$599,999 - 62 Cumberland Lane, Ajax
Condo for Sale in Ajax
35 days on market- MLS Number
- E13114010
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Ajax
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX MILLENNIUM REAL ESTATE
Experience luxury lakeside living in the highly sought-after Breakers community in Ajax! Just steps to scenic walking and biking trails, and only minutes to the splash pad and boat launch, this location is perfect for outdoor enthusiasts and nature lovers alike. There is truly no other condominium community in Durham Region like The Breakers. Maintenance fees include water, cable TV, high-speed internet, phone service, home security system, landscaping, and full access to incredible resort-style amenities - meaning no extra water bills, gym memberships, or security system costs. Enjoy worry-free living with recently updated roofs, windows, doors, and driveways all maintained for you, plus on-site security so you can lock the door and travel with peace of mind. This beautifully renovated end-unit 3-level townhouse features 3 spacious bedrooms, a custom gourmet kitchen perfect for entertaining, and a functional layout ideal for families, downsizers, or investors. The main floor bedroom offers a walkout to the backyard, and this is the only unit in the complex featuring a full 3-piece bathroom on the main level. A new furnace installed in 2022 adds comfort and peace of mind. The home also includes 2 private parking spaces plus ample visitor parking. Residents enjoy unmatched amenities including an indoor pool, sauna, hot tub, fully equipped gym, and large party room. Be part of a vibrant and welcoming community offering weekly social events such as Friday night socials, card nights, poker nights, yoga, water aerobics, walking groups, summer BBQs, Caribbean Night, Trivia Night, and New Year's Eve celebrations. A rare opportunity to enjoy comfort, convenience, and luxury living by the lake!
Estimate your monthly payments for this property
Estimated Payment
$3,078.31/mo
Includes CMHC insurance ($16,740)
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.
62 Cumberland Lane, 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
Competitive Pricing
At $375/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 35 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.
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.
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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.