649 Taunton Road, Ajax, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Northwest Ajax. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $8,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 213 x 410.85 ft lot size
- equipped with no central cooling
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. 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. Buyer to verify zoning, permitted uses, density, servicing, and development potential. Owner highly flexible with price and terms. Buyer to verify zoning, permitted uses, density, servicing, and development potential
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Pricing & Value Insights
Data-driven valuation for 649 Taunton Road W, Ajax, ON L1T 4R6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ajax, ON
For a property listed at $8,500,000 in Ajax, the legal minimum down payment is $1,700,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $198,975 for this transaction. As this listing is in Ajax (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $198,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.