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Listed 2 months ago

35 Seward Crescent

Northeast Ajax, Ajax

$1,199,000

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

Over $152,000 in original builder upgrades on a wide 62-foot lot in Northeast Ajax's sought-after Hamlet community by Tribute Communities, with a finished basement and separate entrance delivering immediate rental income potential. This 4+2 bedroom, 4-bathroom detached home spans 2,500sqft with 9-foot ceilings, rich dark hardwood floors across the entire main level, wrought iron staircase railings, and an open-concept layout flowing from the granite kitchen, ceramic tile flooring through the formal dining room to the family room anchored by a gas fireplace. The primary suite has a 4-piece ensuite and closet organizers; three additional upper bedrooms each have walk-in closets. The fully finished lower level features a private separate entrance, two bedrooms, a 4-piece ensuite, recreation room with approximately 30 pot lights, and a games room - a complete suite that significantly offsets carrying costs for owner-occupants and investors alike. Private double driveway, 2-car built-in garage, tumbled stone patio, three minutes to schools and parks, and seamless access to Highways 401, 407, and 412.

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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$8,038
Lot Size62.34 ft x 67.26 ft
mls© NumberE13424182
Listed ByRARE REAL ESTATE

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%
$6,137
Property tax
$670
Heat allowance
$150
Housing costs
$6,957 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$214,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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