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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A1 8392 Kennedy Road
Unionville Markham L3R 0W4

$309,000 /For Sale
Commercial

Main Photo: A1 8392 Kennedy Road in Markham: Unionville Commercial for sale : MLS®# N13611168
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13611168
Bus Major:
Restaurant
Situated in a high-traffic commercial plaza at the prominent intersection of Kennedy Rd & Hwy 7, this established restaurant enjoys outstanding exposure and is surrounded by mature residential neighbourhoods, high-density communities, retail businesses, and professional offices, providing a strong and loyal customer base with consistent daily foot traffic. Recently renovated and well maintained, the premises feature a fully equipped commercial kitchen, walk-in cooler, and two commercial exhaust hoods, offering a turnkey opportunity for a wide range of restaurant concepts, including Chinese cuisine, Asian fusion, BBQ, hot pot, café, or other food service operations (subject to landlord approval). Excellent layout with quality leasehold improvements, making it ideal for both experienced operators and entrepreneurs looking to establish or expand their business in one of Markham's most sought-after commercial corridors. Don't miss this outstanding opportunity to own a turnkey restaurant in a thriving and rapidly growing community.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1000 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Plaza
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
York
Markham
Unionville
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11:00am -10:00pm
Employees:
4
Chattels:
No
LLBO:
No
Seats:
30
Date Listed:
Jul 28, 2026
Original Price:
Previous Price:
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Listed by BAY STREET GROUP INC.
Data was last updated July 29, 2026 at 06:15 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.