Why Should You Invest In condos in Ajax Real Estate?
Ajax is another hot destination for homebuyers with its real estate prices growing rapidly. The town of Ajax is one of the top performing markets in the GTA. It offers a lot to homebuyers, including easy commute to Toronto, modern amenities and expansive green spaces. Since Ajax is located close to Lake Ontario, many golf courses and conservation area, nature lovers find it an attractive location to live.
Average housing price in Ajax is $653,511 as of December, 2018. Condominiums and townhomes are recording the highest rise in prices as compared to detached homes. The end of this year saw homebuyers preferring a 3-bedroom condo unit over any other type of property in Ajax. However, over the years there is seen a rise in prices in all types of properties.
Ajax is seeing an increase in population that is about 4 times faster than that in Canada as a whole. According to the 2011 Canadian Census, the population of Ajax stood at 109,600 in 2011 with a 21.6% increased from 2006. Ajax is well-served by Hwy 401, which runs east-west across the town of Ajax. The Ajax GO train station located close to Hwy 401 makes it travelling convenient for the residents of Ajax. There are over a dozen schools here, many shopping malls, stores, restaurants and recreation centres.
A highly attractive destination, Ajax is seeing new demand in real estate. You can find condominiums, townhomes and detached homes, all seeing a rise in prices. New condo developments in Ajax will add more choices to the condominium market in this green town. The many amenities along with affordable real estate prices is all set to make Ajax the next big thing in the real estate market.
Ajax Real Estate Market Trends
Real estate in Ajax is seeing an upward trend in prices for all types of homes. If we see price rise in the last 10 years, there has been a significant increase in property prices across the board. In the last three years, all types of properties saw an appreciation percentage between 28% and 54%. The current market trend in Ajax is seeing greater demand than supply, which is resulting in consistent rise in prices. The town is experiencing a new demand for real estate.
The proximity of Ajax to Toronto condo market with price difference is another major factor that is making it attractive to homebuyers. With a driving distance of 43 km, made speedy by Hwy 401 and GO, all downtown amenities are conveniently close to the residents of Ajax. Top that with breathtaking beaches, lakeside parks and excellent gold clubs, and you can enjoy natural beauty just outside of your home. With a variety of amenities in the town itself and the neighbouring city of Pickering, you have all modern facilities close to home.
Ajax Transit Options
Ajax is highly accessible through Hwy 401 and Ajax GO station. Hwy 2 and Hwy 412 also allow speedy access in any direction. Ajax GO station is located at 100 Westney Rd D, close to Hwy 401, and offers a lot of parking space. For easy commute around the town and neighbouring areas, there is a vast network of arterial streets. Whether travelling by road or through train, highway and GO is close by, allowing comfort and speedy travel to near and far off areas.
New development projects in the nearby area are Scarborough Condos, Oshawa Condos and Pickering Condos.
No. of units:181Storeys:8Developer:Your Home DevelopmentsAddress:253 Lake Driveway W, Ajax, ON L1S 5B5, CanadaAdded to Compare ListCompare