$599,898

For saleJust listed

24 Elgin Street, Ajax (Central) - Single Family for Sale

24 Elgin Street, Ajax (Central), Ontario, L1S1X1

2 beds1 bath5 parking900 ft²43 × 100 ft (4,300 sq ft) lot sizeListed Today

Overview

This 2-bedroom, 1-bathroom home in Ajax is for sale offering roughly 900 sq ft of space. Listed at $599,898, it is attractively priced about 35% below the $919,900 median asking price in Ajax. It has been on the market 0 days, fresher than the Ajax average of 51 days.

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Description

Charming Home, Endless Possibilities & A Mechanic's Dream Garage! Welcome to 24 Elgin Street, nestled in an established Ajax neighbourhood! Full of character and opportunity, this home offers comfortable living spaces, a functional layout and plenty of potential to make it your own. The unfinished basement, complete with a fireplace, provides additional space ready for your imagination and personal touches. The real standout is the detached, tandem two-car garage - a mechanic's or hobbyist's dream! With room for vehicles, tools, projects and storage, this versatile space is a fantastic bonus for car enthusiasts and those needing extra workspace. Conveniently located near parks, shopping, schools, transit and commuter routes. Whether you're a first-time buyer, downsizer or someone looking for a property with potential, this is an opportunity you won't want to miss. (id:66096)

Property Details

MLS®: E14147148
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 43 × 100 ft (4,300 sq ft)
Frontage: 43 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 4.58 x 3.48 meters
Eating area: 2.96 x 2.18 meters
Kitchen: 2.52 x 2.74 meters
Dining room: 2.66 x 2.49 meters
Primary Bedroom: 2.96 x 2.33 meters
Bedroom 2: 3.45 x 2.29 meters

Basement

Recreational, Games room: 6.81 x 5.58 meters
Laundry room

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Laminate
Foundation: Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Ajax (Central) listings, avg age

51d

Price / ft²

$667

List price

$600K

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.

Haho

This 2-bed single family in Ajax (Central) has been listed for 0 days, which is 51 days fresher than the city average of 51. Act while there is still low competition.

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Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD. · MARY ROY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1S)

This home lists at $599,898, about 6.0× the local median household income of $100,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.

Median household income: $100,000
Population: 42,045
Median age: 42
Owner / renter: 75% / 25%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L1S)

$599,898· $667/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment5.83% · $34,989.80

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$361/mo

Total monthly$3,493

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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