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For saleMLS® N13578054

50 Karachi Drive 62, Markham, ON L3S 0B6

Cedarwood · L3S 0B6

$225,000

$225 / sq ft

3 months on market

Bathrooms
1
Total area
1,000 sf
0
Age
16-30 years

What's special

  • Plaza garage
  • Yes

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About this property

Prime Newly Renovated Commercial Retail unit in a high-traffic plaza at Markham Rd & Karachi Dr. Approx.1000 Sq. Ft. main floor unit with excellent visibility and ample surface parking. Over 16 Years Successful Medical, Massage & Physiotherapy Service Business - great investment turn over opportunity with over 1000 clientele, 4 spacious rooms, one handicap access washroom with laundry on site. Multiple permitted uses including medical (dental, walk-in clinic, pharmacy), personal services (salon, nail, medical spa), and professional office (lawyer, real estate, mortgage, accountant, etc.). Minutes to Hwy 407 & 401. Located in a rapidly growing corridor surrounded by established residential communities and major retail anchors including Costco, Home Depot, Staples, Royal Bank of Canada, Canadian Tire, Shoppers Drug Mart, and TD Bank. Excellent opportunity in a thriving commercial hub. Rent is $6000 + HST, all Utilities are not included, landlord is open for new lease agreement.

Property details

Property

Property type
business
Bathrooms
1
Interior size
1,000 sq ft
Year built
16-30
Zoning
COMMERCIAL/ RETAIL
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Plaza

Costs

List price
$225,000
Property taxes
$9,000 / year (2025)
Price per sq ft
$225

Listing

MLS® number
N13578054
Status
For sale
Listed
July 17, 2026
Days on market
110
Last updated
August 27, 2026
Listing brokerage
SUPERSTARS REALTY LTD.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 68% of comparable business for sale listings in Markham are asking less.

$30KMedian $134K$598K
This home
$225 / sq ft
Comparable median
$131 / sq ft

Based on 82 comparable active business for sale listings in Markham. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $11,250
$11,250
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,181.86
Property tax (est.)
$750.00
Estimated monthly
$1,932

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$1,975
Total due on closing
$1,975

An estimate on the asking price of $225,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of SUPERSTARS REALTY LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$225,000

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Nearby sold prices are hidden

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