Apartments for Rent

73 Bayly Street, Ajax, Ontario, L1S 1N9 (Harwood Avenue and Bayly Street)

Bedroom Type
Pricing
Bathrooms
Sq. Ft.
Availability

Property Features

AC

Other

Parking

Balcony

Property Details

Outdoor Unit Features

  • Balcony

Building Features

Appliances

  • Refrigerator
  • Stove
  • Dishwasher

Building Amenities

  • Laundry Room
  • On-Site Management
  • Party Room
  • Elevator

Additional Features

  • Dishwasher
  • Fitness Center
  • Fridge / Stove
  • On Site Management
  • Parking
  • Party Room
  • Theatre Room
  • State of the Art Fitness Room
  • Exciting Games Room
  • Lounge/Library
  • Landscaped Outdoor Terrace
  • Luxury Lobby
  • Main Floor Laundry Room
  • Secured Bike Storage
  • Secured Underground Parking
  • Controlled Access
  • On-Site Management Office
  • On-Site Retail/Commercial
  • Customized flooring
  • Floor to Ceiling Windows
  • Balconies/Terraces
  • Individually Controlled Heat/AC
  • Two-Tone Paint
  • Indoor Parking ($75)

Description

Vision at Pat Bayly Square represents an exciting chapter in the development of Ajax as one of the most livable and vibrant communities in Ontario. Situated in the new heart of Ajax mere minutes from the GO Station and Hwy 401, the name says it all because it represents an incredible vision for the future that you can now be a part of.

Choose from a large selection of smartly designed suites in this contemporary building and enjoy an array of amenities including a Fitness Room, Party Room, luxurious Lobby and Landscaped Outdoor Terrace. Best of all, enjoy convenient retail at ground level of the building all steps from Pat Bayly Square with open space for gathering in the summer to ice skating in the winter months. Welcome home.

This long-term project will result in real, progressive change in the area, and will act as a gateway to Downtown Ajax, providing a meaningful urban centre for activity and community interaction in the heart of Ajax. The site will feature a prominent civic square, a mix of uses, including high quality residential, commercial and retail space, and public transit, cycling, and pedestrian amenities.

Neighborhood
Economic Benefits
The Town is expected to net approximately $36.5 million in tax revenue over the next 40 years as a result of the development. From 2013 to 2026, total Ajax property taxes net of CIP incentives are estimated at $9.5 million (20% of the total property taxes payable). From 2026 onward, Ajax property taxes from the site are estimated to be $1.4 million per year.
In addition to the property taxes, other benefits total $2.3 million worth of park land for Pat Bayly Square as well as public parking spaces, indoor public space and the extension of Kitney Drive.
The total financial benefit to the Region of Durham over the next 40 years is approximately $135 million. The Region of Durham will receive $17 million in development charges for construction of infrastructure, and approximately $120 million in property taxes.
The development will create over 200 jobs, approximately 107 spin-off jobs in the Downtown core, and approximately 20 jobs will be generated to service the residential component.
Total population at build out is estimated at 3,200 persons. It is projected that residents of the development will spend about $71.6 million on goods and services each year in Ajax, totaling $2 billion by 2053.
Direct and indirect construction-related employment will earn almost $126 million in wages and salaries.
Estimated cost of construction is $280-$300 million.
The total Town, Region and Community financial benefit combined is approximately $2.6 billion by 2053.

About Medallion Corporation

Medallion Corporation is a privately owned Toronto based, fully integrated Real Estate development & Property Management company. It is firmly rooted in the tradition of excellence that begin over 50 years ago with it's predecessor companies, Belmont Construction and Belmont Properties Inc. 
We are committed to the highest standard in maintaining and caring for our assets. The Property Management Team combines training, experience and pride to achieve the utmost in Tenant satisfaction. We use modern management information and accounting systems to ensure the efficient recording and processing of our tenants' information.
We believe the service that we provide to our clients, a comfortable and secure place to either live or work, is of the utmost importance period.
Medallion's portfolio is comprised of a full spectrum of Real Estate holdings: from highrise residential buildings to commercial office, retail and industrial properties. The portfolio also includes extensive land holdings for future developments.
Medallion continues to build on the reputation and acumen that is has achieved as one of Toronto's premier developers and property owners.
"A Symbol of Quality"

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