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:  in Mississauga: Lakeview Commercial for sale : MLS®# W13106300
Photo 1:  in Mississauga: Lakeview Commercial for sale : MLS®# W13106300
Photo 2:  in Mississauga: Lakeview Commercial for sale : MLS®# W13106300
Photo 3:  in Mississauga: Lakeview Commercial for sale : MLS®# W13106300
Photo 4:  in Mississauga: Lakeview Commercial for sale : MLS®# W13106300
Photo 5:  in Mississauga: Lakeview Commercial for sale : MLS®# W13106300
Photo 6:  in Mississauga: Lakeview Commercial for sale : MLS®# W13106300
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13106300
Bus Major:
Service Related
A Rare Prime Opportunity Awaits the Desirable Lakeview Community of Mississauga. Prime Corner Development Property Across from Lakeview Village Offering a Wealth of Possibility for Developers/Builders. Great Property and Opportunity for End Users, Investors, Builders and Developer. ****USE YOUR IMAGINATION** Seniors, Affordable Housing, Condo, Boutique Condo, Townhomes, Retail. **** Transit at Doorstep. Close To Hywy, Downtown Toronto and all other amenities. Presently Leased out to Restaurant with Ample Parking. This property is Primed for Commercial or Mixed-Use Opportunities making it A Strategic Investment in a High Demand Area Using Your Envision. $$$Adjacent Corner Property approved for a development proposal of 4 storey mixed-use building with 12-3 bedroom units, Ground Floor Commercial/Retail and 16 Parking Space totaling 26,541 Sq. Ft. GFA. on a 95 ft frontage$$$ All documents, leases, Phase 2 environmental available upon acceptance of conditional offer. SURVEY ATTACHED. SELLER OPEN TO CONSIDER VTB.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
15551 sq. ft. Acres
Total Area:
15,550.92 sq. ft.
Retail Area:
0 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
144'5⅞"
Water supply:
Municipal
Zoning:
AC5
Heating type:
Gas Forced Air Closed
Survey Available:
Yes
Garage:
None
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$30,074.52 / 2026
Assessment:
$- / 2025
Peel
Mississauga
Lakeview
Partial
Tenant's Personal Belongings and Equipment
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Service Related
Category:
Service
Date Listed:
May 09, 2026
Original Price:
Previous Price:
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Listed by KINGSWAY REAL ESTATE
Data was last updated May 9, 2026 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.