947 Finley Avenue, Ajax

Price: $849,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E13110150

Gorgeous End Unit Townhouse (Just Like A Semi-Detached) Steps to Lake Ontario! Modern and stylish in one of Ajax's most desirable family-friendly neighbourhoods. This 3-storey home features 4 spacious bedrooms, 4 bathrooms, and a bright, open-concept layout with hardwood flooring and 9-foot ceilings. Lovely kitchen with granite island, stainless steel appliances, pot lights, and a walkout to a private balcony perfect for morning coffee or evening relaxation. 2 car private driveway, and single-car garage. Walking Distance to Lake Ontario, parks, schools, shopping, transit, and Hwy 401, Great Home, Great Area/ Flexible Closing/ Offers Anytime!! POTL $229.00 MONTH

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$849,000 - 947 Finley Avenue, Ajax

Townhouse for Sale in Ajax

33 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E13110150
Property Type
Townhouse
Status
active
Days on Site
33
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Ajax
Listing Brokerage
EXP REALTY
Description

Gorgeous End Unit Townhouse (Just Like A Semi-Detached) Steps to Lake Ontario! Modern and stylish in one of Ajax's most desirable family-friendly neighbourhoods. This 3-storey home features 4 spacious bedrooms, 4 bathrooms, and a bright, open-concept layout with hardwood flooring and 9-foot ceilings. Lovely kitchen with granite island, stainless steel appliances, pot lights, and a walkout to a private balcony perfect for morning coffee or evening relaxation. 2 car private driveway, and single-car garage. Walking Distance to Lake Ontario, parks, schools, shopping, transit, and Hwy 401, Great Home, Great Area/ Flexible Closing/ Offers Anytime!! POTL $229.00 MONTH

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,355.81/mo

Includes CMHC insurance ($23,687)

$
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5%10%50%

5-yr fixed avg.

Principal: $764,100Interest: $518,956
Mortgage Amount$787,787
Total Interest$518,956
Est. Property Tax$601/mo
Total Cost$1,306,743

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

947 Finley Avenue, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$2,302

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 $566/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 33 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Ajax have shown strong appreciation as families seek more space.

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.

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 $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    947 Finley Avenue, Ajax — $849,000 | Battaglia Team