This premium 4.385-acre land parcel offers exceptional long-term development potential in a highly sought-after location. Strategically positioned within a key intensification corridor designated by the City of Markham, it lies adjacent to the Markville Secondary Plan Study Area, slated for future high-density residential, mixed-use, and transit-oriented development.The site boasts approximately 438 feet of frontage on the high-traffic McCowan Road, ensuring excellent visibility and easy access. It combines the tranquility of backing onto green space with the convenience of being nestled within established residential neighborhoods.Its prime location provides quick access to Markville Mall, GO Transit stations, Highways 407 and 7, and is close to top-ranked public and Catholic schools, parks, and daily amenities. The existing private driveway and detached garage allow for flexible interim use.With its size, configuration, and strategic position, this land presents a compelling opportunity for investors or end-users to secure a prime holding in one of Markham's most active and future-focused corridors.
Address
8302 Mccowan Road
List Price
$16,800,000
MLS® Status
New
Expiration Date
2026-02-28
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
Sale
Area
Markham
Sub-Area
Village Green-South Unionville
Region
York
Lot Depth
371.84
Lot Type
Lot
Lot Size Units
Feet
Lot Width
531.39
Parcel Number
029633668
Total Building Area
4.385
Occupant Type
Vacant
Cross Street
Hwy 7 & McCowan Rd
MLS® Number
N12500624
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Postal Code
L3P 8E1
Posession Details
Immeidate
Tax Amount
$8,587.00
Tax Year
2024
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Tax Legal Description
PT LT 10 CON 6 (MKM) AS IN R651128 EXCEPT PTS 1,2 & 3, 65R34667; S/T EASE AS IN MA100358; CITY OF MARKHAM.
Sewer
Sanitary