$519,900

For sale

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25 Tompkins Lane, Ajax (South East) - Single Family for Sale

25 Tompkins Lane, Ajax (South East), Ontario, L1S3L7

4 beds2 baths2 parking ft²

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Listed by PROPERTY.CA INC.

Investment analysis

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$519,900

Ajax

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Overview

This 4-bedroom, 2-bathroom condo in Ajax is for sale offering roughly 1,500 sq ft of space. Listed at $519,900, it is attractively priced about 6% below the $554,900 median asking price in Ajax. It has been on the market 22 days, fresher than the Ajax average of 47 days.

Condos for Sale in Ajax →All real estate in Ajax →

Description

Welcome to 25 Tompkins Lane, a spacious end-unit condo townhouse offering more than 1,400 sq. ft. of living space, 4 bedrooms and 2 bathrooms. This bright and functional home features an updated kitchen, generous living and dining spaces, plus a walkout to a fully fenced backyard with no neighbours directly behind. The partially finished basement provides additional flexible living space, while the attached garage adds everyday convenience. Located in an established South Ajax community close to parks, schools, shopping, transit and the waterfront, with access to an outdoor pool and party room. (id:66096)

Property Details

MLS®: E14006422
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,500 ft²
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $594/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,848.3/yr
Listed: 22 days ago

Rooms

Main level

Living room: 5.2 x 3.2 meters
Dining room: 2.76 x 2.41 meters
Kitchen: 4.67 x 2.28 meters

Second level

Primary Bedroom: 4.59 x 3.32 meters
Bedroom: 4.06 x 3.45 meters
Bedroom: 4.24 x 2.89 meters
Bedroom: 5.3 x 2.69 meters
Bathroom: 2.69 x 1.6 meters

Basement

Recreational, Games room: 4.97 x 2.97 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

22d

Ajax (South East) listings, avg age

47d

Price / ft²

$347

List price

$520K

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 (L1S)

This home lists at $519,900, about 5.2× the local median household income of $100,000.

Carrying it typically needs a household income of about $101,555 (20% down, 25-yr amortization, stress-tested) — roughly 2% 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)

$519,900· $347/ft²

For sale

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Full Cost Breakdown

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Down Payment5.19% · $26,990

Min 5.19%50%

Mortgage payment$2,733/mo

↳ CMHC premium ($19,716 capitalized)

Property tax (est.)$321/mo

Condo fee$594/mo

Total monthly$3,647

Cash Needed to Close

Down payment (5.19%)$26,990

Land transfer tax$6,873

Est. closing costs$4,060

Total cash needed$37,923

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

25 Tompkins Lane, Ajax (South East) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L1S)

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Full Cost Breakdown