157 Langstaff Road E, Markham, ON L3T 3M6
Langstaff South · L3T 3M6
$5,300,000
$348 / sq ft1 months on market
- Interior
- 15,246 sf
- Lot
- 109 × 138 ft
About this property
Prime 0.35-acre corner property at Langstaff Road E & Essex Avenue 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 details
Property
- Property type
- vacant land
- Interior size
- 15,246 sq ft
- Lot size
- 109 × 138 ft
- Zoning
- HRIND
- Possession
- TBD
Interior
- Heating
- Gas Hot Water
Exterior & services
- Sewer
- Septic
Costs
- List price
- $5,300,000
- Property taxes
- $7,605 / year (2025)
- Price per sq ft
- $348
Listing
- MLS® number
- N13753324
- Status
- For sale
- Listed
- September 8, 2026
- Days on market
- 58
- Last updated
- October 19, 2026
- Listing brokerage
- LENNARD COMMERCIAL REALTY
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 70% of comparable vacant land listings in Markham are asking less.
- This home
- $348 / sq ft
- Comparable median
- $55 / sq ft
Based on 20 comparable active vacant land listings in Markham. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $23,443.69
- Property tax (est.)
- $633.72
- Estimated monthly
- $24,077
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $118,975
- Total due on closing
- $118,975
An estimate on the asking price of $5,300,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of LENNARD COMMERCIAL REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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