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For saleMLS® N14097536

2832 16th Avenue, Markham, ON L3R 0K8

Cachet · L3R 0K8

$9,480,000

$643 / sq ft

2 weeks on market

Total area
14,744 sf
Lot
260 × 228 ft

What's special

  • Outside/surface garage
  • Yes

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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.

Property details

Property

Property type
investment
Interior size
14,744 sq ft
Lot size
260 × 228 ft
Zoning
Residential - Public Education
Possession
60-89 days

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$9,480,000
Property taxes
$67,417 / year (2025)
Price per sq ft
$643

Listing

MLS® number
N14097536
Status
For sale
Listed
October 20, 2026
Days on market
16
Last updated
October 20, 2026
Listing brokerage
JDL REALTY INC.

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

Down payment20.0% · minimum $1,896,000
$1,896,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$41,933.24
Property tax (est.)
$5,618.12
Estimated monthly
$47,551

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
$223,475
Total due on closing
$223,475

An estimate on the asking price of $9,480,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of JDL REALTY INC.. 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.

$9,480,000

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