Ajax Pickering Real Estate Blog

From New Home and Condos

Ajax – a dynamic city that offers its residents all that they need and more. Townsgate – an intimate community of magnificent towns and semis located in the heart of downtown Ajax that offers homebuyers a chance to have it all!

This is your chance to buy an affordable home in a city that has everything you’ll need – right at your doorstep! Starting at $228,990, these townhomes and semis give you more bang for your buck. And, with five free appliances included, your buck goes a long way!

All the amenities that Ajax offers are close by. Stores such as Chapters, Canadian Tire, Winners, Old Navy, Home Depot, Loblaws and a Cineplex theatre are blocks away. You’ll also find plenty of quaint shops and great restaurants in the area. And, with Toronto to the west and Oshawa to the east, commuting to work or for a fun day out with the family is a short drive away.

Spend a sunny day outdoors – there’s no shortage of great things to do! Townsgate is right next to Miller’s Community Park, a natural greenspace with two baseball diamonds, two parks and a soccer field. If you feel like exploring the area, take a jog or a stroll down one of the many outdoor trails. For all of your fitness needs, the McLean Community Centre is close by, and offers its members recreational facilities like a swimming pool, a double gymnasium and an aerobics studio, just to name a few.

A vibrant and safe place to live, Townsgate affords its residents peace of mind. Its private tree-lined perimeter contains crescent streets that wind through the neighbourhood and lead you to Townsgate’s large central park. A serene, natural environment, this park is ideally located at the heart of the community, making it a perfect meeting spot for children and neighbours.

With so many sizes and designs to choose from, there’s something for everyone at Townsgate. These two- and three-bedroom townhomes come in two complementary styles – Canadian-style homes with French flair and classic regency-style homes. No matter which style you choose, you will receive the same luxury design elements, all-clay brick elevations and decorative iron railings. And, both styles are designed to include generously sized porches, balconies and large windows, and an attached garage at the rear with direct access to the house.

The luxury interior features that come with every townhome in Townsgate help put the finishing touches on this picturesque community.

In the kitchen, breakfast room, powder room, foyer and bathrooms, you’ll find imported ceramic tile flooring. The powder room is the picture of enchantment, with a pedestal sink, as well as the ceramic accessories that grace every bathroom in the house. In the ensuite, a roman tub enclosure is finished with ceramic tiles, and also includes a separate shower stall. And for a limited time, when you purchase a home at Townsgate, you’ll receive a Whirlpool tub in the ensuite at no extra charge!

Choose from a wide array of samples when picking out your choice of deluxe cabinetry and laminate countertops in the kitchen and bathrooms. And, your feet will be pampered by 35-oz. broadloom with quality underpad in all designated areas.

Project Name: Townsgate
Location: Ajax
Housing Type: 1,450-sq.-ft. and 1,832-sq. ft. semis and towns
Starting Price: from $228,990

New Homes & Condos Magazine is an excellent source of housing information for those looking for information on new homes in Ontario, Canada. We offer the most up-to-date information on new communities across the Greater Toronto Area.

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Contact the Jeffrey Team for more information - 416-388-1960

If it’s peace and quiet you’re looking for without the sacrifice of convenience, it’s worth your while to check out Rosebank Forest Homes’ Altona Woods neighbourhood in Pickering.

There’s something for everyone in this colourful and growing community located just east of the Toronto border. Pickering offers an ideal mix of urban and rural living at a unique waterfront city.

And there’s lots to see and do around town. Take in the rural charm of quaint hamlets, the scenic shores and the serene beauty of woodlands and meadows that surround the community. Or spend an afternoon enjoying the modern conveniences of a vibrant downtown. Visit the Pickering Museum Village, the new Waterfront Trail, Millennium Square and Splash Park. Go for a stroll across Petticoat Creek Pedestrian Bridge, which crosses over Petticoat Creek. Frenchman’s Bay offers boating, fishing and water sports.

Pickering is a great refuge from hectic city life, but easy access to Hwy. 401 to the south and newly expanded Hwy. 407 to the north keep you connected to the GTA and beyond. Or, let someone else do the driving for you – public transit will take you wherever you need to go.

Rosebank Forest Homes’ newest community, Altona Woods, offers exciting designs on deep lots in a natural setting. Semis range from 1,689 to 1,965 sq. ft. and start from $279,990. Detached homes on 32- and 36-ft. lots range from 1,718 to 2,542 sq. ft. and start from $319,990.

The site’s success soared right from the start. This enclave of just 66 homes is selling quickly – 40 per cent of them sold within the first month. So, don’t delay and get in on the action today.

Architecturally controlled exteriors ensure a pleasing streetscape, and feature clay brick, soldier coursing, brick arches and other masonry details as per applicable elevations. Covered porches and front coach lights offer a warm welcome home.

Homes at Altona Woods are not only incorporated into their natural surroundings without disrupting the area’s natural beauty, designs also bring the outdoors in with a second-floor balcony, as per plan. The indoors are just as impressive as the out. The 36-ft. detached Shellbark is just one of the great designs you’ll find at Altona Woods, featuring stately nine-ft. main floor ceilings and decorative ornamental columns (as per plan).

The purchaser has a choice of quality imported ceramic tiles in the front foyer, kitchen, laundry room, breakfast area, powder room and in all bathrooms. Untiled areas on the main and second floors feature luxurious 35-oz. carpeting.

The gourmet open-concept kitchen features a raised breakfast bar (as per plan), perfect for a quick bite on the go. The purchaser has a choice of laminated countertops and custom quality cabinets. For more storage space, some models even include a pantry.

The main staircase, open to below, is finished with natural oak railings, pickets and posts (as per plan), which leads you up to the second level, where you’ll find four spacious bedrooms, including the master with walk-in closets, and three full baths, including the luxurious ensuite with a raised oval tub and separate shower, both finished in ceramic tiles (as per plan). Welcome to your refuge from the world. All bathrooms feature your choice of laminate countertops and cabinets in vanities (as per plan), oversized plate mirrors, vanity lighting and white fixtures.

The laundry room is located on the main floor for your convenience, and includes washing machine connections, a receptacle for a clothes dryer, a single-basin laundry tub and dryer vent cap. And for even more convenience, homes offer an optional side entrance and access through the garage.

Take advantage of the fantastic bonus package, which gives purchasers the Rogers Cable Bundle plus a security alarm system; a choice of five appliances or air conditioning; or $3,000 in upgrades.

Project Name: Altona Woods
Location: Pickering
Housing Type: 32- and 36-ft. detached two-storey and bungalow homes and 25-ft. semi-detached homes
Starting Price: from the $279,990

New Homes & Condos Magazine is an excellent source of housing information for those looking for information on new homes in Ontario, Canada. We offer the most up-to-date information on new communities across the Greater Toronto Area.

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Contact the Jeffrey Team for more information - 416-388-1960

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Simple doors once were acceptable to anyone. All of that has changed with the advent of french doors. With their smooth sliding and comfortable door knobs, storage is not a problem anymore. They even have a variety of patio doors.

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Anne Howland, CanWest News Service

Home prices across Canada are ripe for a fall, says one bank economist.

Adrienne Warren, senior economist with Scotia Economics, said a bustling real estate market has led to housing in many regions of the country being overvalued, increasing the risk of prices dipping in the longer-term.

“The fundamentals underpinning Canada’s real estate market are still quite good,” said Warren in Scotia Economics’ latest Real Estate Trends.

“Unemployment is low, immigration is high and apartment vacancy rates are tight. There is little evidence of overbuilding or speculative buying. The industry also has relatively little direct exposure to subprime lending, with these loans accounting for only about five per cent of domestic mortgages in recent years, compared with about 20 per cent in the United States.

“Yet there is little doubt that current trends are unsustainable,” added Warren. “Affordability is becoming increasingly stretched for many would-be buyers after almost a decade of rising real estate prices. More recently, economic risks have increased in the wake of the intensifying financial market turmoil stemming from the U.S. subprime mortgage problems.”

RBC Economics reported that real estate affordability in Canada in the second quarter worsened in every housing type, every province and every major city.

“In the second quarter, Canada’s housing affordability experienced one of the largest and most broadly based quarterly deteriorations since the mid-1990s,” said Derek Holt, assistant chief economist with RBC. “Higher real estate prices, mortgage rates, utilities and property taxes all combined to drive the country-wide deterioration.”

The Scotia Economics report noted that, in all 15 cities examined with the exception of St. John’s, N.L., house prices are above their long-term trend, with big regional variations, from one per cent above trend in Ottawa, to 25 per cent in Edmonton.

The average deviation at mid-year was roughly eight per cent, the report said.

“Some deviation from underlying trends is to be expected at the late stage of a real estate boom,” said Warren. “At the peak of the prior two housing cycles in 1976 and 1989, national home prices were 12 per cent and 18 per cent, respectively, above their long-term trend. The smaller degree of overshooting this time around, and the sustainability of price appreciation, may reflect in part an undervaluation of Canadian real estate prices in the late 1990s and into the early part of this decade.”

The Canadian Real Estate Association said last month that the national average price of a home sold in July was $311,495, a 12.6 per cent increase from a year earlier.

Warren estimated that average real home prices in the United States carried a near-record 14 per cent premium in 2005, but have since slipped below trend due to increased supply of housing and weakening demand.

In Canada, she added, most major markets are still sellers’ territory, where prices rise faster than inflation. Cities enjoying the biggest price increases have the tightest supply-demand conditions, including Regina and Saskatoon.

“The further domestic home prices climb above underlying economic fundamentals, the greater the risk of an eventual correction,” said Warren.

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Contact the Jeffrey Team for more information - 416-388-1960