36-48* Steeles Avenue
Markham, ON L3T 1A2
About This Property
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
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® N12795398
Listed by COLLIERS
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Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$200,208
/month · $32,800,000 mortgage
Amortization
Total Interest
$27,262,522
Total Cost
$60,062,522
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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COLLIERS