25 Cumberland Lane Unit 110, Ajax

Price: $529,900

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13051654

Welcome to 25 Cumberland Lane - a beautiful 2-storey condo nestled in the sought-after waterfront community of South Ajax. Offering over 1,200 sq. ft. of stylish living space, this home blends the ease of condo living with the feel and privacy of a townhouse layout. Step inside to a bright, open-concept main floor featuring gleaming hardwood floors, a spacious living and dining area, and sliding doors leading directly to your private ground-floor covered patio - an ideal retreat for morning coffee, evening entertaining, or simply soaking in the fresh lake air. The renovated kitchen impresses with quartz counters, stainless steel appliances, ceramic floors, and a breakfast bar that flows seamlessly into a separate breakfast area with its own walkout to the patio. Upstairs, the generous primary suite features a walk-in closet and a beautifully refreshed 4pc ensuite with quartz counters and a soaker tub. The spa-inspired second bath showcases a glass-enclosed shower with rain head. New laminate flooring throughout the upper level adds a fresh, modern finish. Residents enjoy resort-style amenities including an indoor pool, hot tub, fitness centre, party room, and secure underground parking. Two parking spots included. Maintenance fees also include Cable and Rogers High Speed Internet. The complex has an onsite management office and onsite security evenings and weekends. Both Electric Heat pumps are less than 5 years old. Steps to Lake Ontario, waterfront trails, parks, shops, transit, and the 401. Move-in ready and waiting for you!

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$529,900 - 25 Cumberland Lane Unit 110, Ajax

Condo for Sale in Ajax

49 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13051654
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Ajax
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Description

Welcome to 25 Cumberland Lane - a beautiful 2-storey condo nestled in the sought-after waterfront community of South Ajax. Offering over 1,200 sq. ft. of stylish living space, this home blends the ease of condo living with the feel and privacy of a townhouse layout. Step inside to a bright, open-concept main floor featuring gleaming hardwood floors, a spacious living and dining area, and sliding doors leading directly to your private ground-floor covered patio - an ideal retreat for morning coffee, evening entertaining, or simply soaking in the fresh lake air. The renovated kitchen impresses with quartz counters, stainless steel appliances, ceramic floors, and a breakfast bar that flows seamlessly into a separate breakfast area with its own walkout to the patio. Upstairs, the generous primary suite features a walk-in closet and a beautifully refreshed 4pc ensuite with quartz counters and a soaker tub. The spa-inspired second bath showcases a glass-enclosed shower with rain head. New laminate flooring throughout the upper level adds a fresh, modern finish. Residents enjoy resort-style amenities including an indoor pool, hot tub, fitness centre, party room, and secure underground parking. Two parking spots included. Maintenance fees also include Cable and Rogers High Speed Internet. The complex has an onsite management office and onsite security evenings and weekends. Both Electric Heat pumps are less than 5 years old. Steps to Lake Ontario, waterfront trails, parks, shops, transit, and the 401. Move-in ready and waiting for you!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,718.66/mo

Includes CMHC insurance ($14,784)

$
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5%10%50%

5-yr fixed avg.

Principal: $476,910Interest: $323,904
Mortgage Amount$491,694
Total Interest$323,904
Est. Property Tax$375/mo
Total Cost$815,599

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

25 Cumberland Lane Unit 110, 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.)-$375
Insurance (est.)-$110
Net Cash Flow+$1,255

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 $442/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 49 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 $2,208 (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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    25 Cumberland Lane Unit 110, Ajax | $529,900 | Battaglia Team