





1/7669 TAUNTON ROAD W, Ajax (Northwest Ajax), ON L1T4R6
$8.5M total
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Asset Class
Land
Size
—
Building class
B
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
86%
Lot Size
4.01 ac
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. (id:66811)
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Monthly debt service
$39K
Projected NOI
$309K
Annual cash flow
$-162K
Cash-on-cash
-6.35%
DSCR
0.66
Going-in cap
3.64%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
121,078
Households
44,485
Median income
$128,500
Median age
37.6
Daytime population
112,781
5-yr growth
6.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 669 TAUNTON ROAD W, Ajax (Northwest Ajax).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.