# 700 Toronto Avenue, Durham, NC 27704

> **TL;DR:** commercial, $988,000. Est. $4,281/mo. Listed 15 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $988,000 |
| Lot Size | 258,311 sqft (5.93 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 15 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,281 |
| **Total** | **$4,281** |

## Nearby Schools

- **Elementary:** E.M. Holt
- **Middle:** Unspecified
- **High:** Northern

## Property Highlights

- 5.93 acre lot

## Description

### Agent 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!

## Location

- **Address:** 700 Toronto Avenue, Durham, NC 27704
- **County:** Durham
- **Coordinates:** 36.0320113, -78.88210717
- **Google Maps:** https://www.google.com/maps?q=36.0320113,-78.88210717

## Listing Agent

- **Name:** Ola van Zyl
- **Brokerage:** Keller Williams Connected
- **Phone:** 8436665250
- **Email:** ola@dreamteamunited.com

## Primary Photo

![700 Toronto Avenue - Primary Photo](http://lh.rdcpix.com/f8f020c9814f55ecb084511fac0be351l-f1029257385r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/700-toronto-avenue-durham-nc-27704-4362350)*

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**MLS#:** 4362350 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/700-toronto-avenue-durham-nc-27704-4362350)

---

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