420 Harwood Avenue South - Ajax, ON L1S 0G6

$1,600 - $2,100

420 Harwood Avenue South
Ajax, ON L1S 0G6

Rent
1,600 ‐ 2,100
Customize Message
$1,600
$1,720
$1,850
$2,040
$1,995
$2,040
$2,100

Updated: Oct. 22, 2020

About 420 Harwood Avenue South

Building Amenities


  • Theatre room
  • Library
  • Lounge
  • Party room
  • Games room
  • Gym


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.