195 Lake Driveway West N/A Unit 304, Ajax

Price: $449,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13072680

Live life by the lake in Discovery Bay one of South Ajax's hidden gems. These bright, updated low-rise condos combine resort-style living with everyday convenience. This two-bedroom, two-bathroom split-model suite has been tastefully upgraded and lovingly maintained, offering private north-east views. Step inside to a tiled foyer with an oversized double closet, leading to a sunny kitchen with abundant cupboard and counter space, and convenient ensuite laundry closet. The open-concept living and dining area features a cozy fireplace, north-east views, and a walkout to a covered balcony. The spacious primary bedroom boasts a double walk-in closet with custom storage shelving and a recently updated four-piece ensuite with bath/shower and large vanity. The second bedroom also offers a double closet, and is adjacent to another updated four-piece bathroom. Enjoy resort style amenities including visitor parking, an indoor swimming pool & hot tub, exercise room, party room, tennis courts, and a private parkette & picnic area with BBQ stations, that provides fun for the whole family. Just steps from the famous Rotary Park with picnic areas, hiking and biking trails, a splash pad, and snack bar - you'll have recreation at your doorstep. Nestled within a fantastic school district, this condo is ideal for all ages.

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$449,900 - 195 Lake Driveway West N/A Unit 304, Ajax

Condo for Sale in Ajax

43 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
E13072680
Property Type
Condo
Status
active
Days on Site
43
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Ajax
Locker
Exclusive
Exposure
North East
Balcony
Open
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Live life by the lake in Discovery Bay one of South Ajax's hidden gems. These bright, updated low-rise condos combine resort-style living with everyday convenience. This two-bedroom, two-bathroom split-model suite has been tastefully upgraded and lovingly maintained, offering private north-east views. Step inside to a tiled foyer with an oversized double closet, leading to a sunny kitchen with abundant cupboard and counter space, and convenient ensuite laundry closet. The open-concept living and dining area features a cozy fireplace, north-east views, and a walkout to a covered balcony. The spacious primary bedroom boasts a double walk-in closet with custom storage shelving and a recently updated four-piece ensuite with bath/shower and large vanity. The second bedroom also offers a double closet, and is adjacent to another updated four-piece bathroom. Enjoy resort style amenities including visitor parking, an indoor swimming pool & hot tub, exercise room, party room, tennis courts, and a private parkette & picnic area with BBQ stations, that provides fun for the whole family. Just steps from the famous Rotary Park with picnic areas, hiking and biking trails, a splash pad, and snack bar - you'll have recreation at your doorstep. Nestled within a fantastic school district, this condo is ideal for all ages.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.22/mo

Includes CMHC insurance ($12,552)

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5-yr fixed avg.

Principal: $404,910Interest: $275,004
Mortgage Amount$417,462
Total Interest$275,004
Est. Property Tax$319/mo
Total Cost$692,466

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

195 Lake Driveway West N/A Unit 304, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,282

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 $500/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 43 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 900 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.

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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    195 Lake Driveway West N/A Unit… — $449,900 | Battaglia Team