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71 Cedar St 0.78 Acres of Residential Land Offered at $2,150,000 CAD in Ajax, ON L1S 1T9
Investment Highlights
- Located within the fast-growing Durham Region benefiting from strong housing demand.
- Superior connectivity to Highway 401, Ajax GO Station, and multiple transit routes.
- Close proximity to schools, healthcare facilities, shopping, and recreational amenities.
Executive Summary
This exceptional residential infill site offers a rare opportunity to acquire a fully entitled development parcel in the thriving Town of Ajax, within the Greater Toronto Area (GTA). Strategically located near the northeast corner of Cedar Street and Westney Road South, the property provides immediate access to Highway 401, ensuring efficient regional connectivity to Toronto, Pickering, Whitby, and Oshawa. The surrounding area is established, offering a strong residential context enhanced by nearby educational institutions, shopping destinations, and recreational amenities.
The ±0.786-acre site benefits from conditional site plan approval for 20 back-to-back three-bedroom townhouse units, totaling approximately 27,811 square feet of gross floor area. Parking allowances include two spaces per unit (garage and driveway), with additional visitor and accessible parking provided. Zoning under RM6 with a Low Density Residential designation allows development flexibility, enabling uses such as condominium or purpose-built rental. The property’s entitlement status, combined with its proximity to Ajax GO Station, transit routes, and community amenities, positions it for swift advancement through final design approvals toward construction readiness.
This property represents a compelling offering for developers and investors seeking to capitalize on sustained housing demand and intensification trends within Durham Region, one of the GTA’s fastest-growing submarkets.
The ±0.786-acre site benefits from conditional site plan approval for 20 back-to-back three-bedroom townhouse units, totaling approximately 27,811 square feet of gross floor area. Parking allowances include two spaces per unit (garage and driveway), with additional visitor and accessible parking provided. Zoning under RM6 with a Low Density Residential designation allows development flexibility, enabling uses such as condominium or purpose-built rental. The property’s entitlement status, combined with its proximity to Ajax GO Station, transit routes, and community amenities, positions it for swift advancement through final design approvals toward construction readiness.
This property represents a compelling offering for developers and investors seeking to capitalize on sustained housing demand and intensification trends within Durham Region, one of the GTA’s fastest-growing submarkets.
Property Facts
| Price | $2,150,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.78 AC |
| Zoning | RM6 | ||
| Price | $2,150,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.78 AC |
| Zoning | RM6 |
1 Lot Available
Lot
| Price | $2,150,000 CAD | Lot Size | 0.78 AC |
| Price Per AC | $2,756,410.26 CAD |
| Price | $2,150,000 CAD |
| Price Per AC | $2,756,410.26 CAD |
| Lot Size | 0.78 AC |
Description
The property is located on Cedar Street near Westney Road South in Ajax, Ontario. It provides direct access to Highway 401 and is positioned within an established residential community. The area offers proximity to regional commuting options, including the Ajax GO Station, as well as access to local services such as schools, healthcare, parks, and retail centers. Zoning for the property is RM6 under the Low Density Residential Official Plan, and a conditional site plan approval for townhouse development has been granted.
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Contacts
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Ian Hunt -
Jason Child -
Daniel Satoor -
Torey Ferrelli -
Allison Conetta -
CBRE, Limited
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71 Cedar St
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