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For saleNew listingMLS® N14150466

8392 Kennedy Road 4, Markham, ON L3R 0W4

Unionville · L3R 0W4

$888,000

$1,071 / sq ft

Listed today

Total area
829 sf
Lot
18 × 46 ft

What's special

  • Outside/surface garage
  • Yes

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About this property

Excellent investment opportunity in the high-traffic New Kennedy Square plaza at Kennedy Rd & Hwy 7, one of Markham's busiest retail nodes. This approximately 829 sq ft commercial unit is currently tenant-occupied, offering immediate, stable cash flow from day one. Zoning permits a wide range of uses, including retail, restaurant, medical/wellness, professional services, and personal services, giving a future owner flexibility at lease renewal. The plaza offers plenty of outdoor parking and strong walk-in traffic, surrounded by dense residential neighbourhoods, and is minutes to Markville Mall, Downtown Markham, Hwy 407, and transit. A turnkey, income-producing asset in a fully active, high-demand plaza - ideal for an investor seeking a low-maintenance holding in a prime Markham location.

Property details

Property

Property type
retail
Interior size
829 sq ft
Lot size
18 × 46 ft
Zoning
H(SC1)
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$888,000
Property taxes
$6,196 / year (2026)
Price per sq ft
$1,071

Listing

MLS® number
N14150466
Status
For sale
Listed
November 4, 2026
Last updated
November 4, 2026
Listing brokerage
JDL REALTY INC.

Price & sale history

This property's sale history is hidden

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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 53% of comparable retail listings in Unionville are asking less.

$177KMedian $740K$2.48M
This home
$1,071 / sq ft
Comparable median
$718 / sq ft

Based on 15 comparable active retail listings in Unionville. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.2% · minimum $63,800
$63,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,557.14
Property tax (est.)
$516.33
Estimated monthly
$5,073

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
$14,235
Total due on closing
$14,235

An estimate on the asking price of $888,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of JDL REALTY INC.. 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.

$888,000

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