Main Photo: 434 Plains Road E in Burlington: LaSalle Commercial for sale : MLS®# W12544142
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12544142
Amazing opportunity in Aldershot! Rare HALF ACRE corner lot with great exposure on Plains Road East / Falcon Blvd. Existing building isapproximately 2700 square feet. Recent zoning approval for Motor Vehicle Sales and Leasing. 28 parking spots. MXG MXG Zoning- also suitablefor a variety of medical uses.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
2800 sq. ft. Square Feet
Total Area:
2,800 sq. ft.
Retail Area:
2800 sq. ft. Sq Ft
Lot Depth:
123'1½"
Lot Frontage:
118'8½"
Water supply:
Municipal
Zoning:
MXG
Heating type:
None
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment:
$1,167,000
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$25,540.53 / 2025
Assessment:
$1,167,000.00 / 2025
Halton
Burlington
LaSalle
Yes
Utilities:
None
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Multi-Use
Date Listed:
Nov 14, 2025
Original Price:
Previous Price:
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Listed by RE/MAX ESCARPMENT REALTY INC.
Data was last updated November 15, 2025 at 04:15 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.