59 Moynahan Crescent, Ajax

Price: $699,900

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13419978

Opportunity knocks in Ajax's highly sought-after Lakeside community! This all-brick 2-storey detached home offers exceptional value for buyers looking to get into one of South Ajax's most desirable neighbourhoods. Featuring 3 bedrooms and 3 bathrooms, this home boasts a functional family-friendly layout with a spacious main floor highlighted by laminate flooring throughout most of the level and a large family room that opens seamlessly to the kitchen-perfect for everyday living and entertaining.Upstairs, you'll find a generous primary bedroom retreat along with two additional spacious bedrooms, offering plenty of room for a growing family. The unfinished basement presents a blank canvas with endless possibilities to create additional living space tailored to your needs.While the home could benefit from some cosmetic updates and TLC, it represents an incredible opportunity to build equity in a fantastic location. Residents of Ajax Lakeside enjoy easy access to scenic waterfront parks, walking and cycling trails, conservation areas, and countless outdoor recreation opportunities. Commuters will appreciate the convenient access to both Highway 401 and Highway 412, making travel throughout the GTA a breeze. Families will also value being located within the highly desirable Carruthers Creek Public School catchment area.Please note that the ceiling staining in the family room is the result of a previous water leak that has since been repaired. Offering tremendous potential, an unbeatable location, and exceptional value for the area, this is your chance to make this Lakeside gem your own.

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active
New Listing
1/13

$699,900 - 59 Moynahan Crescent, Ajax

Detached for Sale in Ajax

New — Listed yesterday
3Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13419978
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Ajax
Listing Brokerage
REVEL REALTY INC.
Description

Opportunity knocks in Ajax's highly sought-after Lakeside community! This all-brick 2-storey detached home offers exceptional value for buyers looking to get into one of South Ajax's most desirable neighbourhoods. Featuring 3 bedrooms and 3 bathrooms, this home boasts a functional family-friendly layout with a spacious main floor highlighted by laminate flooring throughout most of the level and a large family room that opens seamlessly to the kitchen-perfect for everyday living and entertaining.Upstairs, you'll find a generous primary bedroom retreat along with two additional spacious bedrooms, offering plenty of room for a growing family. The unfinished basement presents a blank canvas with endless possibilities to create additional living space tailored to your needs.While the home could benefit from some cosmetic updates and TLC, it represents an incredible opportunity to build equity in a fantastic location. Residents of Ajax Lakeside enjoy easy access to scenic waterfront parks, walking and cycling trails, conservation areas, and countless outdoor recreation opportunities. Commuters will appreciate the convenient access to both Highway 401 and Highway 412, making travel throughout the GTA a breeze. Families will also value being located within the highly desirable Carruthers Creek Public School catchment area.Please note that the ceiling staining in the family room is the result of a previous water leak that has since been repaired. Offering tremendous potential, an unbeatable location, and exceptional value for the area, this is your chance to make this Lakeside gem your own.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

59 Moynahan Crescent, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,158

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 $636/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Ajax's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    59 Moynahan Crescent, Ajax | $699,900 | Battaglia Team