Berczy, Markham, L6C 0X7
Description
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.
Features
- Facing: North
- Bedrooms: 6
- Bathrooms: 7
- Garages: 2
- Kitchens: 2
Details
- Lot size: 22.17 x 95.20 Feet
- Space: 3500-5000
- Tax: $ 11326.40
- N13765628
- Listing contracted with: KW Living Realty
| Room | Size(M) | Description | |
|---|---|---|---|
| Living Rm | 4.76x3.11 | W/O To Balcony, Pot Lights, Hardwood Floor |
|
| Dining Rm | 3.90x3.00 | Centre Island, Pot Lights, Hardwood Floor |
|
| Kitchen | 3.97x2.62 | Open Concept, Centre Island, Pot Lights |
|
| Primary B | 4.61x3.54 | Walk-In Closet(s), 4 Pc Ensuite, Broadloom |
|
| 2nd Br | 3.66x2.44 | Window, Walk-In Closet(s), Broadloom |
|
| 3rd Br | 2.75x2.44 | Closet, Window, Broadloom |
|
| Living Rm | 5.92x5.15 | Combined w/Dining, W/O To Balcony, Hardwood Floor |
|
| Dining Rm | 5.92x5.15 | Combined w/Dining, Pot Lights, Hardwood Floor |
|
| Kitchen | 5.28x3.63 | Centre Island, Stainless Steel Appl, Ceramic Floor |
|
| Primary B | 4.27x3.60 | Walk-In Closet(s), 4 Pc Ensuite, Broadloom |
|
| 2nd Br | 3.42x2.44 | Window, Closet, Broadloom |
|
| 3rd Br | 4.27x2.44 | Closet, Combined w/Sitting, Broadloom |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 2 pcs | ||
| 2xBaths | 2 pcs | Second |
|
| 4xBaths | 4 pcs | Third |
Property Summary
Located close to the intersection of 16th Av & Kennedy, 8 Nipigon Ave is a 6 bedrooms 7 washrooms Freehold Townhouse. The unit has a Double Built-In Parking Spaces. The property has many nice features including Water Heater. .Home Market Analysis
For Sale
For Lease
Comparable home values have decreased 10.7% compared with the same period last year.
Rent levels have decreased 5.4% compared with the same period last year.
How This Home Compares
Local Area Profile
This property is located in a predominantly owner-occupied residential area with a mix of detached homes and townhouses. Approximately 55% of residents hold a bachelor's degree or higher, while about 15% have a college credential. The large majority of local commuters travel by car.
School Information
Elementary Schools
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Home schoolRank: 118 out of 3022 (Score: 8.8)Distance to school: 0.8 km (~15 min walk)
-
French Immersion school
Rank: 751 out of 3022 (Score: 7.2)Distance to school: 5.8 km (~17 min drive) -
Rank: 751 out of 3022 (Score: 7.2)Distance to school: 4.7 km (~14 min drive)
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Distance to school: 2.0 km (~6 min drive)
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Catholic Gifted program school
Rank: 1 out of 3022 (Score: 10.0)Distance to school: 2.9 km (~9 min drive) Secondary Schools
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Home schoolRank: 12/746 (Score: 9.2) 5 year average: 10/746 (Score: 8.9)Distance to school: 1.0 km (~17 min walk)
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Rank: 12/746 (Score: 9.2) 5 year average: 10/746 (Score: 8.9)Distance to school: 1.0 km (~17 min walk)
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Arts program school
Rank: 24/746 (Score: 8.9) 5 year average: 9/746 (Score: 8.9)Distance to school: 3.1 km (~9 min drive) -
AP program school
Rank: 16/746 (Score: 9.1) 5 year average: 41/746 (Score: 8.2)Distance to school: 4.9 km (~15 min drive) -
Catholic Home school
Rank: 6/746 (Score: 9.6) 5 year average: 5/746 (Score: 9.0)Distance to school: 3.7 km (~11 min drive) -
Rank: 89/746 (Score: 8.0) 5 year average: 135/746 (Score: 7.3)Distance to school: 8.3 km (~25 min drive)
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Rank: 67/746 (Score: 8.2) 5 year average: 152/746 (Score: 7.3)Distance to school: 4.6 km (~14 min drive)
