8 Nipigon Avenue, Markham, ON

$2,150,000
MLS#:N13157794
0 beds
7 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] store w apt/office located in the coveted neighborhood of Berczy. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,150,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 7 Bathrooms
  • Premium 22.17 x 95.2 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient double detached garage included
  • equipped with ["yes"] central cooling and highly efficient gas forced air open heating

Welcome to 8 Nipigon Avenue, a rare and highly sought-after multiplex property in the heart of Markham's prestigious Berczy Village. ONE commercial unit on the main floor, plus TWO 3-bedroom, 3-bathroom back-to-back townhouses with separate entry and separate address (5 & 7Jaffna Lane) . Total 4568 sqft. No monthly POTL fee! Perfect for Work from Home lifestyle or as income-generating rentals. Current receive over $100,000 annual rental income from the 3units. High-visibility street-level retail/office space with abundant of free pubic parking in the Berczy Square park. Public transit at the door. Pierre Elliott Trudeau High School. Close to TnT Supermarket, New Kennedy Square, Markville Mall, Angus Glen CC. Ideal for investors, end-users seeking supplementary income, or business owners wanting to live and work in one location.

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Key Features

Bathrooms
7
Property Type
Commercial

Additional Details

StatusActive
Listed Date5/21/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeStore W Apt/Office
Lot Size22.17 × 95.2 Feet
CountyYork
Annual Tax$11,326.4
Legal DescriptionPART BLOCK 26 PLAN 65M4429, PARTS 2 & 3 65R37461 SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR2350701 TOGETHER WITH AN EASEMENT OVER PART BLOCK 26 PLAN 65M4429, PART 5 65R37461 AS IN YR3008252 SUBJECT TO AN EASEMENT OVER PART 3 65R37461 IN FAVOUR OF PART BLOCK 26 PLAN 65M4429, PARTS 4 & 5 65R37461 AS IN YR3008252 CITY OF MARKHAM

Parking & Garage

Garage Spaces2
Garage TypeDouble Detached

Heating & Cooling

Heat TypeGas Forced Air Open
Cooling["Yes"]

Features

Property Features

Community Features

Major Highway, Public Transit

Location

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8 Nipigon Avenue, Markham, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Berczy, Markham.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$1,207,265

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

William Berczy
PublicWilliam Berczy Boulevard, Unionville, Markham, Ontario, L3R 0K6
9.1
Stonebridge
PublicStonebridge Drive, Markham, Ontario, L6C 2Z8
9.1
All Saints
Public130 Castlemore Avenue, Markham, Ontario, L6C 2P9
9.1
Beckett Farm
Public78 Beckett Avenue, Unionville, Markham, Ontario, L6C 0T3
8.1
Fred Varley
Public81 Alexander Lawrie Avenue, Markham, Ontario, L6E 0J8
7.6

Secondary Schools

Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5
Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 8 Nipigon Avenue, Markham, ON L6C 0X7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,720,000
Monthly Mortgage$9,994
Property Tax (Est.)$944
Utilities & Maint.$350
Total Monthly Cost$11,288

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Markham.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.