Ajax L1Z 1W7
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C8,950,000
($6,541,100)
(€5,694,400)
Annual Taxes:C82,000
505 Park Ave, New York, NY 10022

Prime 4. 94 acre land development opportunity situated along the high traffic Bayly Street commercial corridor in Ajax, offering exceptional exposure and visibility.

Description

Prime 4.94-acre land development opportunity situated along the high traffic Bayly Street commercial corridor in Ajax, offering exceptional exposure and visibility. The property includes an existing industrial building with approx. 11,664 SF generating approximately $241,908 in gross annual revenue (inclusive of HST). A draft site plan has been prepared for a proposed commercial condominium development of around 100,000 square feet. Ideally located with convenient access to Highway #401 and in close proximity to key amenities such as Pickering Casino Resort, major shopping centres, and established employment hubs. Surrounded by existing and future residential communities, this site presents a flexible and strategically positioned investment opportunity for developers and user/investors seeking growth in Durham Region.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.