$8,500,000
For sale: Vacant Land

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. 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. Buyer to verify zoning, permitted uses, density, servicing, and development potential. Owner highly flexible with price and terms. Buyer to verify zoning, permitted uses, density, servicing, and development potential
Sold data
Homes in Ajax (Northwest Ajax) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 33, across 260 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $859,900.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 28% of sales closed above the list price.
Around 8% of sellers reduced their price before finding a buyer.
Based on 260 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Ajax (Northwest Ajax) has 36 Fraser Institute–rated schools (31 elementary and 5 secondary), averaging 6.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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