The 200/260 Town Centre Boulevard buildings are located in the heart of Markham, adjacent to Markham City Hall, Unionville High School (a top-ranked school in Markham), and the York University campus. The site is close to Ontario’s major Highway 404, with easy access to Go-Train and public transportation. Surrounded by large shopping malls, food courts, cinemas, parks, and sports fields, the area combines urban convenience with tranquility.
• Project Info
o The property spans 4.25 acres.
o The total building area is 97,184 square feet.
o The current market value of the property is CAD $30 million. o The property is currently used as a commercial office building
Under current Canadian federal and Ontario provincial government policies, the land designation can be adjusted to mixed-use commercial and residential.
• Farvision is in the process of planning and designing the redevelopment of the property, which will include three high-rise residential buildings with a total construction area of 800,000 square feet
• Once the land-use designation is approved, the property value is expected to
• increase from CAD $30 million to CAD $70 million.
• The development of these luxury condominiums is projected to generate over CAD • $1 billion in revenue, with an estimated net profit of CAD $200 million.
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