19 Medley Lane Unit 51, Ajax

Price: $679,999

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E13156542

Own a detached-style home at a condo price in this beautifully updated property located in a family-friendly neighbourhood close to the lake, trails, schools, shopping, transit, and GO Train. Freshly painted and move-in ready, featuring a renovated washroom, finished basement with private backyard entrance, fully fenced yard, new driveway (2024), upgraded 200-amp service, EV charging rough-in, and shingles replaced in July 2025. A perfect opportunity for first-time buyers, families, or investors seeking comfort, value, and convenience.

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$679,999 - 19 Medley Lane Unit 51, Ajax

Condo for Sale in Ajax

3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
E13156542
Property Type
Condo
Status
active
Days on Site
23
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Ajax
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.
Description

Own a detached-style home at a condo price in this beautifully updated property located in a family-friendly neighbourhood close to the lake, trails, schools, shopping, transit, and GO Train. Freshly painted and move-in ready, featuring a renovated washroom, finished basement with private backyard entrance, fully fenced yard, new driveway (2024), upgraded 200-amp service, EV charging rough-in, and shingles replaced in July 2025. A perfect opportunity for first-time buyers, families, or investors seeking comfort, value, and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,488.75/mo

Includes CMHC insurance ($18,972)

$
$
5%10%50%

5-yr fixed avg.

Principal: $611,999Interest: $415,653
Mortgage Amount$630,971
Total Interest$415,653
Est. Property Tax$482/mo
Total Cost$1,046,624

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

19 Medley Lane Unit 51, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$482
Insurance (est.)-$142
Net Cash Flow+$1,456

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

Fair Market Value

At $850/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 23 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.

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.

Efficient Living

At 800 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 $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    19 Medley Lane Unit 51, Ajax — $679,999 | Battaglia Team