2832 16th Avenue

Markham, ONCommercial
$9,480,000
MLS® N14097650
Commercial48 total[object Object]
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About This Property

A Rare Offering on Prestigious 16th Avenue in the Heart of Unionville/Markham! Built in 1997, this distinctive freestanding institutional building sits on approximately 1.21 acres, featuring a unique ravine setting with no immediate neighbours on three sides. Exceptional visibility, prominent street exposure, and convenient accessibility make this a standout opportunity for owner-users, investors, and organizations alike. Two entrances, expansive windows, and a welcoming reception area complement a versatile interior featuring numerous classrooms and private offices, along with generous open spaces offering flexibility to create additional rooms. Currently operating a private school with an official IELTS Test Venue, the property is well suited to a range of educational activities. A spacious indoor gymnasium with basketball and badminton facilities boasts exceptionally high ceilings, offering potential for conversion to a dealership garage or workshop. Additional highlights include a private executive office with a shower room, six luxuriously renovated washrooms, and a rooftop BBQ area with beautiful, unobstructed views. Potential uses include a school, daycare, corporate head office, luxury car dealership, retail, or residential use, with all proposed uses. Surrounded by established neighbourhoods and growing residential and commercial developments, this remarkable property combines privacy, presence, and versatility in one of Markham's most sought-after locations. (id:63604)

Key Facts

Type
Commercial
Size
14,744 sqft
Lot
1.21
Parking
48 total
Property Details 11 details
Parking
48 parking spaces
Living area
14,744 sq. ft.
Property
Institutional - Special Purpose
Property subtype
Institutional - Special Purpose
Structure type
Special Purpose
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No
Lot dimensions
1.21
Lot area
1.21 acres
Frontage
260 feet
Taxes
$67,417.43
Zoning
Residential - Public Education
Water source
Municipal water
Mortgage & Affordability Estimate monthly costs
Purchase price$9,480,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Cachet
City
Markham
Postal code
L3R 0K8
Nearby
16th Ave & Woodbine Ave