$10,950,000
 $58,782 est/mo Sourced by Back At You

448-454 Markham Road,Toronto E09, ON M1J 3E3

Toronto E09, ON M1J 3E3

Share:

PreviousNext

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.

Details

MLS #E13576072
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site35
Listing Provided ByAVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP | E13576072 003200

Features

SQ Feet80,275
Acreage1.84

Utilities

UtilitiesAvailable
SewerSanitary+Storm Available

Taxes

Tax Annual Amount41824
Tax TypeAnnual
Tax Legal DescriptionBLOCKS A AND B , PLAN M-1036 AND PART LOT 19, CONCESSION D BEING PART 1 ON PLAN 66R33238, SCARBOROUGH, CITY OF TORONTO SUBJECT TO AN EASEMENT AS IN AT6491916
Tax Year2026

Area Information

ProvinceON
RegionToronto
CityToronto E09
Postal CodeM1J 3E3
AreaWoburn
Listing VS Median (in M1J 3E3)
Price:
$10,950,000
low | high
Med:
$10,950,000
50% of Average
sqft:
80,275
low | high
Med:
80,275
50% of Average
$ / sqft:
$136
low | high
Med:
$136
50% of Average
On site:
35
low | high
Med:
35
100% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Momentum Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

Contact

Learn More About This Property

Coldwell Banker Momentum Realty

Coldwell Banker Momentum Realty

 (905) 935-8001info@momentumrealty.ca
ProvinceON
RegionToronto
CityToronto E09
Postal CodeM1J 3E3
AreaWoburn
Listing VS Median (in M1J 3E3)
Price:
$10,950,000
low | high
Med:
$10,950,000
50% of Average
sqft:
80,275
low | high
Med:
80,275
50% of Average
$ / sqft:
$136
low | high
Med:
$136
50% of Average
On site:
35
low | high
Med:
35
100% of Average
Sourced by Back At You
Listing Updated: July 17, 2026 at 9:06:36 AM PDT
Real Estate Links Our Domains