$1,599,988 - 2978 Ebony Street, Ajax
Detached for Sale in Ajax
38 days on market- MLS Number
- E13089550
- Property Type
- Detached
- Status
- active
- Days on Site
- 38
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Ajax
- Listing Brokerage
- RE/MAX HALLMARK FIRST GROUP REALTY LTD.
**DOUBLE LOT** Enjoy an unbeatable location just steps to the lake, beach, Paradise Park, and scenic walking trails. The expansive lot extends approximately 200 ft deep with three frontages, offering unique flexibility for future plans. A wraparound deck adds to the current footprint, further enhancing the property's versatility. With no homes directly across and lush greenery in the summer months, the setting provides a peaceful, nature-filled backdrop while still being close to all amenities. Situated in a prestigious lakeside enclave, this exceptional property offers incredible development potential in an area surrounded by newly built luxury homes. Set on a generous 50 x 200 Ft lot (with the possibility for two), this is a rare opportunity to design and build your dream home in a highly sought-after neighbourhood. The existing approx. 1,000 sq ft bungalow is well-maintained and offers 2 bedrooms, a spacious kitchen, and a bright living room with hardwood floors, along with a full bath on the main level. A finished basement provides additional living space, making the home perfectly livable as-is or ideal for a modern refresh while planning your future build. Live comfortably while preparing to construct a second home on the rear portion of the lot-an exceptional opportunity for investors or end-users alike. Photos showcase potential modern renovation possibilities. The lot severance process is already underway and nearing completion, with the seller willing to finalize prior to closing. A truly rare offering in a special lakeside community-an investor's dream with endless potential. Purchase for the one huge lot or two lots at 50 x 100 Ft
Estimate your monthly payments for this property
Estimated Payment
$7,077.28/mo
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.
2978 Ebony Street, 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
Premium Pricing
At $2286/sqft, this property is priced above the Ajax average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 38 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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 $6,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.