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Narrowing down your search criteria will help as there are currently 245 available on the market today. It's helpful to note that houses in this location are typically sitting on the market for an average of 17 days. It's a good time to be either a buyer or a seller in Ajax - the market for houses is pretty balanced.
Ajax's most popular neighbourhoods are Midtown, Westney Heights and Meadow Ridge. Strata.ca determines the most popular neighbourhoods by looking at a number of factors. Indicators include the average time a property spends on market, the average sale price, plus the percentage of homes that have sold over asking.
Riverside - Ajax, Pickering Beach and Deer Creek are Ajax's most priciest neighbourhoods. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. Not everyone can afford a home in Ajax's priciest neighbourhoods. But Pickering Village, Meadow Ridge and Clover Ridge offer incredible value at a much lower cost.
Downtown Ajax, Memorial Village and Midtown are Ajax's cheapest neighbourhoods. We isolate these neighbourhoods by looking at the average sold price over a set period of time. For context, it's important to note that Ajax's average house price is $1,112,739.
Annual property taxes cannot be overlooked when assessing what it costs to own a house in Ajax. This tax helps fund many local services, such as snow removal, fire protection, and much more. Each year, your municipality will determine its property tax rate, which typically lands between 0.5 and 2.5%. This tax is not necessarily dictated by the size of your house, which is what many Ajax homeowners tend to believe. But rather, the city's tax rate is multiplied by the property's current market value - and that can fluctuate year-to-year based on recently sold homes. If your home's market value is $500,000, and the municipal property tax rate is 1% - your property tax for that year would be $5,000.
If you're seeking a new place to call home Ajax, Strata.ca can help you. Our website lets you search for every property on the market. It's a one-stop-shop for your real estate journey. In addition to listing details, imagine having the ability to search historical data for every property in Ajax. From the average sale price to appreciation rates - Strata.ca gives you the power to learn every aspect of the neighbourhoods you're interested in.
With a walk score of 30, Ajax residents can access some amenities on foot. But for the most part, they need a car to get around. The transit score, meanwhile, is 40, indicating that this city offers a notably smaller public transportation network. For cyclists, the neighbourhood offers a bike score of 46, meaning there is limited bike infrastructure.
When looking for a house in Ajax, many buyers will overlook the closing costs. It's important to be aware of what these costs are, so you can budget accordingly prior to making an offer. At Strata, we advise our buyer clients to get a good estimate of closing costs early on. These costs can range anywhere from 1.5% - 2% of the overall purchase price. So consider a purchase price of $500,000 - 2% on that is $10,000 which should be accounted for upfront. A significant portion of your closing costs will be dedicated to the land transfer tax. These taxes are based on a percentage of the total purchase price. First-time homebuyers could be eligible for a government rebate - your real estate lawyer can help you apply for this rebate at the time of closing. Lastly, you'll need a Ajax real estate lawyer, not only to facilitate the financial transaction, but to conduct a title search and register the property under your name. Depending on the complexities of the deal, legal fees can range. But budgeting $2,000 for your lawyer is a good place to start.