28 Palmer Drive, Ajax

Price: $834,900

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13211684

This is an Estate Sale, HOME SELLING ON AN AS IS WHERE AS BASIS. 2 Story Detached Brick Home Offers 1,824 Sq Ft. Living, Dining, Family room with Laundry on main Floor. Four Bedrooms Upstairs, the Primary Bedroom Includes an Ensuite and Walk-In-Closet. The Finished Walkout Basement offers Separate Entrance and extra open concept living space with a 3 Pcs Bathroom. Main Floor Kitchen with Island, walk out to Deck. Access To HWY 401, 407 and GO Transit Minutes to Schools and Shopping.

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$834,900 - 28 Palmer Drive, Ajax

Detached for Sale in Ajax

4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13211684
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Ajax
Listing Brokerage
RE/MAX PREMIER INC.
Description

This is an Estate Sale, HOME SELLING ON AN AS IS WHERE AS BASIS. 2 Story Detached Brick Home Offers 1,824 Sq Ft. Living, Dining, Family room with Laundry on main Floor. Four Bedrooms Upstairs, the Primary Bedroom Includes an Ensuite and Walk-In-Closet. The Finished Walkout Basement offers Separate Entrance and extra open concept living space with a 3 Pcs Bathroom. Main Floor Kitchen with Island, walk out to Deck. Access To HWY 401, 407 and GO Transit Minutes to Schools and Shopping.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,283.47/mo

Includes CMHC insurance ($23,294)

$
$
5%10%50%

5-yr fixed avg.

Principal: $751,410Interest: $510,337
Mortgage Amount$774,704
Total Interest$510,337
Est. Property Tax$591/mo
Total Cost$1,285,041

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

28 Palmer Drive, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$591
Insurance (est.)-$174
Net Cash Flow+$2,435

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 $557/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 18 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.

Detached Home Advantages

Detached homes in Ajax are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Ajax. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    28 Palmer Drive, Ajax — $834,900 | Battaglia Team