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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54 Davis Drive
Central Newmarket Newmarket L3Y 2M7

$79,000 /For Sale
Commercial

Main Photo: 54 Davis Drive in Newmarket: Central Newmarket Commercial for sale : MLS®# N14091718
Photo 1: 54 Davis Drive in Newmarket: Central Newmarket Commercial for sale : MLS®# N14091718
Photo 2: 54 Davis Drive in Newmarket: Central Newmarket Commercial for sale : MLS®# N14091718
Photo 3: 54 Davis Drive in Newmarket: Central Newmarket Commercial for sale : MLS®# N14091718
Photo 4: 54 Davis Drive in Newmarket: Central Newmarket Commercial for sale : MLS®# N14091718
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Photo 25: 54 Davis Drive in Newmarket: Central Newmarket Commercial for sale : MLS®# N14091718
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N14091718
Bus Major:
Restaurant
An outstanding opportunity to own a Wings Up! franchise in the heart of Central Newmarket! This established chicken wing brand is renowned for its 100% fresh, never-frozen chicken, hand-cut, freshly battered and cooked to order. Featuring 18 signature sauces and seasonings, wings, boneless chicken, sandwiches, salads, appetizers and catering, Wings Up! has built a loyal customer base and a strong reputation for quality. Attractive & long Lease: Approx. $5,800/month, including TMI, HST and water. Lease is valid until 30th November 2030 + 2x5 years option to renew. Prime Location & Exceptional Exposure: Strategically situated in a high-traffic commercial plaza featuring national and established tenants, including No Frills, Shoppers Drug Mart, Baskin Robbins, National Bank, GoodLife Fitness, Fabricland & more. This location benefits from excellent visibility, steady plaza traffic and a strong surrounding customer base. Excellent Connectivity: Viva Rapidway transit is right at the doorstep, the Newmarket GO Station is approximately 5 minutes away, and Highway 404 is easily accessible within a short drive. The GO Station provides convenient connections to downtown Toronto. Strong Residential Catchment: Ideally positioned to serve nearby communities, including Woodland Hill, Bristol-London and Gorham-College Manor, with growing residential developments such as The Bakerfield and The Davis Residences nearby. Huron Heights Secondary School is approximately a 10-minute walk away, while Southlake Regional Health Centre, York Region offices and Upper Canada Mall are within convenient driving distance. A compelling opportunity for an owner-operator or investor to acquire a recognized franchise in a well-connected, high-demand Newmarket location. Don't miss your chance to own a Wings Up! business!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Approx. Age:
6-15
Total Area:
1425 sq. ft. Square Feet
Total Area:
1,425 sq. ft.
Retail Area:
1425 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Electric Forced Air
Garage:
Outside/Surface
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$0 / 2026
Assessment:
$- / -
York
Newmarket
Central Newmarket
Yes
All the chattel & equipments are included.
Utilities:
Available
Sewers:
Septic Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
Yes
Days Open:
Open 7 Days
Hours Open:
Mon-Thu & Sun 11:00 am - 11:00 pm, Fri-Sat 11:00 Am - 12:00 Am
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
4
Date Listed:
Oct 18, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Data was last updated October 18, 2026 at 06:15 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.