$4,900,000
For sale: Vacant Land

RARE 9.84 ACRE LAND OPPORTUNITY ON HIGHWAY 7 IN PICKERING! An exceptional opportunity to secure a substantial parcel in one of Pickering's significant future-growth areas. Offering approximately 427,875 sq. ft. (9.823 acres) with prominent Highway 7 exposure and approximately 400 ft. of frontage as shown on available mapping.Strategically positioned along the Northeast Pickering growth corridor, with convenient access to Hwy 407, Westney Rd, Hwy 7 and the broader Durham Region transportation network.The City of Pickering has adopted the Northeast Pickering Secondary Plan (OPA 54), establishing a long-term framework for a new urban community incorporating residential neighbourhoods, employment opportunities, parks, schools, transportation infrastructure and other community uses. The Secondary Plan is currently subject to Ontario Land Tribunal appeals.An outstanding land-banking, investment and future-development opportunity for developers, builders and strategic investors looking to establish a position within Pickering's future growth landscape.Currently vacant land with a portion being farmed.
Sold data
Homes in Pickering took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 41, across 294 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.
The median sale price was $859,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 21% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 294 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Pickering has 23 Fraser Institute–rated schools (20 elementary and 3 secondary), averaging 6.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$9,999,000
Vacant Land861 AVENUE ROAD, Yonge-Eglinton, Toronto

$5,200,000
Vacant Land76 COVERED BRIDGE TRAIL, Monck (Bracebridge), Bracebridge)

$4,800,000
Other4560 LINE 13, Rural Innisfil, Innisfil

$4,900,000
Other50 DUNLOP STREET E, City Centre, Barrie

$3,999,999
Other19569 HURONTARIO STREET, Caledon Village, Caledon

$7,390,000
Other1662 MIDLAND AVENUE, Dorset Park, Toronto

$8,900,000
Detached35 BAYVIEW RIDGE, Bridle Path-Sunnybrook-York Mills, Toronto

$7,800,000
Other4 CARSON COURT, Bramalea South Industrial, Brampton