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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7454 Airport Road
Northeast Mississauga L4T 2H5

$399,999 /For Sale
Commercial

Main Photo: 7454 Airport Road in Mississauga: Northeast Commercial for sale : MLS®# W12565006
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12565006
Bus Major:
Restaurant
No franchise restrictions - rebrand easily to your own concept. Turnkey restaurant for sale in a prime Mississauga location, currently operated by a Michelin-starred chef and known for its exceptional food and service. Fully renovated in 2023, the space features a modern interior, brand-new bar, and a commercial-grade kitchen with top-tier equipment including a tandoor and walk-in cooler/freezer. With LLBO licensing, excellent plaza visibility, and steady foot traffic, the restaurant enjoys a loyal customer base. The layout supports dine-in, takeout, and delivery, and offers complete flexibility for rebranding-ideal for independent operators or expanding brands seeking a ready-to-run, high-potential business. Replicating this level of setup today would require substantial time, effort, and investment. Remaining lease term is 3 + 5 years with a low rent (including TMI) of $7,300 (unchanged until April 2028). Please do NOT go direct and do not approach staff.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
2500 sq. ft. Sq Ft
Lot Depth:
260'7"
Lot Frontage:
160'
Water supply:
Municipal
Zoning:
Retail
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / 2025
Peel
Mississauga
Northeast
All Chattels and fixtures included. The store currently makes sales through walk-in customers and online delivery platforms like Uber, Door dash and Skip the Dishes.
Seller's office setup.
Energy Certification:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11-11
Employees:
4
Chattels:
Yes
LLBO:
Yes
Seats:
75
Date Listed:
Nov 21, 2025
Original Price:
Previous Price:
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Listed by SEARCH REALTY
Data was last updated November 21, 2025 at 05:15 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.