Share This Listing

Message

933 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Located directly across from Milliken GO Station with immediate transit access.
  • Prominent corner positioning along Old Kennedy Road and Steeles Avenue East.
  • Mixed Use Midrise Official Plan designation supports future redevelopment potential.

Executive Summary

This approximately 6.5-acre land portfolio occupies a prominent position at the intersection of Old Kennedy Road and Steeles Avenue East in Markham and consists of three strategically located parcels with existing retail, mixed-use, and commercial zoning designations. Designated Mixed Use Midrise under the Official Plan, the portfolio presents an opportunity to acquire a large-scale land assembly in one of the Greater Toronto Area’s most established urban corridors. The site benefits from frontage along Old Kennedy Road, Steeles Avenue East, Thelma Avenue, and Turff Avenue, providing multiple access points and strong visibility.
The property is directly across from Milliken GO Station, offering immediate transit access and positioning the site within a corridor that continues to experience residential, mixed-use, and commercial intensification. Nearby destinations include Pacific Mall, Markham Pan Am Centre, Highway 7, Highways 401, 404, and 407, and the Don Valley Parkway, supporting connectivity throughout the GTA. The surrounding area is characterized by a large residential population, established commercial activity, and continued public and private investment.
In addition to existing commercial and retail zoning permissions, the portfolio offers long-term redevelopment potential supported by its Official Plan designation and transit-oriented location. The brochure references an illustrative development concept for Parcels A and B that contemplates a high-density residential community, demonstrating the scale of future redevelopment possibilities that may be explored through the planning process. The combination of location, transit accessibility, frontage, zoning flexibility, and surrounding growth activity creates a compelling opportunity for investors, developers, and land banking strategies in South Markham.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 6.50 AC

1 Lot Available

Lot

Lot Size 6.50 AC

Approx. 6.5-acre land portfolio across three parcels at Old Kennedy Rd & Steeles Ave E, directly opposite Milliken GO Station with mixed-use midrise designation, existing commercial zoning, and future redevelopment potential.

Description

The offering consists of three parcels totaling approximately 6.5 acres located at Old Kennedy Road and Steeles Avenue East in Markham, Ontario. The lands are designated Mixed Use Midrise under the Official Plan and include retail, mixed-use, and commercial zoning permissions. The property is situated opposite Milliken GO Station and near Pacific Mall, with access to Highway 7, Highways 401, 404, 407, and the Don Valley Parkway. The portfolio includes frontage along Old Kennedy Road, Steeles Avenue East, Thelma Avenue, and Turff Avenue. The surrounding area contains residential, commercial, and mixed-use development activity.

Moderately walkable
70/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Moderately bikeable
60/100
  • Listing ID: 41892055

  • Date on Market: 2026-08-26

  • Last Updated:

  • Address: Old Kennedy Rd, Markham, ON L3R 0L4

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}