62 - 50 Karachi Drive, Markham, ON L3S 0B6
Cedarwood, Markham · Near MARKHAM RD/NEW DELHI · View map
About this home
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.
The home
- Type
- Sale of business
- Square footage
- 1000 sq ft
- Bathrooms
- 1
- Approximate age
- 16-30 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Property taxes
- $9,000/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- MARKHAM RD/NEW DELHI
- Neighbourhood
- Cedarwood
More
- MLS® number
- N13578054
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
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.
50 Karachi Drive, Markham, ON L3S 0B6
Cedarwood, Markham · Near MARKHAM RD/NEW DELHI
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Listing history for 50 Karachi Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 62 - 50 Karachi Drive
Answers come straight from this home’s MLS® listing.
How much is 62 - 50 Karachi Drive listed for, and what would it cost each month?
62 - 50 Karachi Drive is listed for $225,000. With 20% down ($45,000), the mortgage payment would be roughly $908 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,658 a month, all in. That figure is an illustration, not a quote.
Is 62 - 50 Karachi Drive freehold or a condo, and is there a monthly fee?
62 - 50 Karachi Drive is a sale of business 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 62 - 50 Karachi Drive have a garage and parking?
Yes. The listing shows the garage as plaza. The listing does not include a parking space.
What style of home is 62 - 50 Karachi Drive?
62 - 50 Karachi Drive is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 62 - 50 Karachi Drive heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 62 - 50 Karachi Drive?
Property taxes are $9,000 a year (2025), or about $750 a month.
Where is 62 - 50 Karachi Drive?
62 - 50 Karachi Drive is in the Cedarwood community of Markham. The nearest main intersection is MARKHAM RD/NEW DELHI. The postal code is L3S 0B6.
Is 62 - 50 Karachi Drive still for sale?
Yes. It is an active listing (MLS® N13578054). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 62 - 50 Karachi Drive asking?
Similar properties for sale nearby right now include 2066 - 30 South Unionville Avenue at $219,999, 2066 - 30 South Unionville Avenue at $219,999 and 174 - 7181 E Yonge Street at $219,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 50 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 62 - 50 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.
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Commercial retail$219,900174 - 7181 E Yonge Street, MarkhamThornhillCourtesy of: RIGHT AT HOME REALTYView home →Courtesy of: SUPERSTARS REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.