8 Nipigon Avenue, Markham, ON L6C 0X7
$1,999,000
$1,999,000

8 Nipigon Avenue

Berczy, Markham, York $1,999,000

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7 Baths
Double Detached Garage
Parking for 2
Zoning: CA3
MLS®#:
N13157794
Property Type:
Store W Apt/Office
Property Style:
Area:
York
Community:
Berczy
Taxes:
$11,326.4 / 2025
Added:
May 21 2026
Lot Frontage:
22.17
Lot Depth:
95.2
Status:
Active
Outside:
Year Built:
6-15
Brokerage:
KW Living Realty
Lot :

95

22

Intersection:
16th Ave & Kennedy
Rooms:
Bedrooms:
Bathrooms:
7
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

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.

All window coverings, 3 AC, 3 Water and Hydro Meters. 2 Fridges, 2 Stoves, 2 Dishwashers, 2 washers and 2 Dryers.

Insights

  1. Strong Income Potential: The property currently generates over $100,000 in annual rental income from three units, making it an attractive investment opportunity for buyers looking for cash flow.
  2. Prime Location: Situated in the prestigious Berczy Village, the property benefits from high visibility, proximity to public transit, and nearby amenities such as TnT Supermarket and Markville Mall, enhancing its appeal for both residents and businesses.
  3. Versatile Living and Working Space: The unique layout includes a commercial unit and two residential townhouses, offering flexibility for buyers who want to live and work in the same location or utilize the space for multiple income streams.

Neighborhood Overview

Complete neighborhood profile for 8 Nipigon Avenue

Berczy home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Berczy
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)