For Sale

36-48* Steeles Avenue, Markham, Ontario L3T 1A2

$41,000,000

36-48* Steeles Avenue, Markham, Ontario L3T 1A2 is For Sale and has a listing price of 41,000,000. The property is located in the Markham . It's been on the website for 1 Day.

  • Land
    Property Type
  • MLS ID: N12795398
  • Office Name COLLIERS
Property Description

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 Details
  • MLS ID: N12795398
  • Price: $41,000,000
  • Lot Depth: 280
  • Transaction Types: For Sale
  • Ref ID: N12795398
  • Year Built: N/A
  • Dir / Cross St: Yonge Street & Steeles Avenue East
  • Status: Active
  • Tax Year: 2025
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
02/17/2026 N12795398 $41,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Markham
  • $1,313,185 Average List Price
    based on 1 year
  • 1,041 New Listings
    based on 30 days
  • 80 Median Days on Market
    based on 1 year
  • List vs. Selling Price 169.94 % Up
  • Sold (12mo) 1,445
  • Rented (12mo) 1,689

  • 1 Month Change -5.9%
  • 3 Month Change -53.1%
  • 6 Month Change -0.5%
Walkscore
Additional Details
  • Taxes: $100,442
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 17/02/2026 21:26:20
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