For Sale Price Drop MLS® E12611988

27-31 Harwood Avenue S

Central · Ajax · ON · L1S 2B8

$2,100,000 $2,100,000/sqft Reduced from $3,000,000 Est. $10,070/mo · 20% down · run your numbers →

On market 303 days

0.75 Sqft
150 ft frontage Lot
Other Type

About this property

Being Sold by court appointed receiver Under Power Of Sale, "as-is, where-is" & Without Representation & Warranty. Vendor Financing Available. OPA/ZBA Approved. Final Stage Of Site Plan Approval. Mixed-Use Development Opportunity. 10 Storeys,131 Units & 123,229 GFA. Originally Designed As A Condo, This Site Would Excel As A Seniors Residence Or A Purpose-Built Apartment Complex, Benefiting From Reduced Development Charges. Located In An Established Residential Node, Just North Of Highway 401 & In Proximity To Go Station. Site Consists Of 2 Vacant 1-Storey Commercial Buildings & 1 Vacant Parcel Of Land That Can Be Readily Repositioned For Occupancy, Offering Near Term Cash Flow While Deferring Development/Construction. Municipal Address Includes 27, 29 & 31 Harwood Avenue S.

Key facts

Type Land
Lot 150 ft frontage
Size 0.75 sqft
Taxes $41,719/yr
Days on market 303
Neighbourhood Central
Property details
Property type Land
Lot
Width / Depth 150 ft
Commercial details
Building area 0.75
Financial
Taxes $41,719/yr

Mortgage calculator

$9,811/moMonthly payment
$1,680,000Mortgage amount
$1,263,398Total interest
$3,363,398Total cost

Location

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Market Overview

Ajax

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MLS® E12611988 Brokerage LENNARD COMMERCIAL REALTY Listed Dec 9, 2025 Updated Sep 30, 2026

Listing data provided by the Toronto Regional Real Estate Board (TRREB).

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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Last updated: October 8, 2026.

$2,100,000
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