
50 Karachi Drive
Markham (Cedarwood), ON L3S 0B5
YORK REGION STANDARDSee every listing here- 0Bedrooms
- 1Bathroom
- 0Parking
- 500–599Sq Ft
- $2,896Tax
- $217/moCondo Fee
- Estimated Value:$426,250See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 50 Karachi Drive, Markham, Cedarwood
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-03-07 | 2026-04-01 | Login to See Prices | Terminated | n12858108 |
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About 50 Karachi Drive, Markham, Cedarwood
Summarized Description
- Located in a prime commercial retail area.
- High visibility in a busy plaza.
- Multiple uses allowed including medical and personal services.
- Currently leased, providing immediate income.
- Surrounded by major retail stores and residential areas.
- Easy access to major highways for convenience.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,896
- Land Transfer Tax Fee
- $7,075
Condo/Maintenance Fee
- Maintenance Fee
- $217 /month
Included In Maintenance Fee
- Common Elements Included
- Parking Included
- Water Included
- None
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- None
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- None
Building
- Building Type
- Common Element Condo
- Building Style
- 1 Storey/Apt
- Building Name
- YORK REGION STANDARD
- Approx Age
- 6-10
- Condo Corp Number
- 1172
Construction
- Exposure
- South
- Exterior Finish
- Brick, Brick Veneer
- Special Designation
- Unknown
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Type
- Common
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Washrooms
- 1
Washrooms
- 2-piece, Flat
- Municipality
- Markham
- Neighbourhood
- Cedarwood
- Main cross streets
- MARKHAM RD & 14TH AVE
- Directions
- MARKHAM RD & 14TH AVE
- Waterfront
- None
- MLS® number
- N12858108
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-01
- Listed on
- 2026-03-07
- Days on market
- 25 days
- Possession date
- 2026-06-01
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- CENTURY 21 INNOVATIVE REALTY INC.
Home Market Value
Current home valuation for 50 Karachi Drive, Markham, Cedarwood, Markham, ON. Listed for $529,999
HOMEH Estimate
$426,250
Estimated Sales Range
$336,738 - $526,306
HOMEH Estimate for 50 Karachi Drive, Markham, Cedarwood
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $29,999 over $500K
$28,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,076 | $14,787 | $12,614 | $0 |
=Total mortgage | $521,985 | $491,786 | $463,113 | $423,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,549monthly | $2,401monthly | $2,261monthly | $2,070monthly |
Land Transfer Tax
$7,075
$7,075
Around this home
No schools found nearby
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