$699,990 - 516 Danks Ridge Drive, Ajax
Townhouse for Sale in Ajax
- MLS Number
- E13187594
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 17
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Ajax
- Listing Brokerage
- ROYAL LEPAGE IGNITE REALTY
Welcome To This Stunning Freehold Townhome With No POTL Fees, Ideally Located Just MinutesFrom Highways 401, 412, And 407, Offering Exceptional Convenience For Commuters. Enjoy EasyAccess To Transit, Shopping, Restaurants, And Scenic Waterfront Trails All Nearby. ThisSpacious And Modern Home Features An Open-Concept Design With 9 Ft Ceilings, HardwoodFlooring, And Upgraded Hardwood Staircases Throughout. The Inspired Kitchen Is Perfect ForEntertaining, Complete With A Large Centre Island, Stainless Steel Appliances, And AmpleCabinet Space. The Bright And Inviting Living Area Showcases A Stylish Linear Gas FireplaceAnd Walks Out To Upper Patio And Additional Balcony, Ideal For Outdoor Relaxation. The SunFilled Third Floor Offers Generous Bedrooms With Plenty Of Space And Comfort. A Versatile MainFloor Family Room Adds Extra Functionality, Perfect For A Home Office, Gym, Or Playroom.Loaded With Upgrades And Situated In A Highly Desirable Location Close To All Amenities, ThisHome Offers The Perfect Blend Of Style, Space, And Convenience.
Estimate your monthly payments for this property
Estimated Payment
$3,591.31/mo
Includes CMHC insurance ($19,530)
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.
516 Danks Ridge Drive, Ajax
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Competitive Pricing
At $467/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 17 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Ajax have shown strong appreciation as families seek more space.
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 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 $2,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.