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$ 7,500,000
Est. payment | /mo
$ 7,500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Victoria Square
MLS Listing ID N12973554
Annual Tax Amount $34,922
Tax Year 2025
Property Sub-Type Land
Property Description
1.5-acre infill development site located at 11087 Victoria Square Blvd in Markham, offering a rare opportunity to advance a low-density townhouse project in an established neighbourhood. The property is approved through zoning, Official Plan, and draft plan for 26 three-storey townhomes, with servicing capacity already allocated. Significant progress has been made on the site plan application, which is in its final stages and expected to be endorsed upon completion of cost-sharing arrangements and minor outstanding items. A purchaser can step in to complete the remaining approvals and move toward construction in a relatively efficient timeframe. The site benefits from excellent connectivity with quick access to Highway 404 and is surrounded by strong residential amenities, including schools, parks, major retail such as Costco, and community facilities. Offers will be reviewed as received. Vendor financing may be available to qualified buyers on terms to be negotiated.
Location
Province ON
County York
Area York
Exterior
Utilities Available Available
Lot Frontage 235.0
Lot Depth 240.27
Others
ParcelsYN No
Listed by THE BEHAR GROUP REALTY INC.
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