70 Cumberland Lane Unit 402, Ajax

Price: $569,000

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: E13213646

Welcome To The Breakers, One Of South Ajax's Most Desirable Waterfront Communities! This Spacious 2-Bedroom, 2-Bathroom Suite Offers Approximately 1,468 Sq. Ft. Of Bright, Comfortable Living Space With Beautiful Lake Views. Featuring Generous Principal Rooms, A Functional Open-Concept Layout, A Large Primary Bedroom With Ensuite Bath, And Plenty Of Space For Entertaining Or Everyday Living. Includes 2 Underground Parking Spaces And A Storage Locker. Enjoy Resort-Style Amenities Including An Indoor Pool, Hot Tub, Sauna, Fitness Centre, Games Room, And Party Facilities. Located Steps To Waterfront Trails, Parks, Lake Ontario, And Just Minutes To Shopping, Restaurants, Transit, And Ajax Hospital. Rarely Offered In A Well-Managed, Highly Sought-After Building. Enjoy The Perfect Combination Of Space, Lifestyle, And Lakeside Living. Thank You For Showing

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$569,000 - 70 Cumberland Lane Unit 402, Ajax

Condo for Sale in Ajax

Popular Listing
2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
E13213646
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Ajax
Locker
Owned
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX ROUGE RIVER REALTY LTD.
Description

Welcome To The Breakers, One Of South Ajax's Most Desirable Waterfront Communities! This Spacious 2-Bedroom, 2-Bathroom Suite Offers Approximately 1,468 Sq. Ft. Of Bright, Comfortable Living Space With Beautiful Lake Views. Featuring Generous Principal Rooms, A Functional Open-Concept Layout, A Large Primary Bedroom With Ensuite Bath, And Plenty Of Space For Entertaining Or Everyday Living. Includes 2 Underground Parking Spaces And A Storage Locker. Enjoy Resort-Style Amenities Including An Indoor Pool, Hot Tub, Sauna, Fitness Centre, Games Room, And Party Facilities. Located Steps To Waterfront Trails, Parks, Lake Ontario, And Just Minutes To Shopping, Restaurants, Transit, And Ajax Hospital. Rarely Offered In A Well-Managed, Highly Sought-After Building. Enjoy The Perfect Combination Of Space, Lifestyle, And Lakeside Living. Thank You For Showing

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,919.26/mo

Includes CMHC insurance ($15,875)

$
$
5%10%50%

5-yr fixed avg.

Principal: $512,100Interest: $347,804
Mortgage Amount$527,975
Total Interest$347,804
Est. Property Tax$403/mo
Total Cost$875,779

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.

Ready to get pre-approved?

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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 Cumberland Lane Unit 402, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$403
Insurance (est.)-$119
Net Cash Flow+$1,248

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 $406/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.

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.

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 $2,371 (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.

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    70 Cumberland Lane Unit 402, Aj… — $569,000 | Battaglia Team