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Level1,Unit18,Unit(SW-5) 9191 Yonge Street in Richmond Hill: North Richvale Commercial for sale : MLS®# N12841990

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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Level1,Unit18,Unit(SW-5) 9191 Yonge Street
North Richvale Richmond Hill L4C 1E2

$1,582,000 /For Sale
Commercial

Main Photo: Level1,Unit18,Unit(SW-5) 9191 Yonge Street in Richmond Hill: North Richvale Commercial for sale : MLS®# N12841990
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12841990
Bus Major:
Other
Welcome to SW5, Level 1, Unit 18, at 9191 Yonge Street, perfectly positioned at the bustling corner of Yonge and 16th Avenue in Richmond Hill. This prime 1,318 square foot street-level unit is a blank slate, never before occupied, offering you a unique chance to design your dream space.Located in one of Richmond Hill's most vibrant corridors, Yonge and 16th Avenue is a hub of energy-offering a rich mix of shops, dining, and services. With a versatile range of permitted uses, this unit is primed for a variety of business types.The location is unbeatable. Yonge and 16th Avenue is a highly sought-after address, drawing in steady foot traffic and benefiting from the surrounding retail and commercial amenities. The unit also includes approximately 48 underground parking spots, available on a first-come, first-served basis. A dedicated elevator provides seamless access from the parking garage to the lobby, where you can open the unit doors directly to the street.Plus, VTB is available, making financing even more flexible.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Approx. Age:
6-15
Total Area:
1318 sq. ft. Square Feet
Total Area:
1,318 sq. ft.
Retail Area:
1318 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial Condo
Heating type:
Gas Forced Air Closed
Garage:
Underground
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$15,601.4 / 2025
Assessment:
$- / -
York
Richmond Hill
North Richvale
Yes
Public
No
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Condo Fee:
$1,316.81
Major Business Type:
Other
Category:
Retail
Franchise:
No
Days Open:
Varies
Chattels:
No
Date Listed:
Mar 04, 2026
Original Price:
Previous Price:
  • Photo 1: Level1,Unit18,Unit(SW-5) 9191 Yonge Street in Richmond Hill: North Richvale Commercial for sale : MLS®# N12841990
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Listed by CENTURY 21 HERITAGE GROUP LTD.
Data was last updated March 6, 2026 at 04:15 AM (UTC)
DARYL KING
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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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.

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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.