47 - 45 KARACHI DRIVE, Markham (Cedarwood)

$2,600/mo

For rent: Other

Other at 47 - 45 KARACHI DRIVE, Markham (Cedarwood)
Property type
Commercial Retail
MLS®
MLS® N13721550
Neighbourhood
Cedarwood

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.

Sold data

Homes in Cedarwood — recent sold market

Homes in Cedarwood took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 52, across 52 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.

The median sale price was $999,950.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 27% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$999,950
Sale-to-list ratio
96.8%
Sold above asking
27%

Based on 52 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Markham (Cedarwood)

Markham (Cedarwood) has 95 Fraser Institute–rated schools (76 elementary and 19 secondary), averaging 7.9/10.

Rated schools
95
Elementary
76
Secondary
19
Average rating
7.9 / 10

Top-rated schools in Markham (Cedarwood)

  • St. Augustine — secondary, MarkhamFraser rating 10.0/10
  • E T Crowle — elementary, MarkhamFraser rating 9.5/10
  • Pierre Elliott Trudeau — secondary, MarkhamFraser rating 9.5/10
  • Sainte-Marguerite-Bourgeoys — elementary, MarkhamFraser rating 9.5/10
  • Ashton Meadows — elementary, MarkhamFraser rating 9.4/10
  • Castlemore — elementary, MarkhamFraser rating 9.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 47 - 45 KARACHI DRIVE