Steeles Development Site Listed With Approvals For 40, 44 Storeys

AI Article Summary
A development site owned by Zonix Group at the Toronto-Markham border is available for sale, approved for two high-rise residential towers of 40 and 44 storeys totaling 1,060 units. Located on Steeles Avenue East and Highland Park Boulevard, the site spans 2.3 acres, currently occupied by single-family homes slated for demolition. The development has Ontario Land Tribunal approval, with potential for an additional 23-storey rental tower. The area is well-serviced by transit and has a high-income, educated demographic, enhancing its appeal for residential projects.