In recent years, people living in Toronto and bigger cities across the GTA are seeking to escape the burdensome expenses and costs of living. Ajax is one of the most rapidly growing neighbourhoods in the Durham region, and it attracts millennials, young professionals and families with young children.
It encourages homebuyers, families and investors with its striking affordability, low costs of living and lucrative real estate market. The housing market of Ajax is booming with countless residential developments, of which condominiums and townhomes have the most to offer. Whether you want to rent or buy, the townhome market of Ajax has much to offer.
With so many different townhomes and neighbourhoods to choose from, you’ll have plenty of options when it’s time to narrow down your selection for new Toronto homes.
Do you want to enjoy the peace and tranquility of a small town without having to give up on big city entertainment and amenities? Do you want to surround your home and family with the vibrancy and charm of natural beauty? Do you want to escape the burdens of heightened living and housing costs of a bigger city?
Ajax is the perfect neighbourhood to raise a family, enjoy modern-day amenities and security, and surround your lifestyle with natural beauty and scenic parklands. If you are an outdoorsy and nature-loving family, Ajax has much to offer with its scenic waterways and lush parklands. Townhomes, condos and lofts are constructed throughout the Lake Ontario Waterfront, creating a picturesque and splendid location for an idyllic lifestyle.
The efficient and convenient transit system makes it immensely easy for young professionals, business owners and students to travel across the GTA area. All suburbs, towns and cities across the Durham and Greater Toronto region can be easily accessed through Go Transit and other travel facilities. Ajax provides a robust education and healthcare infrastructure, and residents enjoy countless fine dining, retail and entertainment facilities.
Two- and three-bedroom townhomes have emerged as one of the most prized real estate investments in Ajax. Homebuyers and investors are lining up to carve out a picturesque piece of the Lake Ontario Waterfront and add it to their investment portfolio. The housing market, particularly townhomes and condos, have witnessed a striking increase in home prices, appreciation and rate of returns.
As an investor, these townhomes present a lucrative investment opportunity that allows you to establish a passive income stream. The town attracts millennials and young professionals who seek to enjoy lower rental rates as compared to larger cities and towns.
The cost of owning and maintaining a townhome in Ajax is considerably lower than that of Toronto or elsewhere across the Durham region. This is primarily why many young professionals and families have chosen to invest in spacious and tasteful townhomes in Ajax while working across the GTA or Toronto.
You can explore a wide array of variety in terms of space and architectural styles. The condo and townhome market of Ajax is rapidly evolving and burgeoning. Developers have promised a wide array of exciting developments, and these developments are surrounded by lush parklands and scenic views of the Lake Ontario waterfront.