$1,999,000
Est. payment $8,851/moCalculate yours
8 Nipigon Avenue, Markham, ON L6C 0X7
Berczy, Markham, ON L6C 0X7
- 6 Beds
- 7 Baths
- 2 Garage
- 3,500 Sq Ft
Listing courtesy of KW Living Realty MLS® N13765628
About this home
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 withabundant 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 ultimateprivacy. 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 supplementaryincome, 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&TSupermarket, New Kennedy Square, Markville Mall & Angus Glen CCA rare opportunity to secure a multi-use property in one of Markham’s most covetedneighborhoods.
Property details
Overview
- Property Type
- Att/Row/Townhouse
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 7
- Kitchens
- 2
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Flat
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 22.17 x 95.2 Feet
- Parking
- Built-In garage · 2 total
- Zoning
- CA3
Financial
- Property Taxes
- $11,326 (2025)
Location
- Neighbourhood
- Berczy
- Cross Street
- 16th Av & Kennedy
- Direction Faces
- North
Listing
- MLS® Number
- N13765628
- Days on Market
- 38
- Listed On
- 2026-09-10
- Possession
- Flexible
- Listed By
- KW Living Realty
Rooms
Features
Interior
- Water Heater
Property
- Golf
- Greenbelt/Conservation
- Park
- School
- School Bus Route
Pool
- None
- Included
- 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
Mortgage calculator
Estimated mortgage payment
$8,851 per month
- Principal and interest
- $8,851
- Property tax
- $944
- Condo fees
- $0
- Estimated monthly cost
- $9,795
Your mortgage
- Mortgage amount
- $1,599,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,056,142
Cash to close
- Down payment
- $399,800
- Land transfer tax
- $36,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $436,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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