157 Langstaff Rd E is an investment in Markham, listed for $5,300,000.
1Prime 0.35-acre corner property at Langstaff Road E & Essex Ave featuring a tenanted residential dwelling.
2As a prominent corner parcel, it is well positioned to become an integral component of the future high-density, mixed-use, transit-oriented development.
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Commercial Property in Markham
About 157 Langstaff Road East
Prime 0.35-acre corner property at Langstaff Road E & Essex Ave featuring a tenanted residential dwelling. Located within the Langstaff Gateway Secondary Plan and recently approved MZO area, this site presents a rare redevelopment opportunity. As a prominent corner parcel, it is well positioned to become an integral component of the future high-density, mixed-use, transit-oriented development. The property falls within Block 2N, which permits development of up to 43 storeys, further enhancing its redevelopment potential and strategic significance within the plan area. Surrounded by major projects led by renowned developers including Kylemore, Times Group, and Condor, and further enhanced by the planned Yonge North Subway Extension, this property offers exceptional long-term development potential in one of Markham's most transformative growth corridors.
Markham investment priced at $5,300,000 — book a tour to see if it fits your search.
Inside 157 Langstaff Rd E
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0.35
Listing & possession
Property class
Investment
157 Langstaff Rd E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13753340$5,300,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 157 Langstaff Rd E Compares to the Markham Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 157 Langstaff Rd E. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 157 Langstaff Rd E
Homes for sale in Markham
Every active Markham MLS® listing, updated all day.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio99.4%On average, homes sold below asking.
Active listings1,507Homes for sale here right now.
Median vs prior 90 days+3.0%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 1,334 sales from Jul 28 – Oct 26, 2026 (823 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
157 Langstaff Rd E is listed at $5,300,000 (MLS® N13753340). Summitly updates the price as soon as the MLS® record changes.
Has the price of 157 Langstaff Rd E changed?
No — 157 Langstaff Rd E is still listed at its original asking price of $5,300,000.
How many bedrooms and bathrooms does 157 Langstaff Rd E have?
The listing for 157 Langstaff Rd E doesn't publish its bedroom and bathroom count. It is a commercial property in Markham.
Is 157 Langstaff Rd E close to transit?
The nearest rapid-transit station is Langstaff GO Station (Richmond Hill GO), about 680 m (about a 9-minute walk) in a straight line. Richmond Hill GO Station is about 4.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 157 Langstaff Rd E compare with other homes in Markham?
Its asking price of $5,300,000 is about 384% above the median sold price in Markham over the last 90 days, $1,095,000, across 1,334 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 157 Langstaff Rd E been sold before?
Summitly has no earlier MLS® sale or lease of 157 Langstaff Rd E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 157 Langstaff Rd E?
157 Langstaff Rd E is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 157 Langstaff Rd E been on the market?
49 days — 157 Langstaff Rd E was listed on September 7, 2026.
What is the land transfer tax on 157 Langstaff Rd E?
About $118,975 in Ontario land transfer tax at the asking price of $5,300,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 157 Langstaff Rd E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 157 Langstaff Rd E?
The listing for 157 Langstaff Rd E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Markham.
When was 157 Langstaff Rd E built?
The listing for 157 Langstaff Rd E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.