Clear  |  More Options ▼

Building Rental Info

Managed by: Medallion Corporation
Vision at Pat Bayly Square
High-Rise Apartment
65 Bayly St Ajax, Ontario L1S 1N9

4Rent ID Code: 4R8375 416-256-XXXX

Available Rentals

  • 1 BR
  • 1 Bdrm
  • 1 Bath
  • Call for Availability
  • 1BR + Den
  • 1 Bdrm
  • 1 Bath
  • Call for Availability
  • 2 BR
  • 2 Bdrm
  • 1 Bath
  • Call for Availability
  • 2BR + Den
  • 2 Bdrm
  • 1.5 Bath
  • Call for Availability
  • 3BR
  • 3 Bdrm
  • 2 Bath
  • Call for Availability

Additional Information:

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.

View More Properties in Ajax, Ontario by Medallion Corporation

Find more about Medallion Corporation exit from 4rent.ca

NEARBY APARTMENTS FOR RENT

  • Call for Availability
    High-Rise Apartment
    65 Bayly St,
    Ajax
    Medallion Corporation
    4Rent ID: 4R8375
    view details

    1•2•3 bedrooms

    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...... view details

  • From $1188/month
    High-Rise Apartment
    60 Exeter Rd.,
    Ajax
    Northview Apartment REIT
    4Rent ID: 4R2065
    view details

    1•2•3•Studio/Bachelor bedrooms

    Great location - easy access to everything you need! We have bachelor, 1, 2 and 3 bedroom suites available. Contact us for full details. Building & suite amenities: