ON > Markham > Aileen-Willowbrook
Markham, ON L3T 5W4,300 John ST
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Markham, ON L3T 5W4,300 John ST
Markham, ON L3T 5W4,300 John ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 37,900,000
Est. payment /mo
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300 John ST Markham, ON L3T 5W4

172,396 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 172,396 sqft

Price per Sqft $219

Subdivision Aileen-Willowbrook

MLS Listing ID N12007012

Building Age 31-50

Annual Tax Amount $571,880

Tax Year 2024

Property Sub-Type Commercial Retail

Lot Depth 870.0

Lot Front 350.0

Property Description

300 John Street, Thornhill, Ontario represents an exceptional opportunity to acquire a 7.7-acre development site in an affluent neighbourhood of Markham with zoning entitlements in place and attractive holding income throughout the site plan approval process. The Site is well-suited for intensification as a high-rise mixed-use development owing to its prominent location in a highly sought-after area, attractive site dimensions and access to public transit. The Property is currently improved with a neighbourhood retail plaza and office building totaling 74,310 sf and 95,918 sf, respectively. The approved redevelopment plan for the Site consists of a four-tower development with a total gross floor area of 752,290 sf and 615 residential units, with towers ranging in height from seven to 19 storeys, which includes commercial elements in the lower levels. The current development concept provides flexibility, as it allows for development phasing to maximize existing holding income.

Location

Province ON

County York

Community Aileen-Willowbrook

Area York

Zoning MU-FD

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 350.0

Lot Depth 870.0

Others

Security Features Yes

Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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300 John ST

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