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MLS® N12795398
Markham, ON
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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COLLIERS
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Land
36-48* Steeles Avenue E Markham
Markham
Type
Land
Property Tax
~$100,442/yr
Buying Essentials
Square Feet
2 sqft
Finances
List Price
$41,000,000
Price per SQFT
$20,500,000/sqft
Property Tax
~$100,442/yr
Property Specs
Property Type
Land
MLS Size
2 sqft
Policies & Utilities
Neighbourhood
Markham
Listed On
Feb 17, 2026
Days on Market
Current: 264 days
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