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Listed 20 days ago

72 Warwick Avenue

South East, Ajax

$1,339,000

Detached|2-Storey
4 | 4 | 4
About this home

"LEGAL RETROFIT BASEMENT APARTMENT" Highly desirable Ajax lakeside community, fantastic 2 storey Tribute built home with premium pie shaped lot backing onto Conservation area and siding onto Park. This home offers nearly 3000 sq.ft. of thoughtfully designed living space on a private, beautifully treed lot. The main level boasts a bright, open concept layout featuring a spacious family room and large eat-in kitchen with granite counters and stainless steel appliances and a walk-in pantry. Walkout to deck with convenient yard access. A large combined living and dining room offers elegant entertaining space, while a dedicated main floor den provides the perfect quiet retreat for a home office of library. Upstairs, the home caters to large families with a convenient upper level laundry room and a rare Second Family Room, offering incredible versatility as a media hub or a homework zone. Four generous size bedrooms provide ample comfort for everyone. The second bedroom has a private balcony for morning coffee. Adding immense value, the walk-out lower level features a large, Legal Retrofit Basement Apartment with its own separate entrance. This premium income or multi-generational suite includes a eat-in kitchen with a breakfast bar, granite counters and stainless steel appliances. The cozy living room has a large picture window and gas fireplace and is combined with the dining room. Separate bedroom with a walk-in closet, independent laundry and storage facilities. Private covered entrance makes this apartment easily accessible for family or as a rental unit - a rare opportunity! This lakeside community home with waterfront walking and biking trails is yours to enjoy!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$10,200
Lot Size42.27 ft x 114 ft
mls© NumberE13667778
Listed ByREMAX CONNECT REALTY

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,854
Property tax
$850
Heat allowance
$150
Housing costs
$7,854 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $267,800
25-yr amortization

Income needed

$242,000

gross annual household income

Payment at 4%
$5,635 / mo
Cash down
$267,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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