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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Main Photo: 51 Millside Drive in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12985908
Photo 1: 51 Millside Drive in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12985908
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Photo 34: 51 Millside Drive in Milton: 1035 - OM Old Milton Commercial for sale : MLS®# W12985908
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12985908
Bus Major:
Medical/Dental
Freestanding commercial property with a brand new roof, formerly occupied by The Beer Store, Zoning permits a wide range of uses, including retail, restaurants, office, medical clinics, veterinary clinics, personal service businesses, fitness and recreational facilities, as well as schools, community centres, libraries, places of worship, and other community and institutional uses. The property offers excellent exposure, on-site parking, and a functional stand alone building, making it ideal for investors, owner-users, or redevelopment opportunities. Strategically situated within a key intensification area, the site is surrounded by established residential neighbourhoods and growing commercial activity, providing strong accessibility and long-term growth potential. Buyer and Buyer's agent to verify all information independently.
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
5506 sq. ft. Square Feet
Total Area:
5,506 sq. ft.
Retail Area:
5506 sq. ft. Sq Ft
Office/Apt Area:
0 sq. ft. Sq Ft
Lot Depth:
198'3"
Lot Frontage:
150'
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
C1
Heating type:
Gas Forced Air Open
Survey Available:
Yes
Garage:
Outside/Surface
Parking Spaces:
30
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To, Included In
Assessment:
$1,765,000
Assessment Year:
2026
Type Taxes:
Annual
Taxes:
$30,910.23 / 2025
Assessment:
$1,765,000.00 / 2026
Halton
Milton
1035 - OM Old Milton
No
Anything attached to the building,
None
No
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Medical/Dental
Category:
Office
Date Listed:
Apr 11, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated April 11, 2026 at 10:15 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.

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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.