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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50 1550 Kingston Road
Town Centre Pickering L1V 1C3

$249,000 /For Sale
Commercial

Main Photo: 50 1550 Kingston Road in Pickering: Town Centre Commercial for sale : MLS®# E13586774
Photo 1: 50 1550 Kingston Road in Pickering: Town Centre Commercial for sale : MLS®# E13586774
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Photo 17: 50 1550 Kingston Road in Pickering: Town Centre Commercial for sale : MLS®# E13586774
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13586774
Bus Major:
Restaurant
Excellent Business Opportunity - Two Prime Locations Available!Rare opportunity to acquire two established restaurant locations under the same successful brand, strategically located in Pickering and Whitby. Purchase one location or both to maximize growth potential.Ideal for an owner-operator, investor, or existing restaurant group. The business can continue under the current franchise/brand (subject to franchisor approval) or be converted to an independent concept (subject to landlord and lease requirements), providing exceptional flexibility for buyers.Both locations are situated in high-traffic areas with excellent visibility, ample parking, and strong surrounding residential and commercial demographics. Fully equipped with quality leasehold improvements and commercial kitchen equipment, making them truly turnkey opportunities.Training may be available for a smooth transition. Perfect opportunity to expand your restaurant portfolio or launch your own concept with significantly lower startup costs than building a new restaurant from scratch.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1850 sq. ft. Square Feet
Total Area:
1,850 sq. ft.
Retail Area:
1850 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Cooling:
Yes
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
Durham
Pickering
Town Centre
Major Highway, Public Transit
Yes
None
No
Utilities:
Available
Sewers:
Septic
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
Thus - Fri ( 12 PM - 11PM) Sat- Sun (9 AM- 11PM)
Employees:
3
Chattels:
Yes
LLBO:
No
Outside Storage:
No
Seats:
60
Date Listed:
Jul 21, 2026
Original Price:
Previous Price:
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Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Data was last updated July 22, 2026 at 08:15 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.