36-48* Steeles Avenue E, Markham, ON L3T 1A2, Markham, ON
2.3 sqft
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.
Property Highlights
For Sale
MLS NO.
N12795398
Type
Commercial
Sub Type
Land
Square Footage
2.3 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
N12795398
Lot Width
363.0
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
36-48* Steeles Avenue E, Markham, ON L3T 1A2
City
Markham
Neighbourhood
Grandview
County / Region
York
Province / State
ON
Postal Code
L3T 1A2
Cross Street
Yonge Street & Steeles Avenue East
Directions
Yonge Street & Steeles Avenue East
Country
CA
List Price
$41,000,000
Annual Taxes
$100,442
Tax Year
2025
Legal Description
PLAN 2446 LOT 35**
Possession Type
Immediate
Possession Details
Immediate
Listing Office
COLLIERS
Board
Toronto Regional Real Estate Board
Original Entry
2026-02-17T21:26:20Z
Media Updated
2026-02-17T21:26:21Z
Photos Updated
2026-02-17T21:26:21Z
Last Modified
2026-02-17T21:26:21Z
System Modified
2026-02-17T21:26:21.066909Z
MLS Status
New
Co List Office Name
COLLIERS
Ddfyn
Yes
Expiration Date
2026-06-17
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
030200017
Public Remarks
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.
