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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N/A Major Mackenzie Drive E
Rural Markham Markham L3P 3J3

$1,000,000 /For Sale
Commercial

Main Photo: N/A Major Mackenzie Drive E in Markham: Rural Markham Commercial for sale : MLS®# N13714212
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13714212
Approximately 1.5 acres of vacant land located on Major Mackenzie Drive East in the City of Markham, just northwest of Major Mackenzie Drive East and Delray Drive. Rare opportunity to acquire a large parcel in one of Markham's most desirable areas. Property being sold under Power of Sale on an "as is, where is" basis without representation or warranty by the Seller. Buyer to complete their own due diligence regarding zoning, permitted uses, development potential, servicing, environmental matters, conservation authority requirements and all governmental approvals.
Property Type:
Commercial
Property Sub Type:
Land
Total Area:
65340 sq. ft. Acres
Total Area:
1.5 acre(s)
Lot Depth:
230'
Lot Frontage:
285'
Lot Shape:
Irregular
Water supply:
None
Zoning:
GWY1 & GWY2
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$4,131.31 / 2026
Assessment:
$- / -
York
Markham
Rural Markham
Utilities:
None
Sewers:
None
Seller Property Info Statement:
No
Category:
Raw (Outside Off Plan)
Date Listed:
Aug 26, 2026
Original Price:
Previous Price:
  • Photo 1: N/A Major Mackenzie Drive E in Markham: Rural Markham Commercial for sale : MLS®# N13714212
    Photo 1 of 1
Listed by ANCHOR NEW HOMES INC.
Data was last updated August 26, 2026 at 06:15 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.