70 Abela Lane, Ajax

Price: $499,999

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: E12656374

Welcome home to this beautifully updated 2-bedroom, 1-bath stacked condo townhouse offering modern style and everyday convenience. Featuring sleek black finishes, rich hardwood floors, and pot lights throughout, this space feels both contemporary and welcoming. The kitchen is thoughtfully designed with stainless steel appliances, a stylish backsplash, and plenty of storage, perfect for cooking and entertaining. The updated bathroom adds a fresh, modern touch, while the well-maintained layout offers just under 900 sq ft of comfortable living space. Located on the ground floor for easy access, this home is ideal for first-time buyers, downsizers, or investors. Enjoy unbeatable convenience just minutes from Hwy 401 and steps to Westney Heights Plaza, with shopping, dining, banks, and transit all close by. A fantastic opportunity to own a stylish, move-in-ready home in one of Ajax's most desirable locations.

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$499,999 - 70 Abela Lane, Ajax

Condo for Sale in Ajax

135 days on market
2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
E12656374
Property Type
Condo
Status
active
Days on Site
135
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Ajax
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Description

Welcome home to this beautifully updated 2-bedroom, 1-bath stacked condo townhouse offering modern style and everyday convenience. Featuring sleek black finishes, rich hardwood floors, and pot lights throughout, this space feels both contemporary and welcoming. The kitchen is thoughtfully designed with stainless steel appliances, a stylish backsplash, and plenty of storage, perfect for cooking and entertaining. The updated bathroom adds a fresh, modern touch, while the well-maintained layout offers just under 900 sq ft of comfortable living space. Located on the ground floor for easy access, this home is ideal for first-time buyers, downsizers, or investors. Enjoy unbeatable convenience just minutes from Hwy 401 and steps to Westney Heights Plaza, with shopping, dining, banks, and transit all close by. A fantastic opportunity to own a stylish, move-in-ready home in one of Ajax's most desirable locations.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.25/mo

Includes CMHC insurance ($13,950)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,999Interest: $305,627
Mortgage Amount$463,949
Total Interest$305,627
Est. Property Tax$354/mo
Total Cost$769,576

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

70 Abela Lane, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,222

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 $625/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.

Negotiation Opportunity

At 135 days on site, this property has exceeded the typical selling timeline for Ajax. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    MLS# E12656374 — 70 Abela Lane, Ajax | Battaglia Team