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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96 20 New Delhi Road
Cedarwood Markham L3S 0B5

$1,000,000 /For Sale
Commercial

Main Photo: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
Photo 1: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
Photo 2: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
Photo 3: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
Photo 4: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
Photo 5: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
Photo 6: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
Photo 7: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
Photo 8: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
Photo 9: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13658246
Bus Major:
Retail Store Related
INVEST OPERATE GROW: PRIME CORNER COMMERCIAL UNIT IN MARKHAM -Position your business or investment in the heart of one of Markham's thriving commercial corridors. This high-visibility two-storey corner unit in Newton Square, strategically located at Markham Road & New Delhi Drive, combines established rental income, flexible occupancy and excellent exposure in one compelling property. Zoned for retail and professional office use, the well-maintained unit features separate entrances for each level, two washrooms and abundant natural light, offering excellent functionality for a variety of professional and commercial uses. The main level is leased to an established hearing aid clinic on a secure term, providing immediate and stable rental income. The upper level is available for owner occupancy or additional leasing, giving buyers the flexibility to operate their own business while earning rental income or lease both levels for greater investment potential. Located in a busy open plaza with ample free parking, Newton Square benefits from strong pedestrian and vehicular traffic and is surrounded by established residential communities, major retailers including Costco, The Home Depot and Canadian Tire, as well as leading financial institutions.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
1434 sq. ft. Square Feet
Total Area:
1,434 sq. ft.
Retail Area:
700 sq. ft. Sq Ft
Office/Apt Area:
700 sq. ft. Sq Ft
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
Plaza
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$6,323.7 / 2025
Assessment:
$- / 2025
York
Markham
Cedarwood
Yes
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Retail Store Related
Category:
Commercial Condo
Date Listed:
Aug 10, 2026
Original Price:
Previous Price:
  • Photo 1: 96 20 New Delhi Road in Markham: Cedarwood Commercial for sale : MLS®# N13658246
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Listed by RIGHT AT HOME REALTY
Data was last updated August 11, 2026 at 12:15 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.