$7,700,000For Sale

High-density development opportunity in South Ajax. 1.34 acres vacant land parcel (Part 1 on attached R-Plan) with driveway access off Burcher Rd. City led re-designation initiative underway to align with the Region of Durham Official Plan as a Regional Centre, permitting high-density residential development. Planning report available outlining potential for stacked towns, back-to-back towns, mid-rise, and high-density residential tower supporting up to 25 storeys -. City supported 17-storey concept plan attached. Taxes not yet assessed. Temporary parking is for neighboring Place of Worship and to be relocated as per Town of Ajax entirely onto neighboring land. New driveway for 95 Burcher to be built north of existing 97 Burcher driveway. Currently zoned Institutional (I-A) with permitted uses including Place of Worship, School, & Daycare, and others. Buyer to satisfy themselves on redevelopment use.

Directions: Hardwood Ave. S. & Bayly St. E

Cross Street: Hardwood Ave. S. & Bayly St. E