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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Unit 104-105 3621 Highway 7
Unionville Markham L3R 0G6

$1,499,000 /For Sale
Commercial

Main Photo: Unit 104-105 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N12471180
Photo 1: Unit 104-105 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N12471180
Photo 2: Unit 104-105 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N12471180
Photo 3: Unit 104-105 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N12471180
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12471180
Bus Major:
Retail Store Related
Introducing an income-producing ground level retail property at 3621 Highway 7, Markham generating approximately $65,000 net operating income - an exceptional investment opportunity in one of the GTA's most dynamic growth areas. This is a turnkey retail investment with secure rental income today and strong appreciation potential for the future. Located in the heart of Unionville. Prime exposure on Highway 7 with consistent pedestrian and vehicular traffic. Modern, ground-level retail unit with excellent accessibility. Surrounded by high-density residential, office, and commercial developments. Close proximity to VIVA transit, Unionville GO, and major highways (404 & 407).Office Lobby Access With Surface & Underground Parking. Accessible & Connected - Steps from VIVA transit and minutes to 404/407 & Unionville GO. Parking: The site offers 720 underground parking spots and 125 surface parking spaces.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
1608 sq. ft. Square Feet
Total Area:
1,608 sq. ft.
Retail Area:
100 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
RETAIL
Heating type:
Gas Forced Air Closed
Garage:
Underground
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$12,821 / 2025
Assessment:
$- / -
York
Markham
Unionville
Yes
Established tenant in place providing immediate rental income with lease until 2030 with yearly rent escalation. Must assume existing lease.
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$1,822.08
Major Business Type:
Retail Store Related
Category:
Retail
Date Listed:
Oct 20, 2025
Original Price:
Previous Price:
  • Photo 1: Unit 104-105 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N12471180
    Photo 1 of 3
  • Photo 2: Unit 104-105 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N12471180
    Photo 2 of 3
  • Photo 3: Unit 104-105 3621 Highway 7 in Markham: Unionville Commercial for sale : MLS®# N12471180
    Photo 3 of 3
Listed by BAY STREET GROUP INC.
Data was last updated October 21, 2025 at 12:15 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.

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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.