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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7-8 10501 Weston Road
Vellore Village Vaughan L4H 4G8

$249,000 /For Sale
Commercial

Main Photo: 7-8 10501 Weston Road in Vaughan: Vellore Village Commercial for sale : MLS®# N13424398
Photo 1: 7-8 10501 Weston Road in Vaughan: Vellore Village Commercial for sale : MLS®# N13424398
Photo 2: 7-8 10501 Weston Road in Vaughan: Vellore Village Commercial for sale : MLS®# N13424398
Photo 3: 7-8 10501 Weston Road in Vaughan: Vellore Village Commercial for sale : MLS®# N13424398
Photo 4: 7-8 10501 Weston Road in Vaughan: Vellore Village Commercial for sale : MLS®# N13424398
Photo 5: 7-8 10501 Weston Road in Vaughan: Vellore Village Commercial for sale : MLS®# N13424398
Photo 6: 7-8 10501 Weston Road in Vaughan: Vellore Village Commercial for sale : MLS®# N13424398
Photo 7: 7-8 10501 Weston Road in Vaughan: Vellore Village Commercial for sale : MLS®# N13424398
Photo 8: 7-8 10501 Weston Road in Vaughan: Vellore Village Commercial for sale : MLS®# N13424398
Photo 9: 7-8 10501 Weston Road in Vaughan: Vellore Village Commercial for sale : MLS®# N13424398
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13424398
Bus Major:
Grocery/Supermarket
Established and fully operating specialty grocery business with a brick-oven bakery with deli/butcher option available w/ walk-in cooler/multiple freezer/fridges available for sale in a prime Vaughan location. This market is a well-known Mediterranean/international market situated on busy Weston Rd with strong visibility, consistent customer traffic, and ample parking. Serving a loyal and growing community, this turnkey operation offers a wide selection of imported products, fresh groceries, baked goods, dairy, frozen foods, and specialty items catering to a diverse clientele. Clean, well-maintained interior with a functional layout, shelving, refrigeration, and equipment included. Excellent opportunity for owner-operators or investors, with rebranding and hot-table options, plus other Restaurant or cuisine flavor concepts available upon landlord approval. Located in a high-density residential area surrounded by homes, schools, and everyday amenities, with convenient access to Hwy 400 and major routes. Please do not go directly or speak to staff. 5 + 5-year term on lease, $8200 including TMI/HST, very healthy annual gross revenue sales. *TAXES YET TO BE ASSESSED *
Maximum Rental Term:
60
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
2200 sq. ft. Square Feet
Total Area:
2,200 sq. ft.
Retail Area:
2200 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
COMMERCIAL
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
Unknown
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
York
Vaughan
Vellore Village
Yes
Please refer to chattels and fixtures list
Utilities:
Available
Green Property Information Statement:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Grocery/Supermarket
Category:
Without Property
Franchise:
No
Hours Open:
7am-9pm
Employees:
0
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Jun 10, 2026
Original Price:
Previous Price:
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Listed by RE/MAX NOBLECORP REAL ESTATE
Data was last updated June 10, 2026 at 12:15 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.