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.