For saleMLS® N13721550

47 - 45 Karachi Drive, Markham, ON L3S 0B5

Cedarwood, Markham · Near MARKHAM / KARACHI · View map

$2,600
600Sq ft
Commercial retailType
Outside/SurfaceGarage
NoneParking
$3,200/yrTaxes
$2,600
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing

About this home

Located in the heart of Markham, this well-positioned ground-floor retail unit offers an excellent opportunity for businesses seeking visibility, accessibility, and convenience. Situated within a busy shopping centre, the property benefits from strong pedestrian traffic, excellent vehicle exposure, and ample complimentary parking for customers and clients. The unit features a finished washroom and a separate corner office, providing a practical layout for a variety of business needs. With quick and convenient access to Highway 407, the location is easily accessible from surrounding neighbourhoods. The property is also surrounded by major retailers including Costco, Walmart, Canadian Tire, and Home Depot, creating a strong and established commercial environment. This versatile space is ideal for healthcare and dental services, real estate and mortgage offices, insurance and accounting firms, travel agencies, immigration consultants, legal services, tutoring and music schools, electronics and mobile retailers, and many other professional or retail uses. This is a great opportunity to establish your business in a high-traffic Markham location with excellent exposure and strong potential for long-term growth.

The home

Type
Commercial retail
Square footage
600 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Yes

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$3,200/yr
Tax year
2025
Occupancy
Vacant
Possession
Immediate
Cross street
MARKHAM / KARACHI
Neighbourhood
Cedarwood

More

MLS® number
N13721550

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Want to know something that isn’t listed?
Estimated monthly cost$277per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    45 Karachi Drive, Markham, ON L3S 0B5

    Cedarwood, Markham · Near MARKHAM / KARACHI

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    Sold history

    Listing history for 45 Karachi Drive

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 47 - 45 Karachi Drive

    Answers come straight from this home’s MLS® listing.

    How much is 47 - 45 Karachi Drive listed for, and what would it cost each month?

    47 - 45 Karachi Drive is listed for $2,600. With 20% down ($520), the mortgage payment would be roughly $10 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $277 a month, all in. That figure is an illustration, not a quote.

    Is 47 - 45 Karachi Drive freehold or a condo, and is there a monthly fee?

    47 - 45 Karachi Drive is a commercial retail in Cedarwood, Markham. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 47 - 45 Karachi Drive have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is 47 - 45 Karachi Drive?

    47 - 45 Karachi Drive is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 47 - 45 Karachi Drive heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for 47 - 45 Karachi Drive?

    Property taxes are $3,200 a year (2025), or about $267 a month.

    Where is 47 - 45 Karachi Drive?

    47 - 45 Karachi Drive is in the Cedarwood community of Markham. The nearest main intersection is MARKHAM / KARACHI. The postal code is L3S 0B5.

    Is 47 - 45 Karachi Drive still for sale?

    Yes. It is an active listing (MLS® N13721550). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 47 - 45 Karachi Drive asking?

    Similar properties for sale nearby right now include 1 - 15 Karachi Drive at $2,599, 228 - 7325 Markham Road at $2,349 (1+1 bed) and 509 - 7325 Markham Road at $2,700 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 45 Karachi Drive sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 47 - 45 Karachi Drive?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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