157 Langstaff Road E, Markham, ON L3T 3M6
Langstaff South · L3T 3M6
$5,300,000
$348 / sq ft1 months on market
- Total area
- 15,246 sf
- Lot
- 109 × 138 ft
About this property
Prime 0.35-acre corner property at Langstaff Road E & Essex Ave 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
- investment
- Interior size
- 15,246 sq ft
- Lot size
- 109 × 138 ft
- Zoning
- HRIND
- Possession
- TBD
Interior
- Heating
- Gas Hot Water
- Cooling
- No
Exterior & services
- Sewer
- Septic
Costs
- List price
- $5,300,000
- Property taxes
- $7,605 / year (2025)
- Price per sq ft
- $348
Listing
- MLS® number
- N13753340
- 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.
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
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