Rare chance to acquire two contiguous parcels comprising approximately 4.01 acres (174,655 SF) of development land with a combined 478 feet of prime frontage on Taunton Road West, one of Ajax's key east-west arterial corridors, located in the rapidly growing Northwest Ajax area.VENDOR FINANCING OR JV OPPORTUNITIES AVAILABLE The properties are currently zoned CR (Commercial Residential) under the Town of Ajax Zoning By-law, permitting a range of residential and commercial uses, subject to zoning regulations. and municipal approvals. The site offers strong long-term redevelopment and intensification potential within an established growth corridor.Strategically located minutes to Highways 401, 407, and 412, the site benefits from excellent regional connectivity and proximity to established residential neighbourhoods, retail amenities, schools, and transit. The parcels feature an irregular configuration, direct ingress/egress from Taunton Road West, and existing private septic servicing. Buyer to verify future servicing requirements.Buyers are advised to independently verify the availability, capacity, timing, and costs of municipal servicing, as well as all development and redevelopment potential. The lands are currently improved with two detached dwellings: however, the properties are being marketed and valued for land and redevelopment potential only.Opportunities of this scale, frontage, and location along Taunton Road West are increasingly limited. Ideal for developers, builders, and land investors seeking a sizeable assembly in Durham Region growth corridor. The offering consists of:649 Taunton Road West (Roll No. 180501001113305)669 Taunton Road West (Roll No. 180501001113310)Each property is legally separate with its own roll number; however, they are being marketed collectively as a single land assembly.Owner highly flexible with price and terms. Buyer to verify zoning, permitted uses, density, servicing, and development potential. (id:66096)
Property Details
MLS®
E13444832
Property Type
Vacant Land
Business Type
Residential
Zoning
CR Commercial / Mixed-Use / Development land
Interior Size
4 ft²
Lot Size
4.01 acres
Frontage
213 ft
Price per Acre
$2,119,696 per acre
Cooling
None
Property Tax
$5,893/yr
Listed
142 days ago
Market Timing
Days on market
142d
Ajax (Northwest Ajax) listings, avg age
48d
Price / ft²
$2,125,000
List price
$8.50M
Long Listed: 142 days on market, against an average age of 48 days across the listings currently for sale in this city
Market timing · days on market0 → 48d avg age of current listings
Long Listed · day 142
Homes here sell faster than most markets
Sold homes in this market spent an average of 26 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
Haho
This vacant land in Ajax (Northwest Ajax) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by ROYAL LEPAGE SIGNATURE REALTY · LISA PATEL
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L1T)
This home lists at $8,500,000, about 65.4× the local median household income of $130,000.
Carrying it typically needs a household income of about $1,660,348 (20% down, 25-yr amortization, stress-tested) — roughly 1177% above the area median.
Median household income
$130,000
Population
52,632
Median age
37.6
Owner / renter
88% / 12%
Avg. household size
3.5
Source: Statistics Canada, 2021 Census (FSA L1T)
$8,500,000· $2,125,000/ft²
For sale
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Financing
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