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Central West, Ajax
$1,199,000
RARE AJAX OPPORTUNITY - SPACE, LOCATION & INCOME ALL IN ONE! This well-maintained, carpet-free 4-bedroom, 4-washroom home features granite kitchen countertops, a bright functional layout and a spacious primary bedroom with an ensuite highlighted by a skylight. The finished basement offers 2 additional bedrooms and is currently generating $2,150/month in rental income. Backyard gate opens directly to the school grounds - perfect for families. Ideal for end users or investors looking for income potential and added value. DON'T MISS IT!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,854 |
| Lot Size | 40.07 ft x 110.02 ft |
| mls© Number | E13675380 |
| Listed By | RE/MAX ACE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,137
- Property tax
- $655
- Heat allowance
- $150
- Housing costs
- $6,942 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$214,000
gross annual household income
- Payment at 4%
- $5,046 / mo
- Cash down
- $239,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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