8 Nipigon Avenue
8 Nipigon Avenue
$1,999,000
63 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $8,709 |
| Property Tax (MLS) | $944 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $9,653 |
Down payment: $399,800 (20.0%) · Mortgage: $1,599,200
Property tax uses MLS annual tax of $11,326/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by KW Living Realty
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Data last updated: August 23, 2026 at 04:26 p.m.