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.
6 bedrooms, 4 bathrooms, about 3,500 sq ft, works out to roughly $571 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 8 Nipigon Ave
Every detail from the listing, in one place.
Type
Townhouse
Style
3-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Att/Row/Townhouse
8 Nipigon Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13765628$1,999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 8 Nipigon Ave Compares to the Markham Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$9,820
/mo
based on the purchase price of $1,999,000
$399,800 cash
$1,599,200 financed
$1,346,946 total interest
Principal54%$1,599,200
Interest46%$1,346,946
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Markham
Other 5-bed homes for sale in Markham around $2.0M.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio99.3%On average, homes sold below asking.
Active listings1,463Homes for sale here right now.
Median vs prior 90 days+1.9%Compared with May 7 – Aug 5, 2026: prices up.
Based on 1,282 sales from Aug 5 – Nov 3, 2026 (860 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
8 Nipigon Ave is listed at $1,999,000 (MLS® N13765628). Summitly updates the price as soon as the MLS® record changes.
Is $1,999,000 a good price for 8 Nipigon Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Markham. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 8 Nipigon Ave changed?
No — 8 Nipigon Ave is still listed at its original asking price of $1,999,000.
How many bedrooms and bathrooms does 8 Nipigon Ave have?
8 Nipigon Ave has 6 bedrooms and 4 bathrooms, with about 3,500–5,000 square feet of living space. It is a townhouse in Markham.
Is 8 Nipigon Ave close to transit?
The nearest rapid-transit station is Centennial GO Station (Stouffville GO), about 2.2 km in a straight line. Unionville GO Station is about 3.3 km, and Markham GO Station is about 4.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 8 Nipigon Ave?
About $9,820 a month — principal and interest on $1,999,000 with 20% down ($399,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 8 Nipigon Ave compare with other homes in Markham?
Its asking price of $1,999,000 is about 83% above the median sold price in Markham over the last 90 days, $1,095,000, across 1,282 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 8 Nipigon Ave been sold before?
Summitly has no earlier MLS® sale or lease of 8 Nipigon Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 8 Nipigon Ave?
8 Nipigon Ave is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8 Nipigon Ave been on the market?
54 days — 8 Nipigon Ave was listed on September 10, 2026.
What is the price per square foot of 8 Nipigon Ave?
About $400 to $571 per square foot: the asking price of $1,999,000 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 8 Nipigon Ave have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.