Commercial Real Estate in Woburn available for sale
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Industrial Land for Sale near Woburn

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More details for 448-454 Markham Rd, Toronto, ON - Land for Sale

448-454 Markham Rd

Toronto, ON M1J 3E3

  • Land for Sale
  • $10,950,000 CAD
  • 1.84 AC Lot

Toronto Land for Sale - Scarborough

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.

Contact:

Avison Young

Property Subtype:

Residential

Date on Market:

2026-07-20
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Industrial Land Properties for Sale in Woburn

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