11087 Victoria Square Blvd - Freestanding FOR SALE


Markham, ON L6C 1J4
$7,500,000 CAD
416-636-8898
11087 Victoria Square Blvd, Markham, ON for Sale
$7,500,000 CAD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

11087 Victoria Square Blvd
Markham, ON L6C 1J4


OVERVIEW

1.5-acre infill development site located at 11087 Victoria Square Blvd in Markham, offering a rare opportunity to advance a low-density townhouse project in an established neighbourhood. The property is approved through zoning, Official Plan, and draft plan for 26 three-storey townhomes, with servicing capacity already allocated. Significant progress has been made on the site plan application, which is in its final stages and expected to be endorsed upon completion of cost-sharing arrangements and minor outstanding items. A purchaser can step in to complete the remaining approvals and move toward construction in a relatively efficient timeframe. The site benefits from excellent connectivity with quick access to Highway 404 and is surrounded by strong residential amenities, including schools, parks, major retail such as Costco, and community facilities. Offers will be reviewed as received. Vendor financing may be available to qualified buyers on terms to be negotiated

FOR SALE DETAILS

PRICE

$7,500,000 CAD

PRICE/SF

$723 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

R2*528, HC2, A1

APN/PARCEL ID

193602016061000

ASK ABOUT THIS PROPERTY

Noah KerznerThe Behar Group Realty Inc.More Info
416-636-8898

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Noah KerznerThe Behar Group Realty Inc.More Info
416-636-8898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.