3680 Highway 7 Highway, Pickering

Price: $4,900,000

0 bedrooms, 0 bathrooms

10 sqft

Property Type: Land

MLS#: E13810978

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.

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$4,900,000 - 3680 Highway 7 Highway, Pickering

Land for Sale in Pickering

Neighbourhood: Rural Pickering

0Beds
0Baths
10Sq Ft
Land

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Property Details
MLS Number
E13810978
Property Type
Land
Status
active
Days on Site
16
Bedrooms
0
Bathrooms
0
Square Feet
10 sqft
Neighbourhood
Pickering
Lot Size
10 sqft
Taxes (2026)
$379
Listing Brokerage
RE/MAX ULTIMATE REALTY INC.
Description

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.

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Estimated Payment

$21,674.35/mo

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5-yr fixed avg.

Principal: $3,920,000Interest: $2,582,306
Mortgage Amount$3,920,000
Total Interest$2,582,306
Est. Property Tax$3,471/mo
Total Cost$6,502,306

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: Rural Pickering

Discover Rural Pickering

Rural Pickering 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 Rural Pickering

  • •Convenient location in Pickering
  • •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

Rural Pickering 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

3680 Highway 7 Highway, Pickering

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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 Pickering planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.

Land Market Timeline

Vacant land typically takes longer to sell than residential homes — 60 to 180+ days is common. Commercial and development-oriented buyers need time to conduct feasibility studies, consult planners, and arrange specialized financing. Don't read anything into the days-on-market figure without comparing to similar parcels in Pickering.

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 Pickering'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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    3680 Highway 7 Highway, Pickering | $4,900,000 | Battaglia Team