Project Description
LAKE POINTE AT DISCOVERY BAY
LAKE POINTE AT DISCOVERY BAY
Estimated Completion: 2027 | Starting at:$598,000s
Discover Lake Pointe at Discovery Bay: Luxurious Condos & Towns in Ajax!
Nestled within the picturesque Discovery Bay community in Ajax, Lake Pointe is an exquisite new collection of Condos & Towns that is set to captivate residents. Situated at the intersection of Lake Driveway W and Westney Rd S, this remarkable development offers a serene natural environment with immediate access to the Trans Canada Trail along Duffin’s Creek and the breathtaking shores of Lake Ontario.
Embrace the perfect blend of nature and convenience at Lake Pointe, as residents will enjoy the proximity to an array of desirable urban amenities. With Big Box Stores, Shops, Restaurants, Grocery Stores, Lakeridge Health Ajax Pickering Hospital, Highway 401, and Ajax GO Station just minutes away, convenience is at your doorstep.
Starting at an attractive price of $598,900, Lake Pointe presents an exceptional opportunity to own a luxurious residence in an enviable location. Experience the beauty of Ajax while indulging in a modern and upscale living experience at Lake Pointe.
Don’t miss out on this exciting opportunity—come and discover Lake Pointe at Discovery Bay today!
Population Growth and Economic Outlook in Ajax
Ajax, currently home to over 100,000 residents, is expected to see significant growth, reaching a projected population of over 137,670 by 2031. Concurrently, employment opportunities are set to increase to over 49,290 jobs. This upward trajectory will further enhance Ajax’s allure, driving the demand for housing in the city.
Prime Location in Durham Region
Nestled in the heart of Durham Region, Ajax is a dynamic and diverse town known for its stunning waterfront. Spanning 7 kilometers, the coveted 70-hectare waterfront area provides captivating views of Lake Ontario. With over 400 hectares of parks, trails, and conservation areas, nature lovers will find plenty to explore. Ajax also offers notable landmarks like Casino Ajax, Lakeridge Health Ajax Pickering Hospital, and an array of fantastic shopping destinations.
Growing Demand for Housing in Ajax and Durham Region
Durham Region, including Ajax, is undergoing rapid growth, with an estimated need for over 89,000 new homes by 2031. However, the projected supply of 65,000 homes falls short by over 24,000, resulting in increased demand and upward pressure on real estate values and rental prices.
Trusted Developer Creating Exceptional Communities
Your Home Developments, renowned for their excellence, crafts exceptional communities. They expertly select prime locations near top schools, convenient amenities, transportation, and beautiful parklands, ensuring convenience, cleanliness, greenery, and affordability.
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% November 15, 2023 // 2.5% May 15, 2024 // 2.5% November 15, 2024 // 2.5% May 15, 2025 // 2.5% November 15, 2025 // 5% on Occupancy
Incentives*: 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