$658,000 - 1 Glenwood Terrace, Ajax
Detached for Sale in Ajax
- MLS Number
- E13211582
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Ajax
- Listing Brokerage
- REVEL REALTY INC.
Welcome to 1 Glenwood Terrace - a hidden gem tucked away on an exclusive private cul-de-sac in one of Ajax's most desirable family-friendly pockets. This beautifully maintained detached home offers 2 spacious bedrooms upstairs plus an additional bedroom in the finished basement, making it perfect for growing families, downsizers, or multi-generational living. Step inside to a bright and inviting layout featuring a spacious living and dining area, large picture windows, and a functional eat-in kitchen with walk-outs to a stunning wraparound deck - ideal for entertaining or enjoying peaceful mornings outdoors. The finished basement adds exceptional versatility with a cozy recreation room, additional bedroom, and full bathroom. Situated on a rare pie-shaped lot with an oversized detached garage and extended driveway, this home offers both privacy and convenience. Enjoy being just minutes to parks, schools, Ajax waterfront trails, library, hospital, shopping, transit, Highway 401, and every major amenity. A truly rare opportunity to own a move-in ready home in one of Ajax's best hidden locations where only a handful of families call this street home.
Estimate your monthly payments for this property
Estimated Payment
$3,375.88/mo
Includes CMHC insurance ($18,358)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Ajax
Ajax is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Ajax
- •Convenient location in Ajax
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Ajax offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Glenwood Terrace, Ajax
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $940/sqft, this property is priced in line with current Ajax market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Ajax are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Ajax properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,742 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.