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New5 days ago

35 Magill Drive

Central, Ajax

$1,089,000

Detached|2-Storey
4 | 4 | 6
About this home

Welcome to a beautifully maintained detached family home offering an abundance of space, natural light, and exceptional versatility in the heart of Ajax. Designed with growing families in mind, this spacious home features separate living, dining, and family room, with a cozy gas fireplace creating the perfect gathering space. The large kitchen offers ample cabinetry, generous counter space, and a bright breakfast area overlooking the backyard-ideal for everyday living and entertaining. Boasting 5 bedrooms and 4 bathrooms, this home provides plenty of room for the entire family. The fully finished basement apartment offers excellent rental income potential and includes a tenant who is willing to stay, making it a fantastic opportunity for investors or homeowners looking to offset their mortgage. Location is everything, and this home truly delivers. Situated in one of Ajax's most convenient and family-friendly neighbourhoods, you're just steps to public transit, grocery stores, shopping, schools, parks, restaurants, and the Ajax Community Centre, with quick access to Highway 401 for an easy commute throughout the GTA. Whether you're searching for a spacious family home or a smart investment with built-in income potential, this home offers the perfect combination of comfort, convenience, and value. This is one home you won't want to miss!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,760
Lot Size40.06 ft x 110 ft
mls© NumberE13627498
Listed ByCENTURY 21 INNOVATIVE 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%
$5,574
Property tax
$647
Heat allowance
$150
Housing costs
$6,371 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $217,800
25-yr amortization

Income needed

$196,000

gross annual household income

Payment at 4%
$4,583 / mo
Cash down
$217,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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