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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(NE-4) LEVEL 1, UNIT 12 9205 Yonge Street
North Richvale Richmond Hill L4C 1V5

$301,000 /For Sale
Commercial

Main Photo: (NE-4) LEVEL 1, UNIT 12 9205 Yonge Street in Richmond Hill: North Richvale Commercial for sale : MLS®# N13775518
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13775518
Bus Major:
Retail Store Related
Excellent opportunity to own a versatile commercial unit in a prime Yonge Street location! NE4 (Level 1, Unit 12) at 9205 Yonge Street offers approximately 301 sq. ft. of commercial space in the highly desirable Yonge & 16th Avenue area of Richmond Hill. Zoned for a variety of permitted uses, including office, retail, medical and café, offering flexibility for a wide range of businesses and professionals. * For buyers requiring additional space, NE4 may also be combined with adjacent units NE3 and NE2, providing the opportunity to create a larger commercial footprint to suit your business needs. * Convenient underground parking is available on a first-come, first-served basis and requires registration through a QR code. Ideally situated in a high-traffic, well-established area surrounded by residential condominiums, businesses, shops and services, with convenient access to public transit and major routes. * Unit is being sold in "As-Is, Where-Is" condition. An excellent opportunity for an owner-user, professional, retailer or investor looking for a flexible commercial space in a sought-after Yonge Street location.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Approx. Age:
6-15
Total Area:
301 sq. ft. Square Feet
Total Area:
301 sq. ft.
Retail Area:
301 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:
$4,364.27 / 2026
Assessment:
$- / -
York
Richmond Hill
North Richvale
Yes
N/A
N/A
N/A
Public
No
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Retail Store Related
Category:
Retail
Franchise:
No
Days Open:
Varies
Chattels:
No
Date Listed:
Sep 12, 2026
Original Price:
Previous Price:
  • Photo 1: (NE-4) LEVEL 1, UNIT 12 9205 Yonge Street in Richmond Hill: North Richvale Commercial for sale : MLS®# N13775518
    Photo 1 of 1
Listed by CENTURY 21 HERITAGE GROUP LTD.
Data was last updated September 12, 2026 at 02:15 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.

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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.