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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485 485 Mcnicoll Avenue
Hillcrest Village Toronto M2H 2C9

$280,000 /For Sale
Commercial

Main Photo: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 1: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 2: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 3: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 4: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 5: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 6: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 7: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 8: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 9: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 10: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 11: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 12: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 13: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 14: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 15: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 16: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 17: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Photo 18: 485 485 Mcnicoll Avenue in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13093874
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13093874
Bus Major:
Woodworking
***Two Trucks And Great Woodworking & Cabinet manufacturing business For Sale***Specializing in custom modern cabinetry, closets, wall units, vanities, and solid wood millwork, this fully equipped shop is ready for immediate operation. The prime industrial unit features truck-level shipping and is strategically located near the highly accessible intersection of Hwy 404 and Hwy 401. Features an office and showroom area plus a well-organized industrial workshop equipped with quality machinery, and tools. Excellent lease terms with low rent of only $4913 + HST (TMI not included). Lease secured until March 31, 2027 with a 5-year renewal option. The retiring seller is willing to stay on temporarily to provide training, ensuring a seamless transition. An ideal acquisition for an entrepreneur looking to start or expand in the industry! Free Parking in Front Of Premises. Real Shipping Area Can Accommodate Mid Size(size 3) Trucks.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
4913 sq. ft. Square Feet
Total Area:
4,913 sq. ft.
Retail Area:
0 sq. ft. Sq Ft
Industrial Area:
3713 sq. ft. Sq Ft
Office/Apt Area:
1200 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Industrial, Retail
Heating type:
Gas Forced Air Open
Clear Height:
14'
Garage:
Outside/Surface
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Development Charges Paid:
No
Type Taxes:
TMI
Taxes:
$6.07 / 2026
Assessment:
$- / -
Toronto
Toronto C15
Hillcrest Village
Major Highway
Yes
Two Trucks. All Chattels, Fixtures, Machinery, and tools are included in the purchased Price.
Inventory Separate
Amperage:
100
Volts:
600
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
Partial
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Woodworking
Category:
Without Property
Franchise:
No
Days Open:
Open 5 Days
Hours Open:
9-6PM
Employees:
0
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
May 07, 2026
Original Price:
Previous Price:
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Listed by RIGHT AT HOME REALTY
Data was last updated May 7, 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.