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Executive Summary

Prime 0.35-acre corner property at Langstaff Road E & Essex Ave featuring a tenanted residential dwelling. Located within the Langstaff Gateway Secondary Plan and recently approved MZO area, this site presents a rare redevelopment opportunity. As a prominent corner parcel, it is well positioned to become an integral component of the future high-density, mixed-use, transit-oriented development. The property falls within Block 2N, which permits development of up to 43 storeys, further enhancing its redevelopment potential and strategic significance within the plan area. Surrounded by major projects led by renowned developers including Kylemore, Times Group, and Condor, and further enhanced by the planned Yonge North Subway Extension, this property offers exceptional long-term development potential in one of Markham's most transformative growth corridors.

Property Facts

Price $5,300,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.35 AC
Zoning MZA - Mixed-Use Commercial, Multi-Family

1 Lot Available

Lot

Price $5,300,000 CAD
Price Per AC $15,142,857.14 CAD
Lot Size 0.35 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
20/100
  • Listing ID: 42085863

  • Date on Market: 2026-09-08

  • Last Updated:

  • Address: 157 Langstaff Rd E, Thornhill, ON L3T 3M6

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