50 Karachi Drive, Unit 62, Markham, ON
GTA Transit & Commute from this Address
Realistic rush-hour travel times from 50 Karachi Drive
Unionville / Markham GO on Stouffville Line: 40 min to Union
Highway 404 & 407 ETR: 4–8 min drive
Pearson Airport (YYZ): 25–30 min drive via 407 ETR
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Cedarwood. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $225,000 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 1 Bathroom
- Spacious lot size measured in Feet
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Prime Newly Renovated Commercial Retail unit in a high-traffic plaza at Markham Rd & Karachi Dr. Approx.1000 Sq. Ft. main floor unit with excellent visibility and ample surface parking. Over 16 Years Successful Medical, Massage & Physiotherapy Service Business - great investment turn over opportunity with over 1000 clientele, 4 spacious rooms, one handicap access washroom with laundry on site. Multiple permitted uses including medical (dental, walk-in clinic, pharmacy), personal services (salon, nail, medical spa), and professional office (lawyer, real estate, mortgage, accountant, etc.). Minutes to Hwy 407 & 401. Located in a rapidly growing corridor surrounded by established residential communities and major retail anchors including Costco, Home Depot, Staples, Royal Bank of Canada, Canadian Tire, Shoppers Drug Mart, and TD Bank. Excellent opportunity in a thriving commercial hub. Rent is $6000 + HST, all Utilities are not included, landlord is open for new lease agreement.
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Property Summary
This sale of business located at 50 Karachi Drive, Markham is currently for sale and has been available for 122 days. This property is listed at $225,000 with an estimated mortgage of $749* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 50 Karachi Drive, Markham is in the Cedarwood neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cedarwood, Markham.
- •1 well-appointed bathroom
- •Desirable Sale Of Business architecture in Cedarwood, Markham
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
- Major Highway
- Public Transit
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Markham?
If you are looking for a house in Markham or researching Markham real estate for sale, this sale of business at 50 Karachi Drive, Unit 62, Markham, ON offers an exceptional opportunity to buy a home in Markham, Ontario. Whether you are a first-time Markham home buyer or comparing active Markham MLS® homes for sale, working with a dedicated Markham buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Markham realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Markham Buyer Budget & Costs
Estimated mortgage: $749*/month*. Estimated Ontario Land Transfer Tax: $1,975. First-time Markham home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Markham
Frequently Asked Questions about 50 Karachi Drive, Unit 62, Markham, ON
Q.What is the asking price for 50 Karachi Drive, Unit 62, Markham, ON ?
The current listing price for 50 Karachi Drive, Unit 62, Markham, ON in Cedarwood, Markham is $225,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 1 bathroom.
Q.What property type and architectural style is 50 Karachi Drive, Unit 62, Markham, ON ?
50 Karachi Drive, Unit 62, Markham, ON is a Sale Of Business () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Major Highway, Public Transit.
Q.What security features are installed at 50 Karachi Drive, Unit 62, Markham, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Cedarwood, Markham
10 assaults (45.0/100k)
11 B&E (40.0/100k)
18 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 50 Karachi Drive 62, Markham, ON L3S 0B6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $225,000 in Markham, the legal minimum down payment is $11,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,975 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,975.
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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.
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