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For saleNew listingMLS® E14144754

593 Taunton Road E, Ajax, ON L1Z 1T8

Northeast Ajax · L1Z 1T8

$5,950,000

$59 / sq ft

Listed yesterday

Interior
100,885 sf
Lot
518 × 200 ft

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About this property

** 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 Bylaw 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.

Property details

Property

Property type
vacant land
Interior size
100,885 sq ft
Lot size
518 × 200 ft
Zoning
RM6(H)
Possession
Immediate

Exterior & services

Sewer
Sanitary+Storm Available

Costs

List price
$5,950,000
Property taxes
$27,542 / year (2025)
Price per sq ft
$59

Listing

MLS® number
E14144754
Status
For sale
Listed
November 3, 2026
Days on market
1
Last updated
November 3, 2026
Listing brokerage
CBRE LIMITED

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 78% of comparable vacant land listings in Ajax are asking less.

$1Median $1.70M$7.79M
This home
$59 / sq ft
Comparable median
$23 / sq ft

Based on 18 comparable active vacant land listings in Ajax. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,190,000
$1,190,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$26,318.86
Property tax (est.)
$2,295.17
Estimated monthly
$28,614

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$135,225
Total due on closing
$135,225

An estimate on the asking price of $5,950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CBRE LIMITED. 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.

$5,950,000

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Comparable sales nearby

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Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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