2832 16th Avenue, Markham, ON L3R 0K8
Cachet · L3R 0K8
$9,480,000
$643 / sq ft2 weeks on market
- Total area
- 14,744 sf
- Lot
- 260 × 228 ft
What's special
- Outside/surface garage
- Yes
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
- office
- 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
- N14097766
- 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.
How this price compares
This home is priced above most comparable listings — about 96% of comparable office listings in Markham are asking less.
- This home
- $643 / sq ft
- Comparable median
- $500 / sq ft
Based on 57 comparable active office listings in Markham. These are asking prices, not sale prices.
Mortgage estimate
- 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.
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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