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The phrase "ability to take advantage" is correct and usable in written English.
It can be used when discussing someone's capacity to utilize opportunities or resources effectively.
Example: "Her ability to take advantage of market trends has significantly boosted the company's profits."
Alternatives: "capacity to leverage" or "skill in utilizing".
Exact(60)
We have the ability to take advantage of that.
They have a special ability to take advantage of strong summer rainfall.
Iraq's leaders have neither the intention nor the ability to take advantage of calm, relative or otherwise.
So something is clearly happening about their ability to take advantage of the opportunities that other ethnic groups do manage".
"But the reality is that very few people have the cycling ability to take advantage of all that".
A second skill that librarians of the future will require is the ability to take advantage of a networked environment.
We distinguish opportunists as agents who have unusual willingness and ability to take advantage of necessary imperfections in the law.
Most think that it has huge potential but are uncertain about their ability to take advantage of it.
So you foresee an enhanced generation emerging because of their ability to take advantage of various drugs and treatments?
The ability to take advantage of autonomous cars' caution is likely to extend to all road users.
He warned that health problems like AIDS and inadequate education reduced poor countries' ability to take advantage of money they saved in debt payments.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com