8 Nipigon Avenue
Markham, ON
- 6 bed
- 7 bath
- approx. 3500-5000 sqft
- Att/Row/Townhouse
- 112 days on market
Welcome to 8 Nipigon Avenue - A Rare Investment Gem in Markham's Prestigious Berczy Village.This exceptional multiplex offers unmatched versatility with: ONE high-visibility commercial unit at street level - ideal for retail or office use with abundant free public parking in Berczy Square. TWO luxurious 3-bedroom, 3-bathroom back-to-back townhomes (5 & 7 Jaffna Lane) - each with separate entry and address for ultimate privacy. Total 4,568 sq ft of thoughtfully designed space. No monthly POTL fees! Currently generating over $100,000 annual rental income across all threeunits - perfect for investors seeking strong cash flow, end-users desiring supplementary income, or entrepreneurs ready to live and work in one prime location. Prime location withpublic transit at your doorstep. Zoned for Pierre Elliott Trudeau High School. Minutes to T&T Supermarket, New Kennedy Square, Markville Mall & Angus Glen CCA rare opportunity to secure a multi-use property in one of Markham's most coveted neighborhoods. Abundant parking for the commercial unit.
Listing Details
- Taxes (2025)
- $11,326
- Originally Listed
- $2,150,000
- Listed
- May 21, 2026
Price History
Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Flat
- Foundation
- Concrete
- Interior
- Water Heater
- Lot Size
- 22.17 x 95.2 Feet
Parking
- Garage
- Built-In
- Covered Spaces
- 2
- Total Parking
- 2
Utilities
- Water
- Water System
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- 16th Av & Kennedy
- Zoning
- CA3
- Parcel Number
- 700111490
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- All window coverings, 3 AC, 3 Water and Hydro Meters. 2 Fridges, 2 Stoves, 2 Dishwashers, 2 Washers and 2 Dryers.
- Rental Items
- 3 Hot water Tanks
Schools
Elementary
- Beckett Farm Public School0.4 km
Public · York Region DSB · 790 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 70% met the provincial standard
- Unionville Public School0.7 km
Public · York Region DSB · 355 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 67% met the provincial standard
- St Matthew Catholic Elementary School0.9 km
Catholic · York CDSB · 100 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 82% met the provincial standard
Secondary
- Pierre Elliott Trudeau High School1 km
Public · York Region DSB · 1865 students
Grade 10 literacy: 97% met the provincial standard
- Markville Secondary School1.9 km
Public · York Region DSB · 1575 students
Grade 10 literacy: 96% met the provincial standard
- Bill Crothers Secondary School2.5 km
Public · York Region DSB · 1575 students
Grade 10 literacy: 98% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L6C
- Population
- 51,738
- Private dwellings
- 16,291
- Median age
- 41.2
- Average household size
- 3.3
- Median household income
- $118,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Markham · last 12 months
- Median sold price
- $1,088,000
- Homes sold
- 2,957
- Median days on market
- 22
- Sale-to-list price
- 99.1%
Based on 2,957 recorded sales of residential freehold properties in Markham over the last 12 months.
Rooms
2-piece, 2 × 2-piece on Second, 4 × 4-piece on Third
Third
- Bedroom 212' x 8'
- Bedroom 211'3" x 8'
- Bedroom 314' x 8'
- Bedroom 39' x 8'
- Primary Bedroom14' x 11'10"
- Primary Bedroom15'1" x 11'7"
Second
- Dining Room12'10" x 9'10"
- Dining Room19'5" x 16'11"
- Kitchen17'4" x 11'11"
- Kitchen13' x 8'7"
- Living Room15'7" x 10'2"
- Living Room19'5" x 16'11"
Listed by
KW Living Realty
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$399,800
Estimated Monthly Payment
$9,820
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $9,820/mo (20% down, 5.5%)
Taxes: $944/mo · Insurance: $500/mo
Estimates only. Consult a financial advisor.
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