$989,000 - 138 Reed Drive, Ajax
Detached for Sale in Ajax
New — Listed 2 days ago- MLS Number
- E13452758
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Ajax
- Listing Brokerage
- SUTTON GROUP-HERITAGE REALTY INC.
Welcome to 138 Reed Dr, Ajax - your turn key dream home. Discover this beautifully updated spacious 2 storey detached home nestled in the highly desirable heart of Central Ajax offering a perfect blend of modern luxury and comfort. This home features 3+1 bedrooms, four fully remodeled bathrooms and a fully finished basement. An ideal layout for growing families. Showing exceptional pride of ownership, nearly every detail of this property has been extensively updated over the past 5 to 6 years. ---Gourmet kitchen--- with all new modern appliances. ---Interior finishes--- Freshly painted throughout with new baseboards trim and flooring, plush new carpeting on the stairs and second floor with elegant California shutters. ---Mechanical and exterior--- Brand new roof September 2025, new furnace and air conditioning unit, gas fireplace, all new exterior doors and full back yard fencing. ---Backyard Oasis--- A large deck and Gazebo equipped with custom curtains, creating the perfect setting for outdoor entertaining. Absolutely everything has been done for you. Simply move in and enjoy. ---Unbeatable location--- Commuting is effortless with a short walk to the Ajax GO station and major bus routes plus quick access to highways 401 and 412. Enjoy ultimate convenience with top rated schools, parks, recreation centers, major shopping outlets and the local hospital just minutes away. Don't miss this rare opportunity to own a truly pristine , worry free home in one of Ajax's most convenient communities. *Please view Virtual Tour*
Estimate your monthly payments for this property
Estimated Payment
$5,074.08/mo
Includes CMHC insurance ($27,593)
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.
138 Reed Drive, Ajax
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $659/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Ajax's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Ajax. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $4,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.