448-454 Markham Road, Toronto, ON M1J 3E3
Toronto E09
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 448-454 Markham Road, Toronto, ON M1J 3E3
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# E13576072
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
On market since Jul 17, 2026
448-454 Markham Road, Toronto, ON M1J 3E3 is listed for $10,950,000 CAD.
448-454 Markham Road, Toronto, ON M1J 3E3 is a Land, 80,275 sq ft.
448-454 Markham Road, Toronto, ON M1J 3E3 is in Toronto E09, Ontario.
448-454 Markham Road, Toronto, ON M1J 3E3 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 448-454 Markham Road, Toronto, ON M1J 3E3 (MLS# E13576072). You can also send a message through the contact form on this site.
