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Active
0 Markland ST Markham, ON L6C 0M5
5 SqFt
UPDATED:
02/13/2025 05:25 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 5 sqft
Price per Sqft $0
Subdivision Cachet
MLS Listing ID N11926802
Annual Tax Amount $193,156
Tax Year 2024
Property Sub-Type Land
Property Description
Prime residential development land in the heart of Markham. The Property consists of two development parcels beside King Square Shopping Mall. The first parcel is 4.8 acres and has approved zoning for 94 townhomes. The second parcel is 1.1 acres and has an application submitted for high-density mixed-use development. The Property is being offered on an unpriced basis. Upon the execution of a Confidentiality Agreement, Prospective Purchasers will receive a Confidential Information Memorandum as well as access to a secure electronic data room that contains due diligence materials and other information related to King Square and the sale process. Ernst & Young Inc., in its capacity as Receiver of King Square Ltd. and Markland Residential Corporation and not in its personal capacity and without personal or corporate liability. **EXTRAS** EY to provide Confidentiality Agreement and Investment Summary. Purchasers have the option to purchase the entire development land, or each development parcel separately. Bid deadline is February 26, 2025.
Location
Province ON
County York
Community Cachet
Area York
Zoning Residential and Commercial
Exterior
Utilities Available Yes
Lot Frontage 590.0
Lot Depth 521.0
Listed by ERNST & YOUNG REAL ESTATE SERVICES INC./SERVICES IMMOBILIERS ERNST & YOUNG INC.
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