How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
7 Bath Commercial Property in Markham
About 8 Nipigon Avenue
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.
Markham commercial priced at $1,999,000 — book a tour to see if it fits your search.
Inside 8 Nipigon Ave
Every detail from the listing, in one place.
Type
Commercial
Features & systems
Lot & land
Lot size (sqft)
2110
Listing & possession
Property class
Store W Apt/Office
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® N13765890$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.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio99.3%On average, homes sold below asking.
Active listings1,476Homes 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® N13765890). Summitly updates the price as soon as the MLS® record changes.
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 7 bathrooms. It is a commercial property 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 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 land transfer tax on 8 Nipigon Ave?
About $36,455 in Ontario land transfer tax at the asking price of $1,999,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 8 Nipigon Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 8 Nipigon Ave?
The listing for 8 Nipigon Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Markham.
When was 8 Nipigon Ave built?
The listing for 8 Nipigon Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.