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 Wellington Street E
Aurora Village Aurora L4G 1H5

$899,999 /For Sale
Commercial

Main Photo: 50 Wellington Street E in Aurora: Aurora Village Commercial for sale : MLS®# N13455314
Photo 1: 50 Wellington Street E in Aurora: Aurora Village Commercial for sale : MLS®# N13455314
Photo 2: 50 Wellington Street E in Aurora: Aurora Village Commercial for sale : MLS®# N13455314
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13455314
Own Your Space in Downtown Aurora and Stop Paying Rent! An exceptional opportunity to own commercial real estate in the heart of Downtown Aurora while operating your business and potentially generating additional income. Located within the sought-after Promenade Designated Area WITH HIGH VISIBILITY which will most certainly contribute to the growth of your current business, this rare property, known as the historic Andrew Morrison House has been thoughtfully transformed into an elegant professional office space. Showcasing true pride of ownership, the building is immaculate, meticulously maintained, and completely turnkey. Its versatile zoning offers a variety of permitted uses, including an art gallery, therapist, personal service shop, retail establishment, professional office, daycare and more. Enjoy a prime location just a short walk to the GO Train Station, with convenient access to public transit along Yonge Street and Aurora's vibrant downtown core. Clients and customers will appreciate the on-site parking, a valuable feature in this central location. Whether you're looking to establish, expand, or invest in your business, this unique property presents a rare ownership opportunity in one of Aurora's most desirable commercial districts. Don't miss your chance to own this historic and versatile commercial gem. RECENT UPDATES: HEATING SYSTEM AND HOT WATER SYSTEM REPLACED IN DEC 2025. BASEMENT WATERPROOFING 2023
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Approx. Age:
100+
Total Area:
1742 sq. ft. Square Feet
Total Area:
1,742 sq. ft.
Retail Area:
0 sq. ft. Sq Ft
Office/Apt Area:
100 sq. ft. %
Lot Depth:
94'6"
Lot Frontage:
60'
Water supply:
Municipal
Zoning:
COMMERCIAL
Heating type:
Gas Hot Water
Garage:
Outside/Surface
Parking Spaces:
6
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$12,921 / 2025
Assessment:
$- / -
York
Aurora
Aurora Village
No
ALL FURNITURE, FRIDGE, 2 MICROWAVES, 1 BAR FRIDGE, EXISTING WINDOW COVERINGS, ALL ELECTRICAL LIGHT FIXTURES, ALARM SYSTEM (AS-IS), TANKLESS HOT WATER HEATER, 4 AREAS RUGS, TV AND WALL MOUNT
ALL ART WORK ON WALLS
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Category:
Multi-Use
Date Listed:
Jun 17, 2026
Original Price:
Previous Price:
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Listed by YOUR HOME SOLD GUARANTEED REALTY SPECIALISTS INC
Data was last updated June 17, 2026 at 04:15 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.