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New · Listed Oct 20, 2026 · 7 days on market

2832 16th Avenue, Markham, ON L3R 0K8

$9,480,000

Commercial · Commercial Retail · 14744 sq ft · For Sale

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 summary

TypeCommercial
SubtypeCommercial Retail
Business typeSchools
Building area14744 Square Feet
Lot size260 × 228 ft
Taxes$67,417 / yr
Parking48
GarageOutside/Surface
Possession60-89 days
OccupantOwner
Property
Lot size1.21
Lot width260
Lot depth228
Power & Services
Heating typeGas Forced Air Open
SewerSanitary+Storm
UtilitiesYes
Residential
GarageOutside/Surface
Zoning & Taxes
Taxes / yr$67,417
Tax year2025
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Data provided by TRREB. Listed by JDL REALTY INC..

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