Welcome to this remarkable land located in the coveted neighborhood of Courtice. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,250,000 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.
Located in Courtice's highest-density zone for future development, this 1.036-acre property is a key area for urban expansion. Adjacent to the future Metrolinx GO Station, this site is integral to the higher order Transit Oriented Community and is surrounded by some of the largest home developers in the country. The Region of Durham estimates the Major Transit Station Area (MTSA) to generate 43,757 people and jobs (273 people/jobs per hectare) and approximately 13,100 new units. Currently zoned for industrial use with outside storage permitted, you can operate your business here (or secure a Tenant) as you navigate the development process. Additional 5.46 abutting acres are also available, connecting the parcel IMMEDIATELY across from the future Metrolinx GO Station.
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No historical data available for this property.
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Data-driven valuation for 65 Cigas Road, Clarington, ON L1E 2T1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Clarington.
About Purchasing a Home in Clarington, ON
For a property listed at $3,250,000 in Clarington, the legal minimum down payment is $650,000 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 $67,725 for this transaction. As this listing is in Clarington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $67,725.
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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.