Courtice · L1E 2N6
$7,500,000
$29 / sq ft4 months on market
Positioned on approximately 5.94 acres in Courtice, this approved draft plan residential development site presents a rare opportunity for builders and investors looking to secure land in a growing Durham Region market. Located along the border of Oshawa, the property benefits from established surrounding infrastructure, strong demand for new housing, and convenient access to major transportation routes. The approved subdivision plan includes a total of 59 residential lots, comprising 44 townhomes and 14 detached homes. This balanced mix supports a range of end users, from first time buyers to families seeking more space, aligning with current housing demand trends across the region. With approvals already in place, the site offers a streamlined path toward development, reducing timelines and providing greater certainty for project planning. Connectivity is a key advantage of this location. The property is situated just minutes from Highway 401, Highway 418, and Highway 407, supporting efficient commuting throughout the Greater Toronto Area and beyond. Access to public transit further enhances the site's appeal for future residents. Surrounded by a well established residential neighbourhood, the property is within close proximity to local schools, parks, shopping, and everyday amenities. This existing community framework adds immediate value to the development, offering future homeowners a convenient and connected lifestyle from day one. With its approved density, prime location, and strong market fundamentals, this Courtice development site represents a compelling opportunity to deliver thoughtfully planned housing in one of Durham Region's steadily expanding communities.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 89% of comparable vacant land listings in Clarington are asking less.
Based on 57 comparable active vacant land listings in Clarington. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $7,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE RCR REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.