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593 Taunton Road

593 Taunton Road

Ajax, ON

2 sqft • Land • 100 days on market

$6,195,000

** POWER OF SALE ** This site encompasses an estimated net developable area of approx.1.87 ac., part of a larger 2.32 ac. assembly, which is ideally suited for a medium density residential development. The property benefits from existing Official Plan and Zoning By law approvals for 88 stacked townhouses and 8 traditional townhouses, representing a clear path to execution for developers. While a formal Site Plan application is pending, significant due diligence, including archaeological assessments, environmental, noise assessment, and a transportation impact study, has already been completed. This opportunity is strategically positioned to capitalize on strong demand within the Durham Region's robust housing market.

Listing Details

Taxes (2025)
$27,542
Listed
May 20, 2026

Price History

Listing history

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Property

Lot Size
518 x 200 Feet

Utilities

Sewer
Sanitary+Storm Available

Location & Legal

Cross Street
Southwest corner of Taunton Rd E & Audley Rd
Zoning
RM6(H)
Parcel Number
264100020
Possession
Immediate

Commercial

Business Type
Residential
Occupancy
Vacant

Community

Postal area L1Z

Population
31,989
Private dwellings
8,957
Median age
35.2
Average household size
3.6
Median household income
$134,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Ajax · last 12 months

Median sold price
$845,000
Homes sold
1,037
Median days on market
18
Sale-to-list price
99.6%

Based on 1,037 recorded sales of commercial properties in Ajax over the last 12 months.

Listed by

CBRE LIMITED

Location

Street View

Commercial figures

Annual property tax
$27,542

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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Reita said:

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