36-48* Steeles Avenue, Markham, ON
GTA Transit & Commute from this Address
Realistic rush-hour travel times from 36-48* Steeles Avenue
Unionville / Markham GO on Stouffville Line: 40 min to Union
Highway 404 & 407 ETR: 4–8 min drive
Pearson Airport (YYZ): 25–30 min drive via 407 ETR
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Grandview. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $41,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 363 x 280 ft lot size
Description
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.
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Property Summary
This land located at 36-48* Steeles Avenue, Markham is currently for sale and has been available for 270 days. This property is listed at $41,000,000 with an estimated mortgage of $136,474* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 36-48* Steeles Avenue, Markham is in the Grandview neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Grandview, Markham.
- •Desirable Land architecture in Grandview, Markham
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Markham?
If you are looking for a house in Markham or researching Markham real estate for sale, this land at 36-48* Steeles Avenue, Markham, ON offers an exceptional opportunity to buy a home in Markham, Ontario. Whether you are a first-time Markham home buyer or comparing active Markham MLS® homes for sale, working with a dedicated Markham buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Markham realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Markham Buyer Budget & Costs
Estimated mortgage: $136,474*/month*. Estimated Ontario Land Transfer Tax: $1,011,475. First-time Markham home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Markham
Frequently Asked Questions about 36-48* Steeles Avenue, Markham, ON
Q.What is the asking price for 36-48* Steeles Avenue, Markham, ON ?
The current listing price for 36-48* Steeles Avenue, Markham, ON in Grandview, Markham is $41,000,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 36-48* Steeles Avenue, Markham, ON ?
36-48* Steeles Avenue, Markham, ON is a Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Grandview, Markham
10 assaults (45.0/100k)
11 B&E (40.0/100k)
18 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 36-48* Steeles Avenue E, Markham, ON L3T 1A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $41,000,000 in Markham, the legal minimum down payment is $8,200,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,011,475 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,011,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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