8 Nipigon Avenue
8 Nipigon Avenue
$1,999,000
$438/sq ft · 63 days on market
About This Listing
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.
| 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 a.m.