Tag Archives: Ajax

LOCAL FOCUS: Pickering & Ajax

Pickering and Ajax one of the fastest growing areas in Ontario

Latest News


Pickering and Ajax one of the fastest growing areas in Ontario

Part of the Durham Region, Pickering and Ajax comprise one of the fastest growing areas in Ontario.

HOUSING OPTIONS

Often considered suburbs of Toronto, most of the housing here is single-family homes. However, the condo craze has arrived and there is a great selection of home types, from historic homes to modern townhouses and condos. But single-family homes are still the norm.

Click here to see a list of homes for sale in Ajax.

Click here to see a list of homes for sale in Pickering.

LEISURE PURSUITS

The Nautical Village, located on Pickering’s waterfront, is a fabulous day away from the hectic grind of modern life. There are many quaint shops, cafés, bakeries and restaurants, as well as a splash pad and park for the kids and beach volleyball courts. A lovely waterfront trail runs along the Frenchman’s Bay and during the summer there are concerts at Millennium Square.

Pickering Museum Village is a unique experience brought to life by “live” pioneers in 18 heritage buildings, including a blacksmith’s shop, general store, schoolhouse, temperance hotel and chapel.

The Pickering Recreation Complex offers a host of activities, including fitness classes, racquetball, squash, swimming and tennis, plus loads of children’s programs.

Pickering and Ajax are home to a number of golf courses, including Glen Cedars, Hawthorne Valley, Seaton Golf, Pickering Golf Club and Watsons’ Glen.

Ajax is home to Ontario’s only quarter horse racetrack, Ajax Downs. The central library, the Ajax Community Centre and the McLean Community Centre offer lots of programs, including swimming, ice skating and arts and crafts workshop.

PARKS & REC

Pickering is home to over 550 acres of open space including over 85 parks, sports fields and trails, as well as three conservation areas. One of the city’s gems is its Lake Ontario waterfront, with about five kilometres of it publicly accessible, three of them beach areas. There are also public areas around Frenchman’s Bay and the Hydro Marsh. Canoeing, kayaking, paddle boarding, wind surfing and sailing make Pickering a perfect place for water sports enthusiasts.

Conservation areas including Petticoat Creek, Claremont Conservation Area and Greenwood Conservation Area, are operated by the Toronto and Region Conservation Authority.

Ajax also has an expansive system of cycling and walking trails totally 74 kilometres. Veterans’ Point Garden commemorates the town’s history and is dedicated to the HMS Ajax, the DIL Plant and the employees who lived in Ajax during the World War II.

RETAIL THERAPY

Pickering has a number of shopping opportunities, including the shops, restaurants and cafés located in its quaint downtown. The Pickering Town Centre has over 200 shops and services and big box stores can be found at the Brock Power Centre and the Shops at Pickering Ridge. The Durham Centre, located on Highway 2 in Ajax, offers close to 1 million square feet of shopping in a large-scale power centre format.

Pickering Village — an old Quaker Village — is filled with numerous shops, specialty boutiques and gourmet restaurants.

EASY ACCESS

Transit is supplied by Durham Region Transit and GO Transit train and bus service. Highway 401 is the main arterial hub taking drivers west to the DVP or east to Highway 115.

BY THE NUMBERS

Pickering population: 91,770

Ajax population: 119,670

Pickering walk score: 50

Ajax walk score: 47

Pickering.ca

Ajax.ca


SHARE  

Featured Products


Oshawa

What the GM plant closure means for Oshawa’s economy and housing market

Latest News


What the GM plant closure means for Oshawa’s economy and housing market

Oshawa

General Motors Canada has confirmed that it plans to close all assembly operations in Oshawa, Ont. after next year, leaving the community reeling with concern for the local economy and housing market.

And with good reason.

Auto manufacturing in the city of about 170,000 dates back as far as 1907, and the plant is still a major employer. It employs about 2,500 hourly and 400 salaried workers, with many more engineers working at GM’s adjacent Regional Engineering Centre.

Oshawa Mayor John Henry has said the closure would have ripple effects well beyond the city, hurting businesses and families throughout the Durham Region.

“From a personal finance perspective, this news is devastating for the people of Oshawa,” says Rubina Ahmed-Haq, personal finance expert. “Not only the ones whose jobs will be affected and have the obvious financial impact of losing a steady income. But, also those who depend on those workers to run their businesses – everything from restaurants to dry cleaners to places of interest around the area will be impacted. As well as property values, which are already much lower in Oshawa compared to other parts of the GTA, will take a further hit.”

Durham Region home prices

Illustrating Ahmed-Haq’s point, home prices in the Durham Region have already been feeling the pinch.

 

Historical average home prices, Durham Region
2018: $591,739 (as of October)
2017: 624,225
2016: $528,475
2015: $439,842
2014: $388,610
2013: $354,548

Source: Canadian Real Estate Association

 

Values continued to decrease during the third quarter of 2018, according to the latest Royal LePage House Price Survey. Over the three-month period, the aggregate home price in Oshawa and Ajax decreased 2.8 per cent and six per cent year-over-year to $538,757 and $664,640, respectively. Home values in Pickering also depreciated when compared to the same time last year by 4.4 per cent to $709,260, and the aggregate price in Whitby decreased 3.5 per cent to $677,243.

Oshawa median home prices

Standard two-storey homes
Q3 2018 $557,071
Q3 2017 $576,922
Q/Q % change 0.8
Yr/yr % change -3.4

Detached bungalows
Q3 2018 $512,001
Q3 2017 $517,237
Q/Q % change 2.3
Yr/yr % change -1.2

Standard condos
Q3 2018 $278,224
Q3 2017 $281,864
Q/Q % change 0.3
Yr/yr % change -1.3

Aggregate
Q3 2018 $538,757
Q3 2017 $554,070
Q/Q % change 1.2
Yr/yr % change -2.8

Source: Royal LePage National House Price Composite, October 2018

 

What we can expect in the housing market

“After an announcement such as this, we often witness an immediate softening of purchase demand in the city and its surrounds, while the shock and reality of the situation settles in,” Don R. Campbell, real estate expert and author told HOMES Publishing. “This slowdown doesn’t hit the stats immediately, as there are a lot of deals that are already in the process of closing in the next couple of months. However, come February, the numbers begin to reflect the new reality. That is phase one.

“Phase two is when average sale prices begin to fall, as confidence in the market begins to slip further. In other scenarios, it is just a sign of a move ‘down-market’ or to lower priced properties. However, in today’s world, the existing ‘stress-test’ will be combined with this lack of confidence to exacerbate the normal situation.”

A third phase may follow eight months to a year after the actual closure, when EI benefits begin to run to the end of their course, confidence in the potential return of the GM jobs begins to fade and families have to start making big decisions of relocation to find new appropriate jobs.

“In other words,” Campbell says, “the announcement of and the subsequent closing of the plant kicks off a predictable but sad ripple effect that will last for years.”

If there is one potential saving grace in this news, it’s that Oshawa and the surrounding area has a more diverse economy than in the past, which will help slightly buffer the pain, says Campbell.

“However, the pain is coming and it is real and far reaching.”

The Oshawa plant is not the only facility to be affected by GM’s decision to “accelerate its transformation for the future.” Two locations in the Detroit area are also scheduled to be shut down, which could have spillover affects in related industries across the border in the Windsor, Ont. area.

RELATED READING

Oshawa housing to move into buyers’ market thanks to GM closure

New home buying opportunities abound in Oshawa and Durham Region

Focus on Whitby and Oshawa

6 Ontario municipal elections to watch regarding housing

 

SHARE  

Featured Products


Editor's Choice: Fourteen Estates

Editor’s Choice: Fourteen Estates

Latest News


Editor’s Choice: Fourteen Estates

Eden Park in Clarington combines modern design with innovative high-performance construction

An exciting new concept in luxury living is coming to the picturesque Clarington countryside in the eastern GTA. Eden Park is an enclave of 28 estate-size lots with energy-efficient homes in Newtonville, a rural village located close to the urban amenities of Bowmanville and the historic charm of Port Hope and Cobourg.

For this ground-breaking development, award-winning builder Fourteen Estates of Ajax sought out Bone Structure, a leader in sustainable construction with its steel-frame houses, to create Eden Park’s innovative contemporary residences. The homes will be Net Zero Ready, potentially saving homeowners up to 90 per cent in energy costs.

Fourteen Estates is well known as a builder of high-end custom homes in exclusive locations, but the company is expanding its focus.

“We will always do high-end custom homes but we are branching into high-tech engineered homes and Eden Park will be our transition into this market,” said Fourteen Estates president Shawn Rondeau. “We are very excited about this site.”

“This is likely the first modern design and high-performance subdivision of its kind in Ontario,” says Marc Bovet, founder and CEO for Bone Structure. “The homes will have large open spaces and be very energy efficient, thanks to our high-performance building envelope and patented steel structure construction system.”

With Bone Structure providing the building system for Eden Park, the precision-designed homes will be completed in a much shorter time frame than with conventional construction methods. With few load-bearing walls, the steel-structure homes facilitate expansive open-concept spaces and can easily accommodate future additions or reconfiguration of spaces.

Cassidy & Co. Architectural Technologists, Ontario leaders in new home residential design, collaborated with Bone Structure’s design team to create home designs that are contemporary yet classic, with generous windows, neutral tones and contemporary long board, stone and brick detailing inspired by nature. The homes will be rich in the fine details and superior craftsmanship that Fourteen Estates has built its reputation on.

The homes will incorporate the best available non-toxic building materials available. And the steel structure is resistant to rot or mould and is fully recyclable.

With lots three-quarter of an acre or larger in size and layouts from 2,600 to 3,700 square feet, the homes are ideal for growing families. Eden Park’s location just north of Highway 401 makes for easy commuting. The site is less than 10 minutes east of the village of Newcastle, which has pharmacies, grocery stores, coffee shops and restaurants.

Eden Park will also appeal to baby boomers looking for a quiet yet comfortable lifestyle; a bungalow design is among the plans on offer for those scaling down.

Homeowners can enjoy all that the municipality of Clarington has to offer with its blend of urban amenities and rural flavour. It has villages and towns with quaint main streets, farmers’ markets, craft breweries, parks, trails, golf courses, marinas and many annual festivals.

Eden Park is within minutes of Northumberland County, where visitors can enjoy the history and culture of Port Hope, spend a day at Cobourg’s famous beach, or hike, bike, horseback ride or cross-country ski the 11,000 acres of the Ganaraska Forest. Prince Edward County’s popular wine country is just over an hour away.

“The community of Eden Park has been created by a team of like-minded experts that is not afraid to push the envelope to bring a new level of design innovation to the residential home industry,” says Mark Wadden of Blue Elephant Group Inc., the company overseeing the sales and marketing for the project. “The integrity and reputation of Fourteen Estates provides the assurance that those who choose to live here can feel confident that they have chosen an exceptional home.”

EDEN PARK

The Sales Centre is open by appointment only. Register online to receive more information.

647.668.3695
LiveLarger.ca



SHARE  

Featured Products


cl_oct17_lf_gta_east_fi

Local Focus: GTA East

Latest News


Local Focus: GTA East

Housing Options:

Pickering, Ajax, Whitby and Oshawa all have historic downtowns with the requisite collection of century homes, but new subdivisions are quickly changing the landscape. Developers have also responded to the need for more affordable housing and the condo boom has arrived.

Leisure Pursuits

In Pickering, The Nautical Village is a fabulous day away from the hectic grind of modern life. There are many quaint shops, cafés, bakeries and restaurants, as well as a splash pad and park for the kids and beach volleyball courts. Pickering Museum Village is a unique experience brought to life by “live” pioneers in 18 heritage buildings.

The Whitby Public Library is a state-ofthe- art building that offers an extensive array of collections and programs as well as the Whitby archives. One of Whitby’s bestknown historic sites is the infamous Camp X, which was a secret spy training facility during World War II. Established by Sir William Stephenson, the “Man Called Intrepid,” British and allied forces also used the camp as a communications link between Britain and the United States with overseas information passing secretly between allied nations.

In Oshawa, The Robert McLaughlin Gallery is the largest in Durham Region and features a collection of more than 4,000 works of art. The Military Museum has Canada’s largest collection of operational military vehicles, and the Canadian Automotive museum is housed in a 1920s car dealership and has 60 vehicles on display.

Parks & Rec

There are great recreational areas along the Lake Ontario waterfront in all four of the municipalities. In Pickering, Frenchman’s Bay offers canoeing, kayaking, paddle boarding, wind surfing and sailing. Conservation areas include Petticoat Creek, the Claremont Conservation Area and the Greenwood Conservation Area.

In Ajax, you can enjoy nature at the Greenwood Conservation Area and the town’s expansive system of cycling and walking trails, which totals 74 kilometres.

There are over 100 parks maintained by Whitby and over 60 kilometres of trails, including the Bio-Diversity Trail, the Cullen Central Park Trails, Otter Creek Trail and the Whitby Shores Waterfront Trail. The 670-acre Lynde Shores Conservation area, together with the adjacent Cranberry West Tract, is known for its wildlife and provides habitat for nesting birds.

Oshawa also boasts beautiful and pristine wildlife preserves, including the Pumphouse Marsh, Second Marsh and the McLaughlin Bay Wildlife Reserve. On Oshawa’s Lake Ontario shoreline you will find Lakeview Park with many picnic areas, playgrounds, sports fields, a waterfront pier and sandy beaches.

Retail Therapy

The Oshawa Centre is the largest shopping complex in Durham Region and is home to over 230 establishments that include retail, food outlets and a variety of services. In each of the municipalities’ downtowns you’ll find a variety of unique shops and restaurants.

In Whitby, Pearson Lane is a historical development that houses boutiques, cafés and services. Pickering Village — an old Quaker Village — is filled with numerous shops, specialty boutiques and gourmet restaurants provide a wide selection of goods and services.

Easy Access

Public transit is provided by Durham Region Transit, which connects with the other cities in Durham Region, including Clarington, Brock and Uxbridge. Highway 401 runs through the south of the region and Highway 7 runs across its northern edge. Highway 407 ETR is being extended to Highways 35 and 115 and will cross the top of Durham Region.

BY THE NUMBERS
Pickering population: .96,000
Ajax population: . . . .120,000
Whitby population: …134,900
Oshawa population: .168,000
WALK SCORES
Pickering: . . . . . .50 average
Ajax: . . . . . . . . . .47 average
Whitby: . . . . . . . .43 average
Oshawa: . . . . . . .51 average

Pickering.ca
Ajax.ca
Whitby.ca
Oshawa.ca

SHARE  

Featured Products