25 Cumberland Lane Unit 701, Ajax

Price: $464,900

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12759134

Client RemarksWelcome to The Breakers - Ajax's premier waterfront condominium community. This bright and spacious 2-bed, 1-bath suite offers approx. 1,100 sq. ft. of thoughtfully designed living space, just steps from the shores of Lake Ontario. Inside, you'll find a sun-filled open-concept living/dining area with large windows and walk-out to a private balcony, perfect for enjoying morning coffee or evening sunsets. The Kitchen features ample counter space and cabinetry, with a breakfest area ideal for casual dining. The Generous primary bedroom easily fits a king-size bed and offers plenty of room for additional furnishings, while the second bedroom works beautifully as a guest room or home office. Enjoy lakeside living with waterfront trails, Rotary Park, shops, transit, and Hwy 401 all just minutes away.

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$464,900 - 25 Cumberland Lane Unit 701, Ajax

Condo for Sale in Ajax

129 days on market
2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12759134
Property Type
Condo
Status
active
Days on Site
129
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Ajax
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Description

Client RemarksWelcome to The Breakers - Ajax's premier waterfront condominium community. This bright and spacious 2-bed, 1-bath suite offers approx. 1,100 sq. ft. of thoughtfully designed living space, just steps from the shores of Lake Ontario. Inside, you'll find a sun-filled open-concept living/dining area with large windows and walk-out to a private balcony, perfect for enjoying morning coffee or evening sunsets. The Kitchen features ample counter space and cabinetry, with a breakfest area ideal for casual dining. The Generous primary bedroom easily fits a king-size bed and offers plenty of room for additional furnishings, while the second bedroom works beautifully as a guest room or home office. Enjoy lakeside living with waterfront trails, Rotary Park, shops, transit, and Hwy 401 all just minutes away.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,385.18/mo

Includes CMHC insurance ($12,971)

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5-yr fixed avg.

Principal: $418,410Interest: $284,173
Mortgage Amount$431,381
Total Interest$284,173
Est. Property Tax$329/mo
Total Cost$715,553

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 701, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$329
Insurance (est.)-$97
Net Cash Flow+$1,284

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 $465/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 129 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.

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 701, Aj… — $464,900 | Battaglia Team