N/A Cedar Street, Ajax MLS Number: E13414882

The Site is strategically positioned on Cedar Street, immediately northeast of Highway 401 at Westney Road South and is comprised of 0.786-acres of flat, developable land. The Property benefits from RM6 zoning and a Low Density Residential Official Plan designation, with conditional site plan approval in place for the development of 20 back-to-back townhouse units. The development will be comprised of three-bedroom units totaling approximately 27,811 sq. ft. of gross floor area (GFA), supported by an efficient parking ratio of 40 residential spaces (2 per unit) plus visitor and accessible parking. The current plans provide flexibility and optionality to work well as a condominium or a purpose built rental development. All drawings are available in the online property library. Final drawing revisions are currently being prepared, allowing a Purchaser to advance the project with a high degree of entitlement certainty. Given all of the milestones reached to date, construction is anticipated to be able to begin by late 2026.