1440 Gord Vinson Avenue, Clarington

Price: $7,500,000

0 bedrooms, 0 bathrooms

6 sqft

Property Type: Land

MLS#: E13035314

Positioned on approximately 5.94 acres in Courtice, this approved draft plan residential development site presents a rare opportunity for builders and investors looking to secure land in a growing Durham Region market. Located along the border of Oshawa, the property benefits from established surrounding infrastructure, strong demand for new housing, and convenient access to major transportation routes. The approved subdivision plan includes a total of 59 residential lots, comprising 44 townhomes and 14 detached homes. This balanced mix supports a range of end users, from first time buyers to families seeking more space, aligning with current housing demand trends across the region. With approvals already in place, the site offers a streamlined path toward development, reducing timelines and providing greater certainty for project planning. Connectivity is a key advantage of this location. The property is situated just minutes from Highway 401, Highway 418, and Highway 407, supporting efficient commuting throughout the Greater Toronto Area and beyond. Access to public transit further enhances the site's appeal for future residents. Surrounded by a well established residential neighbourhood, the property is within close proximity to local schools, parks, shopping, and everyday amenities. This existing community framework adds immediate value to the development, offering future homeowners a convenient and connected lifestyle from day one. With its approved density, prime location, and strong market fundamentals, this Courtice development site represents a compelling opportunity to deliver thoughtfully planned housing in one of Durham Region's steadily expanding communities.

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active

$7,500,000 - 1440 Gord Vinson Avenue, Clarington

Land for Sale in Clarington

167 days on market

Neighbourhood: Courtice

0Beds
0Baths
6Sq Ft
Land

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Property Details
MLS Number
E13035314
Property Type
Land
Status
active
Days on Site
167
Bedrooms
0
Bathrooms
0
Square Feet
6 sqft
Neighbourhood
Clarington
Taxes (2025)
$32,624
Listing Brokerage
ROYAL LEPAGE RCR REALTY
Description

Positioned on approximately 5.94 acres in Courtice, this approved draft plan residential development site presents a rare opportunity for builders and investors looking to secure land in a growing Durham Region market. Located along the border of Oshawa, the property benefits from established surrounding infrastructure, strong demand for new housing, and convenient access to major transportation routes. The approved subdivision plan includes a total of 59 residential lots, comprising 44 townhomes and 14 detached homes. This balanced mix supports a range of end users, from first time buyers to families seeking more space, aligning with current housing demand trends across the region. With approvals already in place, the site offers a streamlined path toward development, reducing timelines and providing greater certainty for project planning. Connectivity is a key advantage of this location. The property is situated just minutes from Highway 401, Highway 418, and Highway 407, supporting efficient commuting throughout the Greater Toronto Area and beyond. Access to public transit further enhances the site's appeal for future residents. Surrounded by a well established residential neighbourhood, the property is within close proximity to local schools, parks, shopping, and everyday amenities. This existing community framework adds immediate value to the development, offering future homeowners a convenient and connected lifestyle from day one. With its approved density, prime location, and strong market fundamentals, this Courtice development site represents a compelling opportunity to deliver thoughtfully planned housing in one of Durham Region's steadily expanding communities.

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Estimated Payment

$33,175.03/mo

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5-yr fixed avg.

Principal: $6,000,000Interest: $3,952,509
Mortgage Amount$6,000,000
Total Interest$3,952,509
Est. Property Tax$5,313/mo
Total Cost$9,952,509

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Courtice

Discover Courtice

Courtice is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Courtice

  • •Convenient location in Clarington
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Courtice offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1440 Gord Vinson Avenue, Clarington

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Land Investment Considerations

Key factors for evaluating this land parcel

Land Due Diligence Checklist

· Confirm zoning designation and all permitted uses

· Verify servicing (water, sewer, hydro) at lot line

· Order a Phase 1 Environmental Site Assessment

· Obtain an up-to-date survey (boundaries, easements)

· Review development charges and levies with the municipality

· Consult a land use planner on development feasibility

Commercial Financing Note

Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.

Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Zoning & Permitted Use

Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The Clarington planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.

Extended Time on Market — Potential Leverage

At 167 days, this land has been sitting. That's actually common for vacant land — buyers are fewer and diligence takes time. But if it's been listed much longer than comparable parcels, there may be a zoning, servicing, or environmental issue the seller hasn't disclosed. I'd want to understand why it hasn't sold.

Servicing & Infrastructure

A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and Clarington's development charges. This can make or break a project's feasibility.

Environmental & Survey

I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.

Development Approval Timeline

If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.

Let's Walk Through It Together

Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.

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    1440 Gord Vinson Avenue, Clarington | $7,500,000 | Battaglia Team