MLS® listing
8 Nipigon Avenue: townhouse for sale
$1,999,000
From the listing brokerage
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.
Facts on the listing
| Square feet | 3500-5000 |
|---|---|
| Style | 3-Storey |
| Lot width | 22.17 |
| Lot depth | 95.2 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 2 |
| Garage | Built-In |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 2 |
| Property tax | $11,326 |
| Tax year | 2025 |
| Parking | Available |
| Interior features | Water Heater |
| Features | Golf, Greenbelt/Conservation, Park, School, School Bus Route |
| View | Park/Greenbelt, Pond |
Listing courtesy of KW Living Realty. MLS® N13765628.
About this townhouse
8 Nipigon Avenue is a 6 bedroom townhouse in TRREB's Berczy community in Markham, listed for sale at $1,999,000. The listing shows 7 bathrooms and 3500-5000 square feet. The lot is listed as 22.17 by 95.2 feet. It comes with 2 parking spaces according to the listing. The garage is listed as built-in. The nearest main intersection given is 16th Av & Kennedy.
These details come from the listing brokerage through TRREB's MLS® System and are not guaranteed. Measurements, parking and what is included should be checked at a showing and written into the agreement of purchase and sale.
What it costs to buy 8 Nipigon Avenue
At the asking price of $1,999,000, a buyer in Markham pays Ontario land transfer tax on closing. The City of Toronto is the Ontario municipality that charges a municipal land transfer tax of its own, so there is no second tax here.
| Asking price | $1,999,000 |
|---|---|
| Ontario land transfer tax | $36,455 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $399,800 |
The down payment figure is the federal minimum: 20 percent of the price, which applies at $1.5 million or more. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The tax is worked out at the published rates for a home with one or two single family residences and your lawyer confirms the final amount. Legal fees, title insurance and adjustments are extra: our closing costs guide lists them. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $11,326 a year, about $944 a month |
|---|
That is before a mortgage payment, home insurance and utilities. These are the figures on the listing, so check the current tax bill before you rely on them.
How the asking price compares
TRREB's Market Watch recorded 30 freehold townhouse sales in Markham in September 2026, at a median of $918,490 and an average of $977,959. This home is listed at $1,999,000, which is $1,080,510 above that median.
A city-wide median covers every size, age and neighbourhood, so it is a reference point and not a valuation of this home. Lot, size, condition and location all move the price. Our September 2026 market report and our Markham house prices page have the figures for each home type.
What to check before you make an offer
- Book a home inspection. An inspection looks at the parts of a house you cannot judge at a showing. Our guide explains what a home inspection covers and misses.
- Ask for the survey. The listing gives the lot as 22.17 by 95.2 feet. If the seller has a survey, check the lot lines, fences and any easements against it.
- Confirm what stays. Have the appliances, fixtures and any rented equipment written into the offer.
- Confirm the parking. The listing shows 2 parking spaces.
- Get your financing in writing. A lender looks at the property tax as well as the price.
- See it in person. photos do not show noise, light at different hours or the condition of the roof, the basement and the yard.
Our page on buying a home in Markham sets out the steps in order. This is general information, not legal advice. Confirm the details with a lawyer.
About Berczy Village
Newer detached and townhome stock on quiet crescents in north Markham, with parks and trails threaded through the neighbourhood.
Transit: YRT local routes, Mount Joy and Unionville GO both a drive away
| Property type | Median | Sales and average |
|---|---|---|
| All property types | $1,232,000 | 31 sales, average $1,274,993 |
| Detached | About $1,480,000 | 17 sales, average about $1,488,000 |
| Freehold townhouse (TRREB att/row/townhouse) | About $974,000 | 10 sales, average about $997,000 |
Figures from TRREB's community housing market report, as listed in our Berczy Village guide.
Questions about Berczy Village
How old is the housing stock?
Mostly late 1990s onward. That means newer mechanicals and fewer surprises than in Markham Village or Thornhill and it also means less mature landscaping.
Is there transit?
YRT local routes serve the area and connect to the Highway 7 corridor. There is no GO station inside the neighbourhood, so most commuters drive to Mount Joy or Unionville.
Read the Berczy Village neighbourhood guide · All Berczy Village homes for sale
Similar homes for sale in Berczy Village
$929,800Questions about 8 Nipigon Avenue
How much is land transfer tax on 8 Nipigon Avenue?
At the asking price of $1,999,000 the Ontario land transfer tax is $36,455. Markham has no municipal land transfer tax. A first-time buyer who qualifies can get up to $4,000 back. Confirm the final figure with your lawyer.
What is the minimum down payment for 8 Nipigon Avenue?
$399,800 at the asking price of $1,999,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 8 Nipigon Avenue?
The listing shows $11,326 a year for 2025, about $944 a month.
Is 8 Nipigon Avenue priced above or below the Markham median?
It is listed at $1,999,000. TRREB's September 2026 median for freehold townhouse sales in Markham was $918,490 across 30 sales, so the asking price is $1,080,510 higher. The median covers every size and neighbourhood.
How do I book a showing for 8 Nipigon Avenue?
Use the form on this page or call us. Quote MLS® N13765628. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 8 Nipigon Avenue still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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