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New3 hours ago

865 Riverside Drive

Central West, Ajax

$1,899,999

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

Welcome to this magnificent custom-built 6-bedroom detached home in the sought-after Central West Ajax community, offering over 4,185 sq. ft. of spacious and beautifully designed living space. This impressive residence features a grand layout with generously sized principal rooms, elegant finishes, and magnificent windows throughout that allow an abundance of natural sunlight to pour into every corner of the home. The main level offers a welcoming atmosphere with a bright family room featuring a fireplace, a spacious living and dining area perfect for entertaining, and a functional kitchen layout designed for everyday family living. With 6 bedrooms, multiple washrooms, and a thoughtfully designed floor plan, this home provides exceptional comfort and space for growing families. A standout feature is the newly renovated, never-lived-in walkout basement with a separate entrance, its own kitchen area, and full bathrooms. This versatile space is ideal for a private in-law suite, multi-generational living, or a potential rental opportunity, offering excellent flexibility and added value. Situated on a premium lot, this home offers a double car garage, parking for up to 6 vehicles, and a desirable location close to top-rated schools, parks, shopping, transit, and major highways. A rare opportunity to own a spacious family home with exceptional living space and outstanding investment potential.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$16,509
Lot Size50.23 metres x 110.05 metres
mls© NumberE13641940
Listed ByHIGHPOINT HOMES REALTY

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%
$9,725
Property tax
$1,376
Heat allowance
$150
Housing costs
$11,251 / mo

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

Down payment20% · $380,000
25-yr amortization

Income needed

$346,000

gross annual household income

Payment at 4%
$7,996 / mo
Cash down
$380,000

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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