What is the difference between a commercial property and a residential property?

Ontario, Canada


The following excerpt is from Shcolyar v. 1241 Scaw Inc., 2019 ONSC 3701 (CanLII):

That this project offers greater flexibility to develop, does not take away its essential element as a commercial property, for development and thus, for profit. This does not mean that a commercial property can never be unique. Of course it can be, given the right facts, as in Mariani v. 7783963 Ontario Ltd., 2005 CanLII 39677, and also given the intention of the purchaser, as discussed in the case I reference below.

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