$8,500,000 - 669 Taunton Road, Ajax
Land for Sale in Ajax
114 days on marketNeighbourhood: Northwest Ajax
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- MLS Number
- E13444832
- Property Type
- Land
- Status
- active
- Days on Site
- 114
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 4 sqft
- Neighbourhood
- Ajax
- Taxes (2025)
- $5,893
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
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.
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Estimated Payment
$37,598.37/mo
5-yr fixed avg.
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.
Discover Northwest Ajax
Northwest Ajax 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 Northwest Ajax
- •Convenient location in Ajax
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Northwest Ajax 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.
669 Taunton Road, Ajax
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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'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 Ajax 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 114 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 Ajax'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.