$529,999Asking Price
50 Karachi Drive, Markham, ON L3S 0B5
Cedarwood, Markham
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.
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.
See MoreKey Info
- Other Condo
- No Parking
- No Garage
- MARKHAM RD & 14TH AVE
- 500-599 Approximate Sq Feet
- 6-10 Years Approximate Age
- South Exposure
- No Balcony
- No Ensuite Laundry
- No Locker
- Forced Air Gas Heating
- Central Air
Property
- $216 Monthly Condo Fees
- Includes: Water, Common Elements, Parking.
- Excludes: Heat, Hydro, Cable TV, Central A/C, Building Insurance
- Taxes were $2,896 in 2025
- Possession: TBA
Details
- Brick Exterior
- No Fireplace
- No Kitchen
- Condo Corporation #1172
- Condo Registry Office: N/A
- MLS #N12858108
- CENTURY 21 INNOVATIVE REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 2-Piece Bathroom in Flat | |||
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Who lives here?
Cedarwood, Markham is a north GTA neighbourhood notable for its salespeople, tradespeople and manufacturing workers. It has a higher than average population of immigrants, particularly those from India, Pakistan and Sri Lanka, and Urdu, Tamil and Gujarati speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 25 to 34, 25 to 34 and 25 to 34.
Families
Kids Per Family
1.9
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
38%
of residents are
single and loving it.
38% singles
Markham (39%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
11%
of residents
are renters.
11% renters
Markham (15%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
36%
of residents are
university grads.
36% university grads
Markham (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$120K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 19% |
| Business | 11% |
| Sciences | 8% |
| Manufacturing | 7% |
| Trades | 6% |
Immigrants
67%
of residents were
born outside of Canada.
67% immigrants
Markham (60%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
19.1% from Sri Lanka
All-time
Birthplace - Recent
1.6% from Sri Lanka
Recent
Foreign Languages
Foreign Languages
| Tamil | 24% |
| Gujarati | 8% |
| Urdu | 8% |
| Mandarin | 7% |
| Cantonese | 5% |
Religions
Religions
| Hindu | 43% |
| Christian | 28% |
| Muslim | 15% |
| Sikh | 3% |
| Buddhist | 3% |
