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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559 STEVEN Court
Stonehaven-Wyndham Newmarket L3Y 6Z3

$200,000 /For Sale
Commercial

Main Photo: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
Photo 1: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
Photo 2: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
Photo 3: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
Photo 4: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
Photo 5: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
Photo 6: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
Photo 7: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
Photo 8: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
Photo 9: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12773864
Bus Major:
Restaurant
Turn-Key Restaurant Opportunity in Prime Great Plaza Location in Newmarket! Exceptional opportunity to own a beautifully designed, fully equipped restaurant in the heart of Great Plaza. This well-established business features approximately 1,600 sq. ft. of thoughtfully laid-out space with modern finishes, functional kitchen setup, and an inviting dining area that creates a warm and memorable customer experience. Strong and loyal client base with consistent repeat business, making this a true turn-key operation for both experienced operators and first-time restaurateurs. Excellent exposure in a high-traffic plaza with ample on-site parking for customers and staff - a rare advantage that supports steady daily foot traffic. Priced at only $200,000, this is an outstanding value for a ready-to-go restaurant in a sought-after commercial location. Start operating from day one with everything in place. Don't miss this chance to own your own restaurant in a prime, busy plaza setting!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1600 sq. ft. Square Feet
Total Area:
1,600 sq. ft.
Retail Area:
90 sq. ft. %
Office/Apt Area:
10 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Survey Available:
No
Garage:
Outside/Surface
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
York
Newmarket
Stonehaven-Wyndham
None
No
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Condo Fee:
$0
Expenses Actual/Estimated:
Estimated
Year Expenses:
2025
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
11Am to 11 Pm
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
50
Date Listed:
Feb 10, 2026
Original Price:
Previous Price:
  • Photo 1: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
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  • Photo 2: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
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  • Photo 3: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
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  • Photo 4: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
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  • Photo 5: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
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  • Photo 6: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
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  • Photo 7: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
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  • Photo 8: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
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  • Photo 9: 559 STEVEN Court in Newmarket: Stonehaven-Wyndham Commercial for sale : MLS®# N12773864
    Photo 9 of 9
Listed by CENTURY 21 HERITAGE GROUP LTD.
Data was last updated February 10, 2026 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.