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$515,000

Unit 58 - 50 Karachi Dr

Markham, ON L3S 0B6

Unit 58 - 50 Karachi Dr, Markham — Listed at $515,000 Commercial Retail. MLS® N12959884.

508Sq Ft
Retail Store Related
Commercial Retail
$2,896.26Taxes/yr · 2025
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Description

Prime commercial retail unit in a high-traffic plaza at Markham Rd & Denison St. Approx. 508 Sq. Ft. (as per builder's plan), main floor unit with excellent visibility and ample surface parking. 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.). Currently leased to a clothing store - great investment opportunity with existing tenant. 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.

Property Details

Property TypeCommercial Retail
CommunityCedarwood
Approximate Age0-5
Dir/Cross StMarkham & 14th
Garage TypeNone
Heating TypeGas Forced Air Open
A/CYes
Taxes (2025)$2,896.26
Maintenance Fee$216.81/Monthly
HSTIncluded In
SecurityNo
UFFINo
Listed Date4/6/2026
Days on Market220 days
Possession90 Days

Business Details

Property Sub-TypeCommercial Retail
Business TypeRetail Store Related
Property UseCommercial Condo
Occupant TypeTenant
FranchiseNo
Chattels IncludedNo
Financial StatementsNot Available
Showing RequirementsGo Direct
Possession Type60-89 days
Listing Expires9/30/2026

Commercial Space & Financials

Retail Area508 Sq Ft

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Listing Courtesy of: CENTURY 21 INNOVATIVE REALTY INC.

MLS® #N12959884

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Markham Real Estate

This Commercial Retail is located in the Cedarwood community in Markham. Markham is a tech and innovation hub in York Region, home to IBM Canada, AMD, and hundreds of startups along Highway 7. Unionville Main Street offers heritage charm, while newer communities in Cornell and Cathedraltown provide modern family living. The city consistently ranks among the safest in Canada with top-performing schools.

Tech corridor along Highway 7Historic Unionville Main StreetYork Region's top-ranked schoolsPacific Mall & Markville Shopping Centre
~50 min commute to downtown TorontoWalkability: Moderate — walkable near Unionville and downtown Markham
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