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Central West, Ajax
$1,049,900
TURN-KEY INVESTOR OPPORTUNITY! Beautiful 3 BR Detached Home with a Walk-Out Basement Apartment! SELLER LEASEBACK REQUIRED: Seller wishes to remain as qualified tenants under a 2 year lease at Market Rent following closing! Enjoy immediate cash flow from proud owners as tenants with zero lease-up costs or vacany risk from day one! Separately rented basement apartment adds to the Income! Will suit anyone who wants to invest now and move in 2 years! Very well maintained Home by the owners!! Upgraded, Functional Layout, Plenty of Sunlight! Living/Dining Room is modified to a modern Open Concept Layout! Modern Renovated Kitchen with a Centre Island & Breakfast Area! Spacious Separate Family Room with Fireplace! Beautiful Interlock Finish Driveway! Close to Ajax GO Station, Ajax Costco, Shopping, 401, Schools & Parks!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,090 |
| Lot Size | 35.11 ft x 100.98 ft |
| mls© Number | E13829500 |
| Listed By | CENTURY 21 LEADING EDGE 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%
- $5,374
- Property tax
- $508
- Heat allowance
- $150
- Housing costs
- $6,031 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$186,000
gross annual household income
- Payment at 4%
- $4,418 / mo
- Cash down
- $209,980
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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