PH9-66 Falby Court, Ajax, ON

South East, Ajax · MLS® E13174436

$484,900
For Sale
Listed 117 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • This penthouse condo offers over 1,000 sq. ft. of bright and spacious living in a quiet, well-maintained building in the heart of Ajax.
  • This inviting unit features an updated kitchen, open concept living and dining areas, and a walkout to a private balcony showcasing stunning southwest views of the...
  • The generous primary bedroom includes a walk-in closet and convenient 2-piece ensuite, while the second bedroom offers a large double closet.
  • Residents enjoy an impressive selection of amenities including a supervised heated outdoor pool, tennis courts, exercise room, library, party room, and ample visitor...
  • Ideally located close to shopping, Highway 401, the lakefront, schools, public transit, and more - this spacious penthouse condo offers exceptional comfort...

Welcome to 66 Falby Crt! This penthouse condo offers over 1,000 sq. ft. of bright and spacious living in a quiet, well-maintained building in the heart of Ajax. This inviting unit features an updated kitchen, open concept living and dining areas, and a walkout to a private balcony showcasing stunning southwest views of the city skyline. The generous primary bedroom includes a walk-in closet and convenient 2-piece ensuite, while the second bedroom offers a large double closet. Enjoy the added convenience of ensuite laundry with a separate storage pantry and tandem underground parking. Residents enjoy an impressive selection of amenities including a supervised heated outdoor pool, tennis courts, exercise room, library, party room, and ample visitor parking. Maintenance fees include all utilities for worry-free living. Ideally located close to shopping, Highway 401, the lakefront, schools, public transit, and more - this spacious penthouse condo offers exceptional comfort, convenience, and lifestyle.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13174436
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Harwood/Bayly
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Unknown
Roof
Unknown
Maintenance
$826/mo
Exposure
South West
Property tax
$3,247 / 2026
Days on market
117
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Bedroom 2Main3.52 × 2.69 m

broadloom · double closet

Living RoomMain6.11 × 3.39 m

broadloom · w/o to balcony · open concept

Primary BedroomMain4.44 × 3.38 m

broadloom · walk-in closet(s) · 2 pc ensuite

Dining RoomMain3.38 × 2.80 m

broadloom · open concept

KitchenMain4.12 × 2.36 m

vinyl floor · updated · backsplash

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$421Kautomated estimate, from recent sales

Listed at $484,900. Recent sales of homes like it put this one around $421K, so the ask is about 15% above what similar homes have sold for.

If it sells at this ask, expect about $468K, typically $469K to $471K: that is where homes here have closed against their asks in the last 90 days (5 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

Longer on the market than typical. 117 days on the market against about 39 for homes like it here, and asking 15% above where comparable closings put it.

List price
$392KBelow recent closings$485KAbove recent closings

Total price vs nearby homes. Fair value about $421K, learned from recent GTA sales.

The market behind the math:

5sold nearby · 90 days
$485Kmedian sold price
96%of asking, on average
−7%prices vs a year ago
~33 dayshomes like this take to sell
117days on market so far
$2,600/moest. rent · 8 leases
6.4%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $441/sqft against an area asking average of $462/sqft. Size and $/sqft both feed the estimate above.

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 and this building.

It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $463K. 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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 ($441/sqft) is in line with 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 14 homes sold in this building over the past two years, from 42 closings in South East.

What sellers nearby are askingCurrently listed nearby · asking prices
$491kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $421K, which is where my estimate comes from.

Per square foot, these ask about $458/sqft; this home lists at $441/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
485kThis home500k529k500k465k460kThis home vs active comparables

Neighbourhood & location

South East, Ajax, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

South West
$445K
Central West
$445K

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

Affordability
$2,210/mo
$112KIncome needed
4.3×Price ÷ income
$510Weekly cost
$6,173Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

67%mortgage
Mortgage $2,210Property tax $271Condo fee $826Total carry $3,307

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

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,123per month

Mortgage amount $387,920 · 4.39% over 25 years

$96,980Down payment (20.0%)
$387,920Loan before insurance
$0CMHC premium
$3,220Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,123
Property tax
$271
Condo / maintenance fees
$826
Heating
$0
Estimated monthly cost
$3,220

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,173
Estimated closing costs
$6,173

Plus your down payment of $96,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,573/monthPayment at the qualifying rate

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

$249,092Total interest paid
$637,012Total of all payments
Principal $387,920 Interest $249,092
YearPrincipalInterestBalance
1$8,778$16,702$379,142
2$9,168$16,313$369,974
3$9,575$15,906$360,399
4$10,000$15,481$350,400
5$10,443$15,037$339,957
6$10,907$14,574$329,050
7$11,391$14,090$317,659
8$11,896$13,584$305,762
9$12,424$13,056$293,338
10$12,976$12,505$280,362
11$13,552$11,929$266,810
12$14,153$11,327$252,657
13$14,781$10,699$237,876
14$15,437$10,043$222,438
15$16,123$9,358$206,316
16$16,838$8,642$189,478
17$17,585$7,895$171,892
18$18,366$7,115$153,526
19$19,181$6,300$134,345
20$20,032$5,448$114,313
21$20,921$4,559$93,392
22$21,850$3,631$71,542
23$22,820$2,661$48,722
24$23,832$1,648$24,890
25$24,890$590$0

At the end of your 5-year term

Total paid over the term
$127,402
Principal paid down
$47,963
Interest paid
$79,439
Balance remaining
$339,957

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.

Let's connect

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

Rental yield
From 8 whole-home leases in South East$2,600/mo
$31,200Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,392 to $2,808Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 8 whole-home leases in South East signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,600. 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.

6.4%
Gross yield
− Property tax $3,247− Condo fees $9,915− Insurance $600− Vacancy & upkeep $3,432Net operating income $14,006

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

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