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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Main Photo: A9 50 Dr Kay Drive in King: Schomberg Commercial for sale : MLS®# N13822512
Photo 1: A9 50 Dr Kay Drive in King: Schomberg Commercial for sale : MLS®# N13822512
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13822512
Exceptional opportunity to own a fully improved commercial retail unit and operating business in a modern, high-traffic plaza at the prominent intersection of Highway 27 and Highway 9 in Schomberg. Unlike a typical shell unit, this professionally renovated space is fully equipped and operational, featuring a commercial kitchen, accessible washroom, retail area, hot table service area, and extensive leasehold improvements already in place. Currently operating as a successful grocery and prepared food business, the property offers tremendous flexibility for a variety of uses. Continue operating the existing business, expand the current concept, or repurpose the space for a restaurant, take-out establishment, specialty food market, cafe, deli, or other permitted commercial use. The existing commercial kitchen infrastructure significantly reduces the time and cost required to launch a new venture. Located within a busy retail plaza anchored by national and established tenants including Tim Hortons, McDonald's, LCBO, Petro-Canada, and Foodland, the property benefits from strong daily traffic, excellent visibility, ample parking, and prominent signage opportunities. Surrounded by established residential neighbourhoods and a growing population base, this location provides consistent customer traffic and long-term growth potential. Whether you are an owner-operator looking to acquire a turnkey business and real estate opportunity, or an investor seeking a well-positioned commercial asset in a thriving community, this property offers exceptional value and versatility in one of Schomberg's most desirable commercial corridors.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
1166 sq. ft. Square Feet
Total Area:
1,166 sq. ft.
Retail Area:
1166 sq. ft. Sq Ft
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$7,906 / 2026
Assessment:
$- / -
York
King
Schomberg
Major Highway, Recreation/Community Centre
Yes
Commercial Kitchen Equipment, Commercial Exhaust, Commercial Fridges, Commercial Hot Table, Storage Racks (All Equipment is available for Purchase Separately)
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Commercial Condo
Date Listed:
Sep 24, 2026
Original Price:
Previous Price:
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Listed by NEST SEEKERS INTERNATIONAL REAL ESTATE
Data was last updated September 24, 2026 at 04:15 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.