188 Angus Drive Unit 25, Ajax

Price: $540,900

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E12967554

Builder Inventory! Brand new, bright and spacious townhome built by Golden Falcon Homes in an unbeatable location. This 2 bedroom, 2 bathroom townhome features a functional layout with luxury finishes throughout, including engineered hardwood floors, stainless steel appliances, an open concept kitchen, oak staircase, and smooth ceilings. Located just steps from supermarkets, Costco, shopping centres, fitness amenities, the library, and the hospital, and just minutes to the GO Train, public transit, and Highway 401. Low maintenance fees cover waste removal, snow clearing, road maintenance, grass cutting, and landscaping of common areas. Don't miss this exceptional opportunity to own a modern townhome in a highly sought-after neighbourhood, perfect for first time home buyers or downsizers.

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$540,900 - 188 Angus Drive Unit 25, Ajax

Condo for Sale in Ajax

69 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E12967554
Property Type
Condo
Status
active
Days on Site
69
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Ajax
Locker
None
Exposure
East
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Builder Inventory! Brand new, bright and spacious townhome built by Golden Falcon Homes in an unbeatable location. This 2 bedroom, 2 bathroom townhome features a functional layout with luxury finishes throughout, including engineered hardwood floors, stainless steel appliances, an open concept kitchen, oak staircase, and smooth ceilings. Located just steps from supermarkets, Costco, shopping centres, fitness amenities, the library, and the hospital, and just minutes to the GO Train, public transit, and Highway 401. Low maintenance fees cover waste removal, snow clearing, road maintenance, grass cutting, and landscaping of common areas. Don't miss this exceptional opportunity to own a modern townhome in a highly sought-after neighbourhood, perfect for first time home buyers or downsizers.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,775.10/mo

Includes CMHC insurance ($15,091)

$
$
5%10%50%

5-yr fixed avg.

Principal: $486,810Interest: $330,628
Mortgage Amount$501,901
Total Interest$330,628
Est. Property Tax$383/mo
Total Cost$832,529

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.

Ready to get pre-approved?

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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

188 Angus Drive Unit 25, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$383
Insurance (est.)-$113
Net Cash Flow+$1,244

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 $451/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.

Negotiation Opportunity

At 69 days on site, this property has exceeded the typical selling timeline for Ajax. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $2,254 (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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    188 Angus Drive Unit 25, Ajax — $540,900 | Battaglia Team