Markham Mixed-Use Development Opportunity
3.6-acre approved development site with $2M NOI in-place
Markham, Ontario
Confidential Listing — Exact location and property details disclosed to qualified parties only after NDA execution.
Key Highlights
Net Operating Income
$2,000,000
Land Area
3.6 acres
GFA Approved
732,000 sq.ft.
Additional GFA Expected
250,000 sq.ft.
Tenants
AAA Tenants
Lease Structure
Demolition Clause / Short-Term
About This Opportunity
A rare opportunity to acquire a 3.6-acre assembly in Markham, Ontario with significant approved density and strong in-place income during the development horizon.
The property has received approval for 732,000 square feet of Gross Floor Area, with an additional 250,000 square feet expected to be granted by the City — bringing total approved density to nearly 1 million square feet.
All current leases contain demolition clauses, providing the incoming owner with full flexibility to execute on the approved development plan. Short-term lease structure aligns perfectly with redevelopment timing.
Current AAA tenancy generates approximately $2M in annual Net Operating Income, providing meaningful holding income through the entitlement and pre-construction phases.
Investment Thesis
- Markham's population and commercial growth corridor continues to outpace the broader GTA.
- Approved density of 732,000 sq.ft. plus additional 250,000 sq.ft. expected from the City represents nearly 1M sq.ft. of future GFA — institutional scale.
- Strong current income covers carrying costs through the entitlement and pre-construction period.
- Demolition clauses in all leases eliminate tenant displacement risk during redevelopment.
Tenant Summary
AAA tenants generating stable income through the development horizon.
Lease Structure
All leases include demolition clauses. Short-term lease terms align with redevelopment timeline.
Cooperating Brokerage Commission Protected
Licensed buyer representatives who register their qualified client through this form will have their cooperating commission protected per standard TRESA guidelines. Commission amount will be confirmed during the offer stage.