Ajax

Ajax is a waterfront town located in Durham Region in Southern Ontario, Canada. The town is named after HMS Ajax, a Royal Navy cruiser that served in the Second World War. According to the 2021 census, the population of Ajax is 125,000, which is a 6.8% increase from the 2016 census. Ajax has experienced significant growth over the years, with the town’s population increasing by 22.6% between 2011 and 2021. The town has a rich history, dating back to its establishment in 1955. Ajax has contributed significantly to the real estate industry in the Greater Toronto Area. The average price for detached homes in Ajax rose steadily and consistently from $1,017,000 in January 2020 to a record high of $1,925,000 in January 2022, which is an 89.3% increase in just two years. However, the real estate prices in Ajax have been unpredictable in 2023, with huge increases and drops with seemingly little rhyme or reason. The Toronto Regional Real Estate Board (TRREB) reported a monthly average sale price for detached homes of $1,350,000 in July 2023.
Ajax has several notable projects in the city. One of the most significant projects is the Ajax Waterfront Park, which is a 7-kilometer stretch of parkland along the shores of Lake Ontario. The park features several amenities, including a playground, picnic areas, and a splash pad. Another notable project is the Ajax Community Centre, which is a multi-use facility that includes a community center, library, and arena. The center is located in the heart of Ajax and serves as a hub for community activities and events. The town has also invested in several infrastructure projects, including road improvements and the expansion of the wastewater treatment plant. These projects have helped to improve the quality of life for residents and attract new businesses to the area.
Ajax is a growing waterfront town with a rich history and a significant contribution to the real estate industry in the Greater Toronto Area. The town has several notable projects, including the Ajax Waterfront Park and the Ajax Community Centre, which have helped to improve the quality of life for residents and attract new businesses to the area. Despite the unpredictable real estate prices in 2023, Ajax remains an attractive location for those looking to invest in the real estate market