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10701 Highway 48

89.09 Acres of Residential Land in Markham, ON L3P 3J3

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Investment Highlights

High exposure location
Development Land

Access to highway

Executive Summary

89.09 Acres land area for future residential development located at the corner of Highway 48 and Elgin Mills Road East in the City of Markham. Preliminary planning investigations indicate that the Site can potentially accommodate more than 2,000 residential units on a medium to long-term basis in a mix of low, medium and higher density housing product. Positioned for growth - the Property benefits from upcoming changes to the Provincial Policy Statement (PPS) taking effect in October 2024 which is intended to substantially reduce the time to develop in an effort to support the City of Markham's forecast 83% population growth by 2051.

Highway 48 Sale

Property Facts

Sale Type	Investment	Property Subtype	Residential
No. Lots	1	Total Lot Size	89.09 AC
Property Type	Land

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	89.09 AC

1 Lot Available

Lot 1

Lot Size	89.09 AC

Lot Size	89.09 AC

Positioned for growth - the Property benefits from upcoming changes to the Provincial Policy Statement (PPS) taking effect in October 2024 which is intended to substantially reduce the time to develop in an effort to support the City of Markham's for