28 Reed Drive, Ajax

Price: $930,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E12763088

Welcome to this stunning detached 4+1 bedroom home offering nearly 1,950 sq ft of comfortable living space in the heart of Ajax. Located just off Highway 401 and minutes from the GO Station, this home is perfectly positioned for families and commuters alike. Enjoy summers in the fully fenced backyard that backs directly onto a park and schoolan ideal setting to watch children play or even come home for lunch. Inside, you will find a functional layout with both a living and family room, newer windows, and upgraded attic insulation for year-round comfort. All four bedrooms upstairs are generously sized, offering plenty of space for the entire family. The sun-filled primary bedroom features multiple windows that allow beautiful natural light to pour in, with calming views of the park. In the basement, one finished bedroom is ready to use, while the remaining space provides a blank canvas for your vision. Whether you wish to create an in-law suite, home gym, or recreation room, the potential is there. With a strong foundation, flexible layout, and a prime location in one of Ajax's most family-friendly neighbourhoods, this home presents an excellent opportunity.

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$930,000 - 28 Reed Drive, Ajax

Detached for Sale in Ajax

104 days on market
5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E12763088
Property Type
Detached
Status
active
Days on Site
104
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Ajax
Listing Brokerage
Signature Elite Realty Ltd.
Description

Welcome to this stunning detached 4+1 bedroom home offering nearly 1,950 sq ft of comfortable living space in the heart of Ajax. Located just off Highway 401 and minutes from the GO Station, this home is perfectly positioned for families and commuters alike. Enjoy summers in the fully fenced backyard that backs directly onto a park and schoolan ideal setting to watch children play or even come home for lunch. Inside, you will find a functional layout with both a living and family room, newer windows, and upgraded attic insulation for year-round comfort. All four bedrooms upstairs are generously sized, offering plenty of space for the entire family. The sun-filled primary bedroom features multiple windows that allow beautiful natural light to pour in, with calming views of the park. In the basement, one finished bedroom is ready to use, while the remaining space provides a blank canvas for your vision. Whether you wish to create an in-law suite, home gym, or recreation room, the potential is there. With a strong foundation, flexible layout, and a prime location in one of Ajax's most family-friendly neighbourhoods, this home presents an excellent opportunity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,771.38/mo

Includes CMHC insurance ($25,947)

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5%10%50%

5-yr fixed avg.

Principal: $837,000Interest: $568,468
Mortgage Amount$862,947
Total Interest$568,468
Est. Property Tax$659/mo
Total Cost$1,431,415

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 Reed Drive, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$659
Insurance (est.)-$194
Net Cash Flow+$2,747

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 $620/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 104 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.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Ajax.

Bathroom Count Matters

With 3 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 $3,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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