2940 Lakeview Boulevard, Ajax, ON
South East, Ajax · MLS® E12924074
About this home
In short
- Spectacular and unobstructed lake views just steps from the front door of this beautiful 2865 sqft custom built executive home.
- A bright open concept home featuring skylights, crown mouldings, walkouts to full length balcony, gas fireplace, air conditioning, central vacuum and 3/4 inch maple...
Spectacular and unobstructed lake views just steps from the front door of this beautiful 2865 sqft custom built executive home. Directly across from waterfront walking and biking paths. A bright open concept home featuring skylights, crown mouldings, walkouts to full length balcony, gas fireplace, air conditioning, central vacuum and 3/4 inch maple hardwood floors throughout, entrance to 2 car garage from laundry room which includes pet bath area.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E12924074
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 51.73 × 99.34 ft
- Cross streets
- Lakeview Blvd.
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $12,983 / 2025
- Days on market
- 179
- Listing brokerage
- Royal LePage Frank Real Estate
Rooms
hardwood floor · w/o to deck · overlooks backyard
hardwood floor · pantry · combined w/kitchen
w/o to garage · closet
hardwood floor · overlooks living · combined w/dining
hardwood floor · closet · window
hardwood floor · french doors · w/o to porch
hardwood floor · closet · large window
w/o to balcony · 5 pc ensuite · double closet
hardwood floor · w/o to balcony · gas fireplace
Listed at $1,990,000. Going by how homes in South East and the wider GTA have actually closed against their asking prices (about 98%, 31 local closings in 90 days), the likely sale price is near $1.96M, if it sells. A realistic range is $1.83M to $2.21M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Longer on the market than typical. 179 days on the market against about 20 for homes like it here, and asking 46% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.96M, from 31 recent closings in this pocket.
The market behind the math:
About 1.2 months of inventory: 12 detached homes for sale in the area against 31 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $724/sqft against an area asking average of $488/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 31 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.35M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Based on 31 comparable homes that sold in South East over the past two years, from 273 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.60M, which is where my estimate comes from.
Per square foot, these ask about $476/sqft; this home lists at $724/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
South East, Ajax, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Ajax.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $1,592,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,714
- Property tax
- $1,082
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,796
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,275
- Estimated closing costs
- $36,275
Plus your down payment of $398,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $522,852
- Principal paid down
- $196,839
- Interest paid
- $326,013
- Balance remaining
- $1,395,161
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 18 whole-home leases in South East signed at a median of $4,204 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,290. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Frank Real Estate. MLS®/PropTx.