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Listed 1 year ago

204 Lake Driveway N/A W

South West, Ajax

$1,195,898

Detached|2-Storey
4 | 3 | 6
About this home

Don't miss out! This is your chance to nestle in South Ajax By The Lake! This 4-bedroom home includes a finished walk-out basement and bamboo flooring throughout the open-concept living and dining areas, creating a warm, modern feel. The bright eat-in kitchen offers a pantry and a walk-out to the sun deck, ideal for morning coffee or evening entertaining. The upper level family room includes a fireplace. Upstairs, the primary suite includes his and her closets, and a 4 piece ensuite, plus three additional bedrooms, providing plenty of room for family & guests. Additional living space in the basement offers an open concept rec room with a walk-out to patio. This home offers the perfect balance of lifestyle, comfort, and convenience in one of Ajax's most desirable lakeside communities. Steps from the waterfront, trails, and parks.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,609
Lot Size41.16 ft x 105.51 ft
mls© NumberE12359062
Listed ByRE/MAX HALLMARK FIRST GROUP REALTY LTD.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,121
Property tax
$551
Heat allowance
$150
Housing costs
$6,822 / mo

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

Down payment20% · $239,180
25-yr amortization

Income needed

$210,000

gross annual household income

Payment at 4%
$5,033 / mo
Cash down
$239,180

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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