$1,368,000Asking Price
123 Luzon Avenue, Markham, ON L6B 1N8
Cedar Grove, Markham
Don't miss this rare live/work freehold townhouse in a prime Markham location no maintenance fees! Offering approximately 3,000 sq. ft., this 2-unit property features a bright, street-level commercial space (approx. 1,000 sq. ft.), perfect for a small business, along with a spacious residential suite boasting 9-ft ceilings, ensuite laundry, and multiple balconies & terraces. Private entrances for each unit, plus a double garage and extended driveway. Steps to Longos, Walmart, banks, restaurants, transit, and just minutes from Hwy 407. Ideal for business owners, multi-generational families, or investors, with potential rental income exceeding $5,500/month!
Don't miss this rare live/work freehold townhouse in a prime Markham location no maintenance fees! Offering approximately 3,000 sq. ft., this 2-unit property features a bright, street-level commercial space (approx. 1,000 sq. ft.), perfect for a small business, along with a spacious residential suite boasting 9-ft ceilings, ensuite laundry, and multiple balconies & terraces. Private entrances for each unit, plus a double garage and extended driveway. Steps to Longos, Walmart, banks, restaurants, transit, and just minutes from Hwy 407. Ideal for business owners, multi-generational families, or investors, with potential rental income exceeding $5,500/month!
See MoreKey Info
- 3-Storey Duplex
- 4 Parking
- Built-In Garage
- Copper Creek/Ninth Line
- 3000-3500 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $8,983 in 2024
- Possession: 30/60/90
Details
- Brick/Stone Exterior
- No Fireplace
- 2 Kitchens
- MLS #N12058699
- ROYAL LEPAGE CITIZEN REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 15.98' x 8.50' | |
 | 1 2-Piece Bathroom on Ground Floor | |||
| 1 3-Piece Bathroom on Main Floor | |||
| 1 5-Piece Bathroom on Main Floor | |||
How Far is Too Far?
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Who lives here?
Cedar Grove, Markham is a north GTA neighbourhood notable for its business and science professionals and salespeople. It has a higher than average population of immigrants from India 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 19 and adults aged 35 to 49.
Families
Kids Per Family
1.8
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
35%
of residents are
single and loving it.
35% singles
Markham (39%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
8%
of residents
are renters.
8% renters
Markham (15%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
47%
of residents are
university grads.
47% university grads
Markham (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$163K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Business | 15% |
| Sales | 14% |
| Sciences | 10% |
| Management | 7% |
| Government | 6% |
Immigrants
58%
of residents were
born outside of Canada.
58% immigrants
Markham (60%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
15.4% from India
All-time
Birthplace - Recent
2.5% from India
Recent
Foreign Languages
Foreign Languages
| Tamil | 19% |
| Cantonese | 7% |
| Urdu | 6% |
| Gujarati | 5% |
| Punjabi | 4% |
Religions
Religions
| Hindu | 32% |
| Christian | 32% |
| Muslim | 15% |
| Sikh | 7% |
| Buddhist | 2% |
