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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7 1177 Central Parkway W
Mavis-Erindale Mississauga L5C 4P3

$350,000 /For Sale
Commercial

Main Photo: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 1: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 2: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 3: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 4: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 5: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 6: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 7: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 8: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 9: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 10: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 11: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Photo 12: 7 1177 Central Parkway W in Mississauga: Mavis-Erindale Commercial for sale : MLS®# W14096216
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W14096216
Bus Major:
Restaurant
Located in the heart of Mississauga's Golden Square Centre, this newly renovated Japanese ramen restaurant offers a prime location near the University of Toronto Mississauga, surrounded by offices and residential communities with strong customer traffic. Featuring high-end renovations and a fully equipped kitchen, this turnkey opportunity is ideal for operators looking to establish or expand their Japanese restaurant business. The plaza has an exclusive-use restriction, making this location particularly suitable for Japanese cuisine concepts. Reasonable rent and a long-term lease provide an excellent opportunity for a new owner to take over and operate with confidence.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1922 sq. ft. Square Feet
Total Area:
1,922 sq. ft.
Retail Area:
1922 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
E2-19
Heating type:
Gas Forced Air Closed
Garage:
Plaza
Possession Details:
TBA
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
Peel
Mississauga
Mavis-Erindale
Public Transit
All Chattels And Equipment Are Included. **EXTRAS** Rent $10,386.53/ Monthly ( Include Tmi, Hst, Garbage & Water ), Lease Term Till May 31, 2033.
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Business/Building Name:
Men-ya Inoichi Ramen
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
Yes
Days Open:
Open 7 Days
Hours Open:
11-2
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
38
Date Listed:
Oct 20, 2026
Original Price:
Previous Price:
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Listed by BAY STREET GROUP INC.
Data was last updated October 20, 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.