0 Markland Street
Markham, ON
- 5 sqft
- Land
- 596 days on market
Prime residential development land in the heart of Markham. The Property consists of two development parcels beside King Square Shopping Mall. The first parcel is 4.8 acres and has approved zoning for 94 townhomes. The second parcel is 1.1 acres and has an application submitted for high-density mixed-use development. The Property is being offered on an unpriced basis. Upon the execution of a Confidentiality Agreement, Prospective Purchasers will receive a Confidential Information Memorandum as well as access to a secure electronic data room that contains due diligence materials and other information related to King Square and the sale process. Ernst & Young Inc., in its capacity as Receiver of King Square Ltd. and Markland Residential Corporation and not in its personal capacity and without personal or corporate liability. **EXTRAS** EY to provide Confidentiality Agreement and Investment Summary. Purchasers have the option to purchase the entire development land, or each development parcel separately. Bid deadline is February 26, 2025.
Listing Details
- Taxes (2024)
- $193,156
- Listed
- January 16, 2025
Price History
Property
- Lot Size
- 590 x 521 Feet
Utilities
- Sewer
- Sanitary Available
Location & Legal
- Cross Street
- Woodbine Avenue and Markland Street
- Zoning
- Residential and Commercial
- Parcel Number
- 030471659
- Occupancy
- Vacant
Commercial
- Business Type
- Residential
Community
Postal area L6C
- Population
- 51,738
- Private dwellings
- 16,291
- Median age
- 41.2
- Average household size
- 3.3
- Median household income
- $118,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Markham · last 12 months
- Median sold price
- $1,090,000
- Homes sold
- 2,962
- Median days on market
- 22
- Sale-to-list price
- 99.1%
Based on 2,962 recorded sales of commercial properties in Markham over the last 12 months.
Listed by
ERNST & YOUNG REAL ESTATE SERVICES INC./SERVICES IMMOBILIERS ERNST & YOUNG INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $193,156
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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