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669 Taunton Road W
homes for sale · Ajax · Northwest Ajax
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$8,500,000

669 Taunton Road W

Northwest Ajax, Ajax · MLS® E13444832

4 sq ft · 4 sq ft lot · Land · Vacant Land · 131 days on market

listed by LISA PATEL, ROYAL LEPAGE SIGNATURE REALTY

realtor's description

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.

property details

type
Land, Vacant Land
living area
4 sq ft
lot
4 sq ft
parking
0
property tax
$5,893 / yr
days on market
131
MLS®
E13444832

monthly cost

$37,525/mo
Mortgage $37,034 · Tax $491

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$37,034/ monthly
loan $6,800,000
25-year amortization
total interest
$4,310,105
cash to close
$1,700,000
down payment; transfer tax and fees not included
total paid
$11,110,105

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

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listed by
LISA PATEL
ROYAL LEPAGE SIGNATURE REALTY
call LISA · 416-826-6446
Powered by: REALTOR.ca

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location

Northwest Ajax, AjaxGoogle Maps ↗

location

Northwest Ajax, AjaxGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

649 Taunton Road W, Ajax
649 Taunton Road W, Ajax, photo 2
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649 Taunton Road W, Ajax, photo 5
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649 Taunton Road W, Ajax, photo 7
Land
$8,500,000
4methe deep dive
649 Taunton Road W
Northwest Ajax, Ajax133 days on market
listed by ROYAL LEPAGE SIGNATURE REALTY
4 sq ft
MLS® E13441802