108-2 Westney Road, Ajax, ON

Central West, Ajax · MLS® E13238576

$499,999
For Sale
Listed 108 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
2Parking
1000-1199Sq ft

About this home

In short

  • Beautiful Spacious 2 Bed 2 Full Bath Ground Floor Unit Featuring 2 Entrances.
  • Transit Right Outside Your Door And Quick Access To The 401.Close To Ajax Go And 10 Minutes From The Lakeshore And Walking Paths.

Beautiful Spacious 2 Bed 2 Full Bath Ground Floor Unit Featuring 2 Entrances! Many Updates Throughout!Granite Counters In Bathrooms. New Light Fixtures Throughout. Step Out To Your Own Private Patio And Enjoy The Morning Sun. Maintenance Fees Include All Utilties. Plenty Of Visitor Parking And Shopping Close By.Transit Right Outside Your Door And Quick Access To The 401.Close To Ajax Go And 10 Minutes From The Lakeshore And Walking Paths. Gorgeous Outdoor Pool! Nice Gym With Sauna Located On The Main Floor! Very Well Managed Building.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13238576
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Hwy 2/Westney Road
Parking
2 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$755/mo
Exposure
North East
Property tax
$3,164 / 2026
Days on market
108
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 2Main4.57 × 2.64 m

bamboo · closet · renovated

BathroomMain1.65 × 1.73 m

granite counters · porcelain floor · renovated

Dining RoomMain5.94 × 3.25 m

bamboo · combined w/living · renovated

BathroomMain1.65 × 1.73 m

granite counters · porcelain floor · renovated

KitchenMain3.96 × 2.15 m

updated · backsplash · porcelain floor

Primary BedroomMain4.88 × 3.07 m

bamboo · walk-in closet(s) · ensuite bath

Living RoomMain5.94 × 3.25 m

bamboo · w/o to patio · combined w/dining

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$418Kautomated estimate, from recent sales

Listed at $499,999. Recent sales of homes like it put this one around $418K, so the ask is about 20% above what similar homes have sold for.

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. 108 days on the market, and asking 20% above where comparable closings put it.

List price
$389KBelow recent closings$500KAbove recent closings

Total price vs nearby homes. Fair value about $418K, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
108days on market so far
$2,724/moest. rent · 7 leases
6.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6 months of inventory: 6 condo apartment homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $455/sqft against an area asking average of $451/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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $491K. 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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 ($455/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 8 homes sold in this building over the past two years, from 25 closings in Central West.

What sellers nearby are askingCurrently listed nearby in Central West · asking prices
$447kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $428/sqft; this home lists at $455/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
500kThis home450k430k460kThis home vs active comparables

Neighbourhood & location

Central West, 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 East
$500K
South 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
$2,279/mo
$113KIncome needed
4.4×Price ÷ income
$526Weekly cost
$6,475Land 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.

69%mortgage
Mortgage $2,279Property tax $264Condo fee $755Total carry $3,297

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)
$2,189per month

Mortgage amount $399,999 · 4.39% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$3,208Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,189
Property tax
$264
Condo / maintenance fees
$755
Heating
$0
Estimated monthly cost
$3,208

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

One-time closing costs

Ontario land transfer tax
$6,475
Estimated closing costs
$6,475

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,653/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

$256,849Total interest paid
$656,848Total of all payments
Principal $399,999 Interest $256,849
YearPrincipalInterestBalance
1$9,051$17,222$390,948
2$9,453$16,821$381,495
3$9,873$16,401$371,622
4$10,311$15,963$361,311
5$10,769$15,505$350,542
6$11,246$15,027$339,296
7$11,746$14,528$327,550
8$12,267$14,007$315,283
9$12,811$13,463$302,472
10$13,380$12,894$289,092
11$13,974$12,300$275,118
12$14,594$11,680$260,524
13$15,242$11,032$245,283
14$15,918$10,356$229,365
15$16,625$9,649$212,740
16$17,362$8,912$195,378
17$18,133$8,141$177,245
18$18,938$7,336$158,307
19$19,778$6,496$138,529
20$20,656$5,618$117,873
21$21,573$4,701$96,300
22$22,530$3,744$73,770
23$23,530$2,744$50,240
24$24,574$1,699$25,665
25$25,665$609$0

At the end of your 5-year term

Total paid over the term
$131,370
Principal paid down
$49,457
Interest paid
$81,913
Balance remaining
$350,542

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 7 whole-home leases in Central West$2,724/mo
$32,688Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,506 to $2,942Typical 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 7 whole-home leases in Central West signed at a median of $2,525 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,724. 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.

6.5%
Gross yield
− Property tax $3,164− Condo fees $9,056− Insurance $600− Vacancy & upkeep $3,596Net operating income $16,273

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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