448-454 Markham RD, Toronto E09, ON M1J 3E3
448-454 Markham RD, Toronto E09, ON M1J 3E3
448-454 Markham RD, Toronto E09, ON M1J 3E3
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Christine Domina

Christine Domina

Real Estate Smarts - Christine Domina

+1(416) 873-4747
$10,950,000
Est. payment /mo
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Municipality Toronto E09

Subdivision Woburn

MLS Listing ID E13576072

Annual Tax Amount $41,824

Tax Year 2026

Property Sub-Type Land

Property Description

448-454 Markham Rd, Scarborough, is a fully-approved townhouse development site on 1.84 acres of land, located near the major intersection of Markham Rd and Lawrence Ave E. City of Toronto zoning by-law approvals permit the development of 47 townhouses with 96,789 sf of gross floor area and 88,360 sf of saleable area. The site is approaching shovel-ready status, and Site Plan Notice of Approval Conditions are expected in the summer of 2026. The site provides builders and developers an exceptional opportunity to capitalize on the recently announced HST rebate on new home sales (expires March 31,2027) and reductions to City of Toronto development charges. The site's large size and Avenues designation also provide the potential to up-zone for additional density or explore alternative development concepts. Close proximity to Cedarbrae Mall, Cedar Heights Plaza, Eglinton GO Station, Highway 401, and Lake Ontario.

Location

Province ON

County Toronto

Community Toronto E09

Area Toronto

Exterior

Utilities Available Available

Lot Frontage 365.0

Lot Depth 223.0

Others

ParcelsYN No

Read Less Info
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

GET MORE INFORMATION

Christine Domina

Christine Domina

+1(416) 873-4747

Realtor | License ID: 9603994

Realtor License ID: 9603994

First Name*

First Name*

Last Name*

Last Name*

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Real Estate Smarts - Christine Domina, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.