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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97A 20 New Delhi Drive
Cedarwood Markham L1S 2R2

$2,699 /Gross Lease
Commercial

Main Photo: 97A 20 New Delhi Drive in Markham: Cedarwood Commercial for sale : MLS®# N13629284
Photo 1: 97A 20 New Delhi Drive in Markham: Cedarwood Commercial for sale : MLS®# N13629284
Photo 2: 97A 20 New Delhi Drive in Markham: Cedarwood Commercial for sale : MLS®# N13629284
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13629284
Position your business for success in this highly visible corner main-floor commercial unit, ideally located within a busy plaza offering excellent exposure, strong foot traffic, and ample on-site parking for both clients and staff. Designed with accessibility in mind, the space features a wheelchair-accessible washroom and with two entry doors, providing added convenience and flexibility for a variety of professional or retail uses. The main-floor location ensures easy access with no stairs, making it ideal for customers of all ages and abilities. ALL utilities, TMI, and taxes are included in the lease, offering predictable monthly operating costs and exceptional value. A fantastic opportunity for medical, professional, retail, or service-based businesses looking for a well-located, move-in-ready space.
Minimum Rental Term:
12
Maximum Rental Term:
60
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
430 sq. ft. Square Feet
Total Area:
430 sq. ft.
Retail Area:
400 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Retail
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
York
Markham
Cedarwood
No
All existing light fixtures and chattels
Equipment, inventory, furniture, display cases
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Category:
Retail
Franchise:
No
Employees:
0
Chattels:
No
LLBO:
No
Date Listed:
Aug 01, 2026
Original Price:
Previous Price:
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Listed by REMAX YOUR COMMUNITY REALTY
Data was last updated August 3, 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.