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$988,000 Just Listed
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Property Description
Rare opportunity to acquire 5.9 prime acres in Durham, NC - one of America's fastest-growing markets! This RU-5 zoned land allows up to 8 units per acre, offering potential for 40+ single-family homes or high-demand townhomes to meet urgent housing needs. Utilities are already on-site (water, sewer, power), eliminating costly delays. Durham's explosive population growth (#2 hottest U.S. housing market forecast) guarantees intense demand, with strategic proximity to RTP, Duke University, and downtown revitalization. Perfect for developers seeking high-density yields, investors capitalizing on 8% annual growth, or builders addressing critical housing supply gaps. Due diligence materials available under NDA. Act now - this scale-ready land won't last in Durham's path of progress!
Full Property Details
Full Property Details for 700 Toronto Ave
General
- Price: $988,000
- Status: Active
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4362350
- Updated: 3/26/2026
- Added to Site: 1 day(s) ago
Location
- County: Durham
- Driving Directions: From US-501 BUS N, turn right onto E Club Blvd, turn left onto Glenbrook Dr, turn right to stay on Hinson Dr, turn left on Da Vinci St, continue straight until reaching parcel at the end of the road
School Information
- Elementary School: E.M. Holt
- High School: Northern
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Street/Road Desc.: Concrete
- Lot Features: Wooded
Financial Considerations
- Terms: Cash, Conventional, Owner Financing, Other - See Remarks
Disclosures and Reports
- Restrictions: No Representation
- Property ID: 129354
- Lot Number: 5827-476
Listed by Keller Williams Connected
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Schools
Schools serving 700 Toronto Ave
School District:Durham Public Schools
| Name | Grades | Distance |
|---|---|---|
Holt Elementary Language Academy 4019 Holt School Road, Durham, NC 27704 | PK-5 | 2.2 mi |
George L Carrington Middle 227 Milton Road, Durham, NC 27712 | 6-8 | 4.3 mi |
Northern High 117 Tom Wilkinson Road, Durham, NC 27712 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 Toronto Ave
Date
Details
Price
Change
Source
3/26/2026
Listed
$988,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 700 Toronto Ave
700 Toronto Avenue, Durham, NC 27704 (MLS# 4362350) is a Lots/Land property with a lot size of acres. 700 Toronto Avenue is currently listed for $988,000 and was received on March 26, 2026. Want to learn more about 700 Toronto Avenue? Do you have questions about finding other Lots/Land real estate for sale in Dunbarton? You can browse all Dunbarton real estate or contact a Coldwell Banker agent to request more information.

