$1,090,000

For sale

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12 Cragg Crescent, Ajax (Northwest Ajax) - Single Family for Sale

12 Cragg Crescent, Ajax (Northwest Ajax), Ontario, L1T0E4

5 beds4 baths4 parking ft²

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18 Carter-Bennett Drive, Ajax (Northwest Ajax), Ontario, L1T4N5

For sale

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Listed by RE/MAX REALTRON REALTY INC.

Investment analysis

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$1,090,000

Ajax

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Description

Welcome To 12 Cragg Cres, Ajax, Located On A Prime Pie Shaped Lot In High Demand Family Friendly Neighbourhood. With A Spacious And Bright Lay-Out, This 4 + 1 Bedroom - 4 Washroom Home Features 9Ft Ceilings, Main Floor Office, Separate Dining Room, Large Family Room With Gas Fireplace, And An Eat-In Kitchen With Walk-Out To Yard. This Home Also Provides Potential Additional Income With A Separate Entrance To Finished Basement Apartment Set-Up. Great Location Close To Parks, Shopping, Schools, Transit, And Hwy 412/407. (id:66096)

Property Details

MLS®: E13666598
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 37 × 82 ft (3,009 sq ft)
Frontage: 37 ft
Storeys: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $7,654/yr
Listed: 84 days ago

Rooms

Main level

Kitchen: 3.56 x 2.74 meters
Eating area: 3.56 x 3.03 meters
Dining room: 3.24 x 3.49 meters
Office: 2.73 x 3.3 meters
Family room: 4.73 x 4.55 meters

Basement

Bedroom: 3.18 x 4.09 meters
Other: 3.03 x 3.65 meters
Recreational, Games room: 3.04 x 3.77 meters

Second level

Primary Bedroom: 5.76 x 3.64 meters
Bedroom 2: 4.17 x 3.5 meters
Bedroom 3: 3.49 x 3.49 meters
Bedroom 4: 3.64 x 3.03 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

84d

Ajax (Northwest Ajax) listings, avg age

48d

Price / ft²

$484

List price

$1.09M

Homes here sell faster than most markets

Sold homes in this market spent an average of 26 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (L1T)

This home lists at $1,090,000, about 8.4× the local median household income of $130,000.

Carrying it typically needs a household income of about $212,915 (20% down, 25-yr amortization, stress-tested) — roughly 64% above the area median.

Median household income: $130,000
Population: 52,632
Median age: 37.6
Owner / renter: 88% / 12%
Avg. household size: 3.5

Source: Statistics Canada, 2021 Census (FSA L1T)

$1,090,000· $484/ft²

For sale

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Full Cost Breakdown

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Down Payment7.71% · $84,000

Min 7.71%50%

Mortgage payment$5,577/mo

↳ CMHC premium ($40,240 capitalized)

Property tax (est.)$638/mo

Total monthly$6,215

Cash Needed to Close

Down payment (7.71%)$84,000

Land transfer tax$18,275

Est. closing costs$5,770

Total cash needed$108,045

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12 Cragg Crescent, Ajax (Northwest Ajax) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L1T)

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