36-48* Steeles Avenue, Markham, ON

$41,000,000
MLS#:N12795398
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] land located in the coveted neighborhood of Grandview. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $41,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 363 x 280 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with [] central cooling

36-48 Steeles Avenue East & 37-49 Highland Park Boulevard offers a rare, fully approved high-density residential development opportunity at the Toronto-Markham boundary. The 2.3-acre site is approved for two residential towers of 40 and 44 storeys, totaling 858,648 square feet of GFA with an efficient 8.27x FSI. The site is strategically located along Steeles Avenue East with immediate access to Highway 404 and quick connections to Highways 401 and 407, providing excellent connectivity across the Greater Toronto Area. Future transit enhancements further strengthen the location, with two planned subway stations nearby at Yonge and Steeles. All major approvals are in place through an Ontario Land Tribunal order issued May 7, 2024, along with final plan approval under the Markham Official Plan.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date2/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size363 × 280 Feet
CountyYork
Annual Tax$100,442
Legal DescriptionPLAN 2446 LOT 35**

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

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36-48* Steeles Avenue, Markham, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 36-48* Steeles Avenue E, Markham, ON L3T 1A2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$32,800,000
Monthly Mortgage$190,580
Property Tax (Est.)$8,370
Utilities & Maint.$350
Total Monthly Cost$199,300

Strategic Fiscal Clarity

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