8 Nipigon Avenue
Berczy / Markham, ON L6C 0X7
About This Property
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.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® N13157638
Listed by KW Living Realty
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$9,761
/month · $1,599,200 mortgage
Amortization
Total Interest
$1,329,214
Total Cost
$2,928,414
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
KW Living Realty