$514,900 - 25 Cumberland Lane Unit 304, Ajax
Condo for Sale in Ajax
70 days on market- MLS Number
- E12975858
- Property Type
- Condo
- Status
- active
- Days on Site
- 70
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Ajax
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- Royal LePage Our Neighbourhood Realty
Welcome to 25 Cumberland Lane - a stunning 2-storey condo unit located steps from the waterfront in Ajax. Offering over 1,200 sq. ft. of beautifully updated living space, this home combines the convenience of condo living with the comfort and privacy of a townhouse layout.The main floor features a bright open-concept living and dining area with wall-to-wall windows and sliding doors that lead to your very own expansive private terrace. Talk about a gardeners dream and the perfect outdoor oasis for dining, entertaining, or simply enjoying the serene lake views. The modern kitchen is equipped with white shaker cabinetry, quartz counters, stainless steel appliances, and a convenient breakfast bar, flowing seamlessly into the dining space. Upstairs, the spacious primary retreat offers a sitting area, walk-in closet, and a spa-inspired ensuite with a sleek glass shower. The second bedroom is filled with natural light and ample closet space, with easy access to the second updated bathroom. For added convenience, the home includes in-suite laundry and ample storage throughout. Residents enjoy resort-style amenities such as an indoor pool, hot tub, fitness centre, party room, library/games room, and secure underground parking included with the unit. This prime Ajax location offers the best of both worlds - just steps from Lake Ontario, parks, and trails, while still being minutes from shops, restaurants, transit, and the 401. Experience a lifestyle where every day feels like a getaway in this move-in ready waterfront home.
Estimate your monthly payments for this property
Estimated Payment
$2,641.70/mo
Includes CMHC insurance ($14,366)
5-yr fixed avg.
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.
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
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.
25 Cumberland Lane Unit 304, Ajax
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $429/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 70 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 $2,145 (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.