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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C 1331 Crestlawn Drive
Northeast Mississauga L4W 2P9

$599,000 /For Sale
Commercial

Main Photo: C 1331 Crestlawn Drive in Mississauga: Northeast Commercial for sale : MLS®# W12650964
Photo 1: C 1331 Crestlawn Drive in Mississauga: Northeast Commercial for sale : MLS®# W12650964
Photo 2: C 1331 Crestlawn Drive in Mississauga: Northeast Commercial for sale : MLS®# W12650964
Photo 3: C 1331 Crestlawn Drive in Mississauga: Northeast Commercial for sale : MLS®# W12650964
Photo 4: C 1331 Crestlawn Drive in Mississauga: Northeast Commercial for sale : MLS®# W12650964
Photo 5: C 1331 Crestlawn Drive in Mississauga: Northeast Commercial for sale : MLS®# W12650964
Photo 6: C 1331 Crestlawn Drive in Mississauga: Northeast Commercial for sale : MLS®# W12650964
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12650964
Bus Major:
Bar/Tavern/Pub
Turn-key, one-of-a-kind business opportunity to be your own boss today! Rack Billiards & Bar is the ultimate destination for entertainment, relaxation, and unforgettable experiences, offering pool tables, a vibrant bar atmosphere, and a lively sports bar show casing live games for fans to enjoy. This well-established venue also features a versatile event space ideal for private gatherings of 10 to 100 people, with total seating for approximately 100 patrons. According to the seller, the business generates approximately $70,000 in monthly sales and operates under a long-term lease with all-inclusive rent of $13,167 per month. Whether guests are enjoying drinks, friendly competition, or special events, Rack Billiards & Bar delivers nonstop energy, making this an exceptional opportunity for an owner-operator or investor.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
4918 sq. ft. Square Feet
Total Area:
4,918 sq. ft.
Retail Area:
4918 sq. ft. Sq Ft
Industrial Area:
0 sq. ft. Sq Ft
Office/Apt Area:
0 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
E2
Heating type:
Gas Forced Air Open
Clear Height:
16'
Garage:
Outside/Surface
Possession Details:
30-60 Days
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Peel
Mississauga
Northeast
Yes
None
No
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Condo Fee:
$0
Expenses Actual/Estimated:
Estimated
Year Expenses:
0
Major Business Type:
Bar/Tavern/Pub
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11 am to 3am
Employees:
4
Chattels:
Yes
LLBO:
Yes
Seats:
100
Date Listed:
Dec 28, 2025
Original Price:
Previous Price:
  • Photo 1: C 1331 Crestlawn Drive in Mississauga: Northeast Commercial for sale : MLS®# W12650964
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  • Photo 2: C 1331 Crestlawn Drive in Mississauga: Northeast Commercial for sale : MLS®# W12650964
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  • Photo 6: C 1331 Crestlawn Drive in Mississauga: Northeast Commercial for sale : MLS®# W12650964
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Listed by RE/MAX PRESIDENT REALTY
Data was last updated December 29, 2025 at 04:15 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.