12 Greenhalf Drive, Ajax, ON
South East, Ajax · MLS® E13074252
About this home
In short
- Welcome to this beautifully maintained, detached two-storey home in the highly desirable South East Ajax community.
- Step inside to an open-concept main floor featuring a modern kitchen with granite countertops, upgraded cabinetry, pot lights, and stainless steel appliances, flowing...
- Upstairs, you'll find generously sized bedrooms, including a primary suite with ensuite, perfect for relaxation.
- The legal basement apartment comes complete with its own kitchen, living area, full bath, and separate entrance-ideal for rental income, extended family, or a private...
- Located close to schools, parks, shopping, transit, and the waterfront, this home perfectly blends modern comfort, income potential, and a family-friendly lifestyle.
Welcome to this beautifully maintained, detached two-storey home in the highly desirable South East Ajax community! Boasting 5 spacious bedrooms plus a legal 2-bedroom basement apartment [SDU Permit Attached], 4 bathrooms, 2 kitchens and approximately 3,500 sq ft of living space, this property offers both comfort and versatility. Step inside to an open-concept main floor featuring a modern kitchen with granite countertops, upgraded cabinetry, pot lights, and stainless steel appliances, flowing seamlessly into a bright family room with a cozy fireplace. Upstairs, you'll find generously sized bedrooms, including a primary suite with ensuite, perfect for relaxation. The legal basement apartment comes complete with its own kitchen, living area, full bath, and separate entrance-ideal for rental income, extended family, or a private in-law suite. Enjoy the fully fenced backyard with a new deck and large storage shed, while parking is easy with space for up to five vehicles, including an attached garage. Located close to schools, parks, shopping, transit, and the waterfront, this home perfectly blends modern comfort, income potential, and a family-friendly lifestyle. Don't miss this rare opportunity!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13074252
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 41.5 × 80.38 ft
- Cross streets
- Pickering Beach Rd/Bayly St. E
- Parking
- 2 garage · 5 parking (attached)
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,014 / 2025
- Days on market
- 142
- Listing brokerage
- ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Rooms
closet · hardwood floor · large window
closet · laminate · pot lights
hardwood floor · double closet · large window
hardwood floor · open concept · combined w/living
hardwood floor · open concept · combined w/dining
granite counters · pot lights · stainless steel appl
hardwood floor · closet · large window
5 pc ensuite · hardwood floor · walk-in closet(s)
w/o to deck · pot lights · open concept
pot lights · combined w/living
fireplace · pot lights · hardwood floor
window · pot lights · closet
w/o to balcony · hardwood floor · closet
Listed at $1,199,000. 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 $1.18M, if it sells. A realistic range is $1.11M to $1.33M.
Independent value check: $1.05M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $986K and $1.10M).
Why $1.05M. The typical detached home sold in South East over the past year went for about $874K (143 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,014 a year; the typical home sold here pays about $6,400.
- ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises it slightly2 garage and 5 total parking spaces, against 1 and 4 typically.
- ▲ Raises it slightly5+2 bedrooms and 4 baths, against 3+1 and 3 typically.
Longer on the market than typical. 142 days on the market against about 20 for homes like it here, and asking 14% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.18M, from 31 recent closings in this pocket.
The market behind the math:
About 4.1 months of inventory: 42 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 $436/sqft against an area asking average of $630/sqft.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in South East: 41 of the 136 detached leases here lately were basement units, around $1,700 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Ajax.
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 $1.14M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($436/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in South East, so I widened the search to the surrounding area.
Based on 31 comparable homes that sold in South East over the past two years, from 273 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.05M, which is where my estimate comes from.
Per square foot, these ask about $491/sqft; this home lists at $436/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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
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 $959,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,250
- Property tax
- $668
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,918
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,455
- Estimated closing costs
- $20,455
Plus your down payment of $239,800. 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
- $315,025
- Principal paid down
- $118,598
- Interest paid
- $196,427
- Balance remaining
- $840,602
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
The suite is real income here: basements rent in South East (41 of 136 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 24 whole-home leases in South East signed at a median of $3,908 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,633. 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 CREDIT VALLEY REAL ESTATE. MLS®/PropTx.