16 Fearn Crescent, Ajax

Price: $699,999

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13096918

Welcoming you to a single-family freehold townhouse in Central West Ajax. Newly painted throughout the main floor and second floor hallway. Newly installed pot lights throughout the main floor, and a new countertop in the kitchen. Carpet only on stairs and family room; the rest is laminate and hardwood flooring. Garg Dr In Front With Remote And Back Manual, Roof done in 2017; Eat In Kitchen With W/O To Large Patio, And Nice Fenced Yard With Raised Gardens. Attractive location close to a 2-minute drive to Highway 401, a few minutes drive to Lakeridge Hospital, Casino, Schools, public & GO Transit, shopping, and public library.

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$699,999 - 16 Fearn Crescent, Ajax

Detached for Sale in Ajax

37 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13096918
Property Type
Detached
Status
active
Days on Site
37
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Ajax
Listing Brokerage
HIGHPOINT HOMES REALTY
Description

Welcoming you to a single-family freehold townhouse in Central West Ajax. Newly painted throughout the main floor and second floor hallway. Newly installed pot lights throughout the main floor, and a new countertop in the kitchen. Carpet only on stairs and family room; the rest is laminate and hardwood flooring. Garg Dr In Front With Remote And Back Manual, Roof done in 2017; Eat In Kitchen With W/O To Large Patio, And Nice Fenced Yard With Raised Gardens. Attractive location close to a 2-minute drive to Highway 401, a few minutes drive to Lakeridge Hospital, Casino, Schools, public & GO Transit, shopping, and public library.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,591.36/mo

Includes CMHC insurance ($19,530)

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5%10%50%

5-yr fixed avg.

Principal: $629,999Interest: $427,878
Mortgage Amount$649,529
Total Interest$427,878
Est. Property Tax$496/mo
Total Cost$1,077,407

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

16 Fearn Crescent, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,158

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 $467/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 37 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.

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.

Bathroom Count Matters

With 3 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 $2,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    16 Fearn Crescent, Ajax — $699,999 | Battaglia Team