470 Poplar Avenue, Ajax

Price: $1,820,000

5 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: E13135362

Tucked into one of Ajax's most prestigious lakefront communities and surrounded by multi-million dollar homes, this stunning custom-built residence offers 4,104 sq ft of thoughtfully designed living space on an incredible 50x200 ft lot directly beside Lake Ontario. Strategically designed with a unique 3-storey layout, the home was built so the "basement" level is fully above grade-offering all the space and functionality of a lower level while benefiting from natural light, large windows, and accessibility throughout. Owned by the original owner and meticulously maintained, the home features a fully above-grade self-contained in-law suite on the ground level with no stairs, complete with its own kitchen, living/dining space, bedroom, and 3pc bath, ideal for multigenerational living or guests. The ground level also features heated floors, laundry room, and access to the 3-car garage. The beautifully updated 2021 custom chef's kitchen features a massive island, Miele dishwasher, gas stove, beverage fridge, microwave, and walkout to the front porch with stunning lake views. The main level also offers hardwood flooring throughout, pot lights, spacious office, living and dining rooms, and breathtaking family room with soaring ceilings, wood fireplace, and walkout to the backyard deck and landscaped patio. Large windows throughout flood the home with natural light while showcasing lake views. The main level is complete with huge primary retreat with double closets and luxurious 4pc ensuite with heated floors. Upstairs offers 3 spacious bedrooms with walk-in closets and a 4pc bathroom. Additional features include extensive perennial gardens, front and rear patios, deep private backyard with shed, and numerous updates including kitchen(2021), windows(2014), roof with 50-yr transferable warranty(2014), furnace & A/C (2021), hardwood flooring, and more. Enjoy an exceptional lifestyle steps to waterfront trails, beaches, tennis & pickleball courts, parks, highways.

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$1,820,000 - 470 Poplar Avenue, Ajax

Detached for Sale in Ajax

5Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
E13135362
Property Type
Detached
Status
active
Days on Site
29
Bedrooms
5
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Ajax
Listing Brokerage
Royal LePage Frank Real Estate
Description

Tucked into one of Ajax's most prestigious lakefront communities and surrounded by multi-million dollar homes, this stunning custom-built residence offers 4,104 sq ft of thoughtfully designed living space on an incredible 50x200 ft lot directly beside Lake Ontario. Strategically designed with a unique 3-storey layout, the home was built so the "basement" level is fully above grade-offering all the space and functionality of a lower level while benefiting from natural light, large windows, and accessibility throughout. Owned by the original owner and meticulously maintained, the home features a fully above-grade self-contained in-law suite on the ground level with no stairs, complete with its own kitchen, living/dining space, bedroom, and 3pc bath, ideal for multigenerational living or guests. The ground level also features heated floors, laundry room, and access to the 3-car garage. The beautifully updated 2021 custom chef's kitchen features a massive island, Miele dishwasher, gas stove, beverage fridge, microwave, and walkout to the front porch with stunning lake views. The main level also offers hardwood flooring throughout, pot lights, spacious office, living and dining rooms, and breathtaking family room with soaring ceilings, wood fireplace, and walkout to the backyard deck and landscaped patio. Large windows throughout flood the home with natural light while showcasing lake views. The main level is complete with huge primary retreat with double closets and luxurious 4pc ensuite with heated floors. Upstairs offers 3 spacious bedrooms with walk-in closets and a 4pc bathroom. Additional features include extensive perennial gardens, front and rear patios, deep private backyard with shed, and numerous updates including kitchen(2021), windows(2014), roof with 50-yr transferable warranty(2014), furnace & A/C (2021), hardwood flooring, and more. Enjoy an exceptional lifestyle steps to waterfront trails, beaches, tennis & pickleball courts, parks, highways.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,050.47/mo

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5-yr fixed avg.

Principal: $1,456,000Interest: $959,142
Mortgage Amount$1,456,000
Total Interest$959,142
Est. Property Tax$1,289/mo
Total Cost$2,415,142

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

470 Poplar Avenue, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,289
Insurance (est.)-$379
Net Cash Flow+$2,782

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 $520/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 29 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 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.

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    470 Poplar Avenue, Ajax — $1,820,000 | Battaglia Team