1365 Salem Road, Ajax

Price: $649,000

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: E13210744

Welcome to this beautifully updated 3-storey 2 Bedroom Townhome in the heart of Northeast Ajax, ideally located near Salem Rd & Rossland Rd-perfect for first-time buyers or downsizers looking for style, comfort, and convenience. Step into a bright and open concept main floor featuring 9 FT ceilings, large windows that flood the space with natural light, and a seamless layout ideal for both everyday living and entertaining. The modern kitchen is a standout, complete with a breakfast bar, new backsplash, LED under-cabinet lighting, and a walkout to a spacious private terrace-perfect for morning coffee or summer evenings. Freshly painted throughout and enhanced with new, modern light fixtures, this home offers a clean, move-in ready feel. The spacious primary bedroom includes a private 4-Piece ensuite bath, while the second bedroom provides flexibility for guests, a home office, or growing families. With 2 well-appointed bathrooms, functionality meets comfort at every level. Located in one of Ajax's most desirable and rapidly growing communities, you're just minutes from top-rated schools, parks, shopping, restaurants, and transit. Quick access to Hwy 401, 407, and the GO Transit makes commuting a breeze, while nearby green spaces like Greenwood Conservation Area and the scenic Ajax Waterfront Trail offer the perfect balance of urban convenience and outdoor lifestyle. A turnkey opportunity in a thriving location-this is one you don't want to miss. Close To Parks, Schools, Shops, Amazon, Recreation Center, Durham Live, 401/407, Hwy 7, Go, POTL Fee $160.00 Incl. Road Snow Removal, Grass Cut, Garbage Pickup.

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$649,000 - 1365 Salem Road, Ajax

Townhouse for Sale in Ajax

2Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
E13210744
Property Type
Townhouse
Status
active
Days on Site
16
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Ajax
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to this beautifully updated 3-storey 2 Bedroom Townhome in the heart of Northeast Ajax, ideally located near Salem Rd & Rossland Rd-perfect for first-time buyers or downsizers looking for style, comfort, and convenience. Step into a bright and open concept main floor featuring 9 FT ceilings, large windows that flood the space with natural light, and a seamless layout ideal for both everyday living and entertaining. The modern kitchen is a standout, complete with a breakfast bar, new backsplash, LED under-cabinet lighting, and a walkout to a spacious private terrace-perfect for morning coffee or summer evenings. Freshly painted throughout and enhanced with new, modern light fixtures, this home offers a clean, move-in ready feel. The spacious primary bedroom includes a private 4-Piece ensuite bath, while the second bedroom provides flexibility for guests, a home office, or growing families. With 2 well-appointed bathrooms, functionality meets comfort at every level. Located in one of Ajax's most desirable and rapidly growing communities, you're just minutes from top-rated schools, parks, shopping, restaurants, and transit. Quick access to Hwy 401, 407, and the GO Transit makes commuting a breeze, while nearby green spaces like Greenwood Conservation Area and the scenic Ajax Waterfront Trail offer the perfect balance of urban convenience and outdoor lifestyle. A turnkey opportunity in a thriving location-this is one you don't want to miss. Close To Parks, Schools, Shops, Amazon, Recreation Center, Durham Live, 401/407, Hwy 7, Go, POTL Fee $160.00 Incl. Road Snow Removal, Grass Cut, Garbage Pickup.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

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5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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.

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Neighbourhood Guide: Ajax

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

1365 Salem Road, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,605

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $590/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Ajax have shown strong appreciation as families seek more space.

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 $2,704 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1365 Salem Road, Ajax — $649,000 | Battaglia Team