$689,000 - 94 Wilkie Lane, Ajax
Condo for Sale in Ajax
New — Listed 4 days ago- MLS Number
- E13420716
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Ajax
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- ENGEL & VOLKERS TORONTO CITY
Beautifully Updated Townhome in Sought-After South AjaxWelcome to this bright and beautifully updated townhome in desirable South Ajax, offering low maintenance fees and an unbeatable location just steps from the waterfront, trails, schools, and transit. Featuring 9-foot ceilings and a bright out basement, this home combines modern upgrades with functional living space.Recent renovations include new hardwood flooring on the main floor, new vinyl flooring in the basement and second floor, updated electrical with new plugs, switches and covers, and fully upgraded Bluetooth-enabled lighting throughout the home with adjustable brightness and colour temperature. The staircase has been enhanced with new hardwood treads, risers, and elegant wrought iron pickets.The main bathroom has been fully renovated with a stylish walk-in shower, while the powder room features updated fixtures. The kitchen boasts newer appliances, including a refrigerator, electric range, microwave with built-in exhaust fan, and modern finishes. The laundry room has also been refreshed with new paint, shelving, washer, and dryer.Enjoy outdoor living on the new cedar deck, perfect for relaxing or entertaining. Additional features include a newer furnace, a convenient 2-piece ensuite, ample visitor parking, and a family-friendly neighbourhood.Ideally located within walking distance to the lake and scenic trails, and close to schools, shopping, transit, and all amenities, this move-in-ready home offers exceptional value in one of Ajax's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$3,534.93/mo
Includes CMHC insurance ($19,223)
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.
94 Wilkie Lane, Ajax
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Rental income estimator & ROI calculator
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 $574/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.
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.
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 $2,871 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.