875 Riverside Drive, Ajax

Price: $1,750,000

4 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: E12638122

Welcome To 875 Riverside Dr, Where Timeless Elegance Meets Modern Luxury. From The Moment You Arrive, The Striking Stone And Brick Exterior Makes A Lasting Impression. Inside, This Home Is Designed To Impress, Featuring Custom Illuminated Tray Ceilings And Designer Light Fixtures That Elevate Its Sophistication And Style Throughout. At The Heart Of The Home, The Kitchen Is Nothing Short Of Spectacular. A Stunning Island Takes Center Stage, Surrounded By Stainless Steel Appliances, Ample Cabinetry, Custom Countertops, And A Bright Breakfast Area. The Sunlit Living Room Welcomes You With A Large Window, Flowing Seamlessly Through Elegant Archways Into A Dining Room Graced With A Statement Chandelier. The Grand Family Room Can Be Viewed From The Second-Floor Balcony, Offering A Breathtaking Perspective Of Its Soaring Double-Height Ceilings, Abundant Natural Light, And Cozy Modern Fireplace. This Open-Concept Overlook Enhances The Home's Spacious Feel, Creating A Seamless Connection Between Levels While Adding To Its Architectural Elegance. The Primary Bedroom Is A True Sanctuary, Featuring A Spa-Like 5-Piece Ensuite The Pinnacle Of Indulgence Complete With A Grand Soaker Tub, Jack And Jill Sinks, A Sleek Glass Shower, A Private Water Closet, And An Elegant Chandelier That Adds A Touch Of Opulence. Three Additional Spacious Bedrooms, Each With Double-Door Closets, Offer Both Comfort And Convenience. Outside, The Expansive Backyard Provides Endless Opportunities For Relaxation And Entertainment. Nestled In A Prime Ajax Location, 875 Riverside Drive Offers The Perfect Balance Of Tranquility And Convenience. Just Minutes From Highway 401 And The Ajax GO Station, Commuting Is Effortless, While The Surrounding Conservation Areas, Scenic Trails, And Lush Green Spaces Provide A Serene Escape Right At Your Doorstep.

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active
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$1,750,000 - 875 Riverside Drive, Ajax

Detached for Sale in Ajax

131 days on market
4Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
E12638122
Property Type
Detached
Status
active
Days on Site
131
Bedrooms
4
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Ajax
Lot Size
513 sqft
Listing Brokerage
RE/MAX HALLMARK FRASER GROUP REALTY
Description

Welcome To 875 Riverside Dr, Where Timeless Elegance Meets Modern Luxury. From The Moment You Arrive, The Striking Stone And Brick Exterior Makes A Lasting Impression. Inside, This Home Is Designed To Impress, Featuring Custom Illuminated Tray Ceilings And Designer Light Fixtures That Elevate Its Sophistication And Style Throughout. At The Heart Of The Home, The Kitchen Is Nothing Short Of Spectacular. A Stunning Island Takes Center Stage, Surrounded By Stainless Steel Appliances, Ample Cabinetry, Custom Countertops, And A Bright Breakfast Area. The Sunlit Living Room Welcomes You With A Large Window, Flowing Seamlessly Through Elegant Archways Into A Dining Room Graced With A Statement Chandelier. The Grand Family Room Can Be Viewed From The Second-Floor Balcony, Offering A Breathtaking Perspective Of Its Soaring Double-Height Ceilings, Abundant Natural Light, And Cozy Modern Fireplace. This Open-Concept Overlook Enhances The Home's Spacious Feel, Creating A Seamless Connection Between Levels While Adding To Its Architectural Elegance. The Primary Bedroom Is A True Sanctuary, Featuring A Spa-Like 5-Piece Ensuite The Pinnacle Of Indulgence Complete With A Grand Soaker Tub, Jack And Jill Sinks, A Sleek Glass Shower, A Private Water Closet, And An Elegant Chandelier That Adds A Touch Of Opulence. Three Additional Spacious Bedrooms, Each With Double-Door Closets, Offer Both Comfort And Convenience. Outside, The Expansive Backyard Provides Endless Opportunities For Relaxation And Entertainment. Nestled In A Prime Ajax Location, 875 Riverside Drive Offers The Perfect Balance Of Tranquility And Convenience. Just Minutes From Highway 401 And The Ajax GO Station, Commuting Is Effortless, While The Surrounding Conservation Areas, Scenic Trails, And Lush Green Spaces Provide A Serene Escape Right At Your Doorstep.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,740.84/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,400,000Interest: $922,252
Mortgage Amount$1,400,000
Total Interest$922,252
Est. Property Tax$1,240/mo
Total Cost$2,322,252

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

875 Riverside Drive, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,240
Insurance (est.)-$365
Net Cash Flow+$2,445

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 $500/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 131 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.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 4 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.

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    875 Riverside Drive, Ajax — $1,750,000 | Battaglia Team