$1,468,800
Ajax
5 Southam Street, Ajax (Central East), Ontario, L1Z1R6
This 8-bedroom, 5-bathroom home in Ajax is for sale offering roughly 3,250 sq ft of space.
Welcome to 5 Southam Street - a stunning modern detached home in one of Ajax's most sought-after family-friendly neighborhoods. This beautifully upgraded 2-storey and loft residence offers exceptional value with premium finishes throughout, including pot lights on the main floor, 9 Ft Ceiling, smooth ceilings, hardwood flooring throughout, quartz countertops, two chef-inspired pantries, and a spectacular island kitchen perfect for entertaining and everyday living. Featuring 5 spacious bedrooms and a functional open-concept layout, this sun-filled home is enhanced by oversized windows that create a bright and inviting atmosphere throughout. The luxurious primary retreat boasts a walk-in closet and spa-like 5-piece ensuite. Adding incredible versatility and income potential of Approx. $2,400 is the city-approved legal basement apartment with a separate entrance, Engross windows, Kitchen complete with quartz countertops and its own stainless appliances. THIS PROPETY OFFERS LEGAL BASEMENT! All basement bedrooms include walk-in closets, making it ideal for extended family or rental income opportunities. The basement is fully insulated with Rockwool insulation in the ceilings and walls, plus DMX insulation beneath the flooring for enhanced comfort, soundproofing, prevent dampness and musty smell, and energy efficiency. Step outside to a large privately fenced backyard perfect for entertaining and family gatherings. Enjoy the convenience of a no-sidewalk driveway and attached 2-car garage offering ample parking. Additional upgrades include newer shingles completed in 2022.Located in an exceptional community with great schools and friendly neighbors, this home is minutes from Durham Centre featuring Costco, Walmart, Canadian Tire, Home Depot, Home Sense, restaurants, movie theatre, and quick access to Highways 401 & 412. Rarely offered and move-in ready - this is the one you've been waiting for. Welcome home! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 85 days on market, against an average age of 49 days across the listings currently for sale in this city
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.
This 8-bed single family in Ajax (Central East) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,468,800, about 11.0× the local median household income of $134,000.
Carrying it typically needs a household income of about $286,908 (20% down, 25-yr amortization, stress-tested) — roughly 114% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1Z)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.