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8 Nipigon Avenue

8 Nipigon Avenue

Markham, ON

  • 7 bath
  • 4,568 sqft
  • Store W Apt/Office
  • 115 days on market
$1,999,000Price reduced 7%

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. Abundant parking for the commercial unit.

Listing Details

Taxes (2025)
$11,326
Originally Listed
$2,150,000
Listed
May 21, 2026

Price History

Property

Age
6-15
Lot Size
22.17 x 95.2 Feet

Parking

Garage
Double Detached

Utilities

Sewer
Storm

Location & Legal

Cross Street
16th Ave & Kennedy
Zoning
CA3
Parcel Number
700111490
Possession
60-89 days
Occupancy
Tenant

Commercial

Office / Apartment Area
3345 Sq Ft

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
Hot Water Tank

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

Commercial 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 commercial properties in Markham over the last 12 months.

Listed by

KW Living Realty

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,568 sq ft
Price per sq ft
$437.61
Annual property tax
$11,326
Tax per sq ft
$2.48

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Current receive over $100,000 annual rental income from the 3units.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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