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: 512 7191 Yonge Street in York: Thornhill Commercial for sale (Markham)  : MLS®# N12258147
Photo 1: 512 7191 Yonge Street in York: Thornhill Commercial for sale (Markham)  : MLS®# N12258147
Photo 2: 512 7191 Yonge Street in York: Thornhill Commercial for sale (Markham)  : MLS®# N12258147
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Photo 22: 512 7191 Yonge Street in York: Thornhill Commercial for sale (Markham)  : MLS®# N12258147
Photo 23: 512 7191 Yonge Street in York: Thornhill Commercial for sale (Markham)  : MLS®# N12258147
Photo 24: 512 7191 Yonge Street in York: Thornhill Commercial for sale (Markham)  : MLS®# N12258147
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Photo 26: 512 7191 Yonge Street in York: Thornhill Commercial for sale (Markham)  : MLS®# N12258147
Photo 27: 512 7191 Yonge Street in York: Thornhill Commercial for sale (Markham)  : MLS®# N12258147
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12258147
***High End Professional Office Building Located At World On Yonge Complex***Corner North West Unit With Very Bright And Clear View***Newly Renovated***Lots of Windows***Ample natural light and Stunning Sunset Vistas***Cafeteria with Water Supply***Modern-Style Decoration with Well Designed Interior Layout***96" Solid Doors***All Furniture will Stay***Part Of Complex With Shopping Mall, Bank, Supermarket And 4 Residential Condo Towers And Hotel***Close To Hwy, Public Transit***Steps To Future Subway Extension***Lots Of Underground Visitor Parkings And Much Much More!!!***
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
No
Approx. Age:
6-15
Total Area:
1198 sq. ft. Square Feet
Total Area:
1,198 sq. ft.
Office/Apt Area:
998 sq. ft. Sq Ft
Depth:
0'
Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Professional Office
Heating type:
Electric Forced Air
Cooling:
Yes
Attached Garage:
Yes
Garage:
Underground
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$8,103.08 / 2024
Assessment:
$- / -
Markham
Thornhill
York
Partial
Furniture inside unit
Public
No
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Office
Date Listed:
Jul 03, 2025
Original Price:
Previous Price:
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Listed by RE/MAX REALTRON REALTY INC.
Data was last updated July 4, 2025 at 04:15 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.