157 Langstaff Road

Markham, ON

0.35 sqft
Land
11 days on market

$5,300,000

Prime 0.35-acre corner property at Langstaff Road E & Essex Avenue featuring a tenanted residential dwelling. Located within the Langstaff Gateway Secondary Plan and recently approved MZO area, this site presents a rare redevelopment opportunity. As a prominent corner parcel, it is well positioned to become an integral component of the future high-density, mixed-use, transit-oriented development. The property falls within Block 2N, which permits development of up to 43 storeys, further enhancing its redevelopment potential and strategic significance within the plan area. Surrounded by major projects led by renowned developers including Kylemore, Times Group, and Condor, and further enhanced by the planned Yonge North Subway Extension, this property offers exceptional long-term development potential in one of Markham's most transformative growth corridors.

Listing Details

Taxes (2025): $7,605
Listed: September 7, 2026

Price History

Listing history

Property

Lot Size: 109 x 138 Feet

Parking

Garage: None

Utilities

Sewer: Septic

Location & Legal

Cross Street: Bayview Avenue / Langstaff Road E
Zoning: HRIND
Parcel Number: 030280061
Possession: Immediate
Occupancy: Tenant

Commercial

Business Type: Residential

Community

Postal area L3T

Population: 50,405
Private dwellings: 20,672
Median age: 47.2
Average household size: 2.5
Median household income: $95,000

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: $1,088,000
Homes sold: 2,961
Median days on market: 22
Sale-to-list price: 99.1%

Based on 2,961 recorded sales of commercial properties in Markham over the last 12 months.

Listed by

LENNARD COMMERCIAL REALTY

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Annual property tax: $7,605

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

Reita | Assistant

Online

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?