2832 16th Avenue, Markham, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Cachet. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $9,480,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 260 x 228 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
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.
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Property Summary
This sale of business located at 2832 16th Avenue, Markham is currently for sale and has been available for 1 day. This property is listed at $9,480,000 with an estimated mortgage of $31,555* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 2832 16th Avenue, Markham is in the Cachet neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cachet, Markham.
- •Desirable Sale Of Business architecture in Cachet, Markham
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Markham?
If you are looking for a house in Markham or researching Markham real estate for sale, this sale of business at 2832 16th Avenue, Markham, ON offers an exceptional opportunity to buy a home in Markham, Ontario. Whether you are a first-time Markham home buyer or comparing active Markham MLS® homes for sale, working with a dedicated Markham buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Markham realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Markham Buyer Budget & Costs
Estimated mortgage: $31,555*/month*. Estimated Ontario Land Transfer Tax: $223,475. First-time Markham home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Markham
Frequently Asked Questions about 2832 16th Avenue, Markham, ON
Q.What is the asking price for 2832 16th Avenue, Markham, ON ?
The current listing price for 2832 16th Avenue, Markham, ON in Cachet, Markham is $9,480,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 2832 16th Avenue, Markham, ON ?
2832 16th Avenue, Markham, ON is a Sale Of Business () featuring a basement.
Q.What security features are installed at 2832 16th Avenue, Markham, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Cachet, Markham
4 assaults (26.7/100k)
8 B&E (53.3/100k)
14 thefts (93.3/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 2832 16th Avenue, Markham, ON L3R 0K8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $9,480,000 in Markham, the legal minimum down payment is $1,896,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $223,475 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $223,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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