Why Invest in Pre-Construction Homes in Ajax, ON?

why invest in pre-construction homes in ajax, on

Have you heard of Ajax? No, not the cleaning detergent! We talk about a town located just east of Toronto that is like a hidden gem. To start with, Ajax is growing as well as changing becoming a hotspot for those looking to invest in property. And this is especially true when it comes to pre-construction homes. Let me shed some light on that!

Ajax is booming. According to the 2022 population estimates, more than 90 thousand people live in this town. That’s a healthy population! Well, have you heard the latest, it is amazingly diverse. About 50 % of the population can be classified as a person from a visible minority. It simply implies a great diversity in cultures, food options and experiences all at your fingertips. 

But why does this matter for pre construction homes in Ajax? Simple. More people means more demand for housing. And where there’s demand, there’s opportunity.

Why Choose Ajax for Your Dream Home?

Ajax is not some unknown township out in the sticks. It’s perfectly placed. You are only 45 minutes away from Toronto. It is close enough for one to work in the city, but far enough to be away from the frantic city life. 

You don’t need to worry about being in the middle of nowhere. Ajax indeed has a personality on its own. Parks can be found in almost any part of town with over 100 scattered across the region. Just picture living next to spots like Rotary Park which has a beach at Lake Ontario. Or going for a walk at the Greenwood Conservation Area on weekends. 

Regarding shopping centers and malls, there are 7 of them for the shoppers. RioCan Durham Centre is the largest mall containing as many as 90 stores. You won’t need to go far for shopping. 

Education and Family Life

Do you have kids in your family? Or planning to start a family? Ajax has you covered. There are 39 elementary and secondary schools in town. Both public and Catholic school boards are active here. That means plenty of options for your little ones.

And remember those parks we mentioned? They’re perfect for family picnics, sports, or just running around. It’s a great place to raise kids.

Ajax Transport and Infrastructure

You might be thinking, “But what about transportation?” Don’t worry, Ajax has that sorted too. The Durham Region Transit (D.R.T) connects Ajax to all the surrounding areas. And if you need to catch a flight, Toronto Pearson International Airport is just 45 minutes away.

The Ontario 401 Highway is right there for road trips. It stretches all the way from Windsor to Quebec.

Hot Pre-Construction Homes in Ajax

What are the hot pre construction homes in Ajax? Ajax is seeing some exciting new developments. You can get the details by contacting us. Here are a few that are gaining traction:

1. Lake Pointe at Discovery Bay

Imagine living in a condo or townhome steps away from the Trans Canada Trail and moments from Lake Ontario. Prices start from $598,900. Not bad for a lakeside living!

2. Trailside

This development is great if you want to be close to transit options. It’s near Ajax GO station, Highway 401, and major shopping centers. We are expecting prices to start from the $400s. That’s a steal in today’s market!

3. Hill Top Towns

Hill Top Towns are surrounded by parks and trails. This might be your spot located near Grayson Rd & Old Harwood Ave. Prices start from the $600s.

4. Victoria Tower

This is Ajax’s first luxury condo. If you want to live the high life in Ajax, keep an eye on this one.

5. Lakewalk Townhomes

With only 16 units, this development feels exclusive. Prices start from the high $800s. It’s pricier but it has some great amenities!

Why Pre-Construction?

Have you ever wondered why people buy homes that aren’t built yet? It might seem strange but there are some smart reasons. Developers offer better deals to early buyers. You’ll often snag a lower price by jumping in early. Plus, you get to customize your space. Want a specific kitchen layout? You choose it. Prefer certain bathroom tiles? They’re yours. Pre-construction puts you in control of your home’s look.

The waiting period works in your favor too. You’ll have years to save more money before move-in day. These money savings can help with future mortgage payments or new furniture. The best part is your home might gain value before you even move in. The neighborhood could improve. Demand might increase. You’re essentially buying a piece of the future at today’s prices.

Let’s talk about Ajax’s taxes. As of 2022, the property tax in Ajax is nearly 1.091% annually. That’s not too bad. There’s no municipal land transfer tax in Ajax. This is a big plus. You’ll still pay the provincial tax. First-time buyers can get a rebate of up to $4,000 here.

Is Ajax Right for You?

Ajax isn’t perfect. No place is. But it’s got a lot going for it. It’s growing and diverse. It’s close to Toronto but has its own identity. And with all these new developments, it’s a great time to get in on the ground floor.

Investing in pre construction homes in Ajax could be your ticket to homeownership or a smart addition to your investment portfolio. Just remember, like any investment, do your homework. Check out the developers. Visit the town. And maybe, just maybe, you’ll find your next home in Ajax.

Who knows? In a few years, you might be telling your friends, “I got in on Ajax before it was cool.” Now wouldn’t that be something?

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