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2832 16th Avenue

Cachet / Markham, ON L3R 0K8

ActiveFor Sale
0 Beds
0 Baths
14,744 Sq Ft
1 Lot Sq Ft
Commercial

About This Property

A Rare Offering on Prestigious 16th Avenue in the Heart of Unionville/Markham! Built in 1997, this distinctive freestanding institutional building sits on approximately 1.21 acres, featuring a unique ravine setting with no immediate neighbours on three sides. Exceptional visibility, prominent street exposure, and convenient accessibility make this a standout opportunity for owner-users, investors, and organizations alike. Two entrances, expansive windows, and a welcoming reception area complement a versatile interior featuring numerous classrooms and private offices, along with generous open spaces offering flexibility to create additional rooms. Currently operating a private school with an official IELTS Test Venue, the property is well suited to a range of educational activities. A spacious indoor gymnasium with basketball and badminton facilities boasts exceptionally high ceilings, offering potential for conversion to a dealership garage or workshop. Additional highlights include a private executive office with a shower room, six luxuriously renovated washrooms, and a rooftop BBQ area with beautiful, unobstructed views. Potential uses include a school, daycare, corporate head office, luxury car dealership, retail, or residential use, with all proposed uses. Surrounded by established neighbourhoods and growing residential and commercial developments, this remarkable property combines privacy, presence, and versatility in one of Markham's most sought-after locations.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size14,744 sq ft
Lot Size1 sq ft
Bedrooms0
Bathrooms0
Taxes (2025)$67,417
Postal CodeL3R 0K8
Last UpdatedOct 28, 2026 · 11:34 a.m.

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Features & Amenities

  • Air Conditioning

Buying or selling in Markham?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® N14097332

Listed by JDL REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$9,480,000

asking price

MLS®N14097332
TypeCommercial
CityMarkham
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$46,292

/month · $7,584,000 mortgage

Down Payment20% — $1,896,000
Interest Rate5.5%

Amortization

Total Interest

$6,303,627

Total Cost

$13,887,627

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

JDL REALTY INC.