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 118 8763 Bayview Avenue
Doncrest Richmond Hill L4B 3V1

$83,600 /For Sale
Commercial

Main Photo: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
Photo 1: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
Photo 2: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
Photo 3: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
Photo 4: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
Photo 5: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
Photo 6: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12864960
Bus Major:
Grocery/Supermarket
VAPE SHOP FOR SALE* 5 years established steady customer base *Annual profit approx. 100000*Low rent 2060 per month gross to end of 2027 plus 3 years renew option *Stable cash flow easy to operate *Price does not include inventory calculated separately around $25000*Newly developed website for online sales * " Hold a tobacco License and Authorized to sell e- cigarettes from tobacco companies" Suitable for first time buyers or investors
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
290 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
commercial/ retail
Heating type:
Gas Forced Air Open
Garage:
Visitor
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
York
Richmond Hill
Doncrest
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Grocery/Supermarket
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
11am-10pm
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Mar 10, 2026
Original Price:
Previous Price:
  • Photo 1: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
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  • Photo 2: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
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  • Photo 3: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
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  • Photo 4: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
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  • Photo 5: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
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  • Photo 6: -Unit 118 8763 Bayview Avenue in Richmond Hill: Doncrest Commercial for sale : MLS®# N12864960
    Photo 6 of 6
Listed by DREAM HOME REALTY INC.
Data was last updated March 10, 2026 at 01:15 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.