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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5 351 Parkhurst
Parkway Belt Industrial Area Brampton L6T 0C2

$1,019,900 /For Sale
Commercial

Main Photo: 5 351 Parkhurst in Brampton: Parkway Belt Industrial Area Commercial for sale : MLS®# W12789148
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12789148
Great opportunity to own your own commercial/retail unit in a highly convenient location near Hwy 407, Steeles Ave, and Airport Road. Ideal for both end-users and investors.Perfect for professional uses such as immigration office, law office, mortgage brokerage, or real estate brokerage. The unit offers approximately 1,454 sq. ft. plus a separate finished office mezzanine of approximately 580 sq. ft., along with a rear entrance for added convenience.Ample parking available. Located next to major new developments, providing excellent growth potential.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
1454 sq. ft. Square Feet
Total Area:
1,454 sq. ft.
Retail Area:
1454 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$8,320.75 / 2025
Assessment:
$- / -
Peel
Brampton
Parkway Belt Industrial Area
Yes
None
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Commercial Condo
Date Listed:
Feb 14, 2026
Original Price:
Previous Price:
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Listed by RE/MAX GOLD REALTY INC.
Data was last updated February 14, 2026 at 07:15 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.