Lake Pointe at Discovery Bay

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
Ajax is home to over 100,000 people and is forecasted to grow to over 137,670 persons by the year 2031. It is also estimated that Ajax will increase its employment to over 49,290 jobs in the same time period. The rise in population along with more employment opportunities in the upcoming years will make Ajax an even more desirable city to reside in all while increasing the demand for housing.

CONNECTIVITY
The Town of Ajax is primarily serviced by Highway 401, seamlessly connecting commuters to the east and west of Ontario, and a number of Public Transportation options which include Durham Regional Transit and the Ajax GO Station, all of which make travelling throughout the region an absolute breeze.

LOCATION
In the heart of Durham Region, the Town of Ajax is a progressive, diverse and vibrant, waterfront community. The town boasts a coveted 70-hectare waterfront area that spans 7 kilometers and offers breathtaking views of Lake Ontario. In addition, there are over 400 hectares of open spaces, parks, playgrounds, trails, and conservation areas for nature enthusiasts to explore. Ajax is also home to notable landmarks such as Casino Ajax and Lakeridge Health Ajax Pickering Hospital, as well as a fantastic assortment of shopping destinations.

HOUSING NEEDS
Ajax is a part of Durham Region which has been experiencing tremendous growth. It is estimated that the region will need over 89,000 new homes by 2031, but will only be able to deliver an estimated 65,000 leaving a shortage of over 24,000 homes. This will lead to increased demand which will put upwards pressure on real estate values and rent prices.

REPUTABLE DEVELOPER
Your Home Developments is a highly reputable developer who delivers the best value in the finest communities. Handpicked locations in mature communities are their specialty and are carefully chosen for what they offer: proximity to the finest schools, modern shopping destinations, convenient transportation, lush parkland and natural landscapes, Your Home communities are simply convenient, clean, green, and affordable.

Quick Facts*

Developer: Your Home Developments
Address: 253 Lake Driveway W, Ajax
Nearest Intersection: Lake Driveway W & Westney Rd S
Pricing: Starting From $598,900
Occupancy: September 2027
Storeys/Suites: 8-Storeys / 172 Suites // 15 Towns
Suite Types: One Bedroom – Three Bedroom + Den Suites
Suite Sizes: 480 sq ft – 1,179 sq ft
Maintenance Fees: Approx. $0.57/sq ft (Hydro & water separately metered)
Deposit Structure: $5,000 on Signing // 2.5% Minus $5,000 in 30 Days // 2.5% on April 15th, 2024 // 2.5% on October 15th, 2024 // 2.5% on April 15th, 2025 // 2.5% on October 15th, 2025 // 2.5% on April 15th, 2026 // 5% on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($10,000 for 1 Bed & 1+Den // $12,500 for 2 Bed & larger), Free Assignment (Legal Fee & Admin Fee applies), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Lease During Occupancy (Legal Fee & Admin Fee applies), Discounted Parking ($60,000 $50,000 – first 25 deals), Bonus Upgrades: Stone (Quartz/Granite) Counters in Kitchen & Bathroom, Stainless Steel Kitchen Appliance Package (Stove, Fridge, Dishwasher), Stacked washer/dryer
Suite Finishes: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Entertainment Room and Media Lounge with Kitchen, Fully equipped Wellness Centre with Yoga space, Multi purpose Games Room, Activity Room, Co-working lounge with private meeting room, Concierge Services, Parcel Room, Landscaped Courtyard with BBQ, lounge seating, dining area, and communal garden, Pet Spa