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.
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- N14115888
- Photos (40)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Commercial
- Property Sub Type:
- Store W Apt/Office
- Freestanding:
- Yes
- Approx. Age:
- 0-5
- Total Area:
- 2382 sq. ft. Square Feet
- Total Area:
- 2,382 sq. ft.
- Retail Area:
- 1577 sq. ft. Sq Ft Divisible
- Office/Apt Area:
- 805 sq. ft. Sq Ft
- Lot Depth:
- 100'
- Lot Frontage:
- 50'
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Zoning:
- C1-9
- Heating type:
- Gas Forced Air Open
- Clear Height:
- 5'10"
- Garage:
- None
- Parking Spaces:
- 6
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $10,932.1 / 2025
- Assessment:
- $- / -
- York
- Georgina
- Sutton & Jackson's Point
- Public Transit
- No
- All Elfs, Panel Ready Fridge, Panel Ready Dishwasher, Gas Range, Bar Fridge, Surveillance Cameras & Hardware.
- Utilities:
- Yes
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Category:
- Store With Apt/Office
- Franchise:
- No
-
Welcome To 944 Lake Drive E! -
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- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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.
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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.