45 Cumberland Lane Unit 605, Ajax

Price: $499,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13062172

Welcome to The Breakers-Ajax's premier waterfront condominium community. This bright and spacious 2-bedroom, 2-bath suite offers thoughtfully designed living space with stunning, unobstructed views of Lake Ontario. The sun-filled open-concept living and dining area features large windows that showcase the lake, creating a peaceful and inviting atmosphere. The kitchen offers a functional layout with stainless steel appliances and flows seamlessly into the dining space. The primary bedroom includes a comfortable sitting area, walk-in closet, and private ensuite. The second bedroom is bright and versatile-ideal for guests or a home office-with easy access to a second bathroom. Additional features include in-suite laundry, ample storage, and two underground parking spaces. Residents enjoy resort-style amenities including an indoor pool, hot tub, fitness centre, party room, and library/games room. Steps to the waterfront, trails, and parks, and minutes to shopping, transit, Ajax GO, and Hwy 401. Enjoy lakeside living in one of Ajax's most sought-after buildings.

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$499,000 - 45 Cumberland Lane Unit 605, Ajax

Condo for Sale in Ajax

44 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13062172
Property Type
Condo
Status
active
Days on Site
44
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Ajax
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX ROUGE RIVER REALTY LTD.
Description

Welcome to The Breakers-Ajax's premier waterfront condominium community. This bright and spacious 2-bedroom, 2-bath suite offers thoughtfully designed living space with stunning, unobstructed views of Lake Ontario. The sun-filled open-concept living and dining area features large windows that showcase the lake, creating a peaceful and inviting atmosphere. The kitchen offers a functional layout with stainless steel appliances and flows seamlessly into the dining space. The primary bedroom includes a comfortable sitting area, walk-in closet, and private ensuite. The second bedroom is bright and versatile-ideal for guests or a home office-with easy access to a second bathroom. Additional features include in-suite laundry, ample storage, and two underground parking spaces. Residents enjoy resort-style amenities including an indoor pool, hot tub, fitness centre, party room, and library/games room. Steps to the waterfront, trails, and parks, and minutes to shopping, transit, Ajax GO, and Hwy 401. Enjoy lakeside living in one of Ajax's most sought-after buildings.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

45 Cumberland Lane Unit 605, 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,253

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 $499/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 44 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.

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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    45 Cumberland Lane Unit 605, Aj… — $499,000 | Battaglia Team