154 Admiral Road, Ajax, ON

South East, Ajax · MLS® E13433252

$749,999
For Sale
Listed 102 days agoNo offer date stated
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3Bedrooms
3Bathrooms
3Parking
1500-2000Sq ft

About this home

In short

  • Stunning Pie-Shaped Corner Lot In Sought-After South Ajax Incredible Curb Appeal With A Charming Front Porch In A Family-Friendly Community.
  • Sun-Filled Open Concept Layout Offering Over 2,500 Square Feet Of Living Space.
  • Finished Basement With Lots Of Potential For In-Laws Or Extended Family.
  • Extensive Renovations Completed In 2018 Including Brand New Windows Throughout, Brand New Roof, Brand New Vinyl Siding, And Fresh Paint Throughout.
  • Fully Fenced Yard, Plenty Of Parking Space, And Conveniently Located Minutes To Schools, Highway 401, GO Transit, Shopping, Restaurants, And More.

***Stunning Pie-Shaped Corner Lot In Sought-After South Ajax*** Incredible Curb Appeal With A Charming Front Porch In A Family-Friendly Community. Sun-Filled Open Concept Layout Offering Over 2,500 Square Feet Of Living Space. New Three-Bedroom Design Featuring A Huge Primary Bedroom. Finished Basement With Lots Of Potential For In-Laws Or Extended Family. Extensive Renovations Completed In 2018 Including Brand New Windows Throughout, Brand New Roof, Brand New Vinyl Siding, And Fresh Paint Throughout. Move In And Enjoy. Shows Beautifully. Multiple Entrances Provide Added Flexibility. Fully Fenced Yard, Plenty Of Parking Space, And Conveniently Located Minutes To Schools, Highway 401, GO Transit, Shopping, Restaurants, And More. Just Minutes To The Waterfront And Scenic Walking Trails.

Key facts

Property type
Detached, 2-Storey
MLS®
E13433252
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
75.15 × 138.73 ft
Cross streets
Burcher rd and Bayley
Parking
3 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Poured Concrete
Roof
Fibreglass Shingle
Sewer
Other
Property tax
$5,824 / 2025
Days on market
102
Listing brokerage
RIGHT AT HOME REALTY

Rooms

LaundryMain2.20 × 1.55 m
Mud RoomMain1.81 × 2.02 m

W/O To Deck

KitchenMain4.22 × 2.89 m

ceramic floor · eat-in kitchen · stainless steel appl

Primary BedroomSecond7.19 × 3.74 m

laminate · combined w/kitchen · closet

Bedroom 2Second3.92 × 2.74 m

laminate · closet · above grade window

Dining RoomMain3.52 × 2.80 m

hardwood floor · w/o to deck · sliding doors

Bedroom 3Main4.66 × 6.68 m

laminate · w/o to deck · 2 pc bath

RecreationBasement6.87 × 4.20 m

laminate · closet

Living RoomMain4.35 × 3.49 m

hardwood floor · above grade window

Our TakeTeam Asgarian · Broker
A small discount is typical
$738Klikely sale price

Listed at $749,999. 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 $738K, if it sells. A realistic range is $691K to $832K.

Independent value check: $802K. Without looking at the asking price, our model values the home itself about 7% above the ask (homes like it typically land between $752K and $841K).

Why $802K. The typical detached home sold in South East over the past year went for about $874K (143 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,824 a year; the typical home sold here pays about $6,400.
List price
$691KBelow recent closings$832KAbove recent closings

Total price vs nearby homes. Likely closing about $738K, from 31 recent closings in this pocket.

The market behind the math:

31sold nearby · 90 days
$874Kmedian sold price
99%of asking, on average
−2%prices vs a year ago
~15 dayshomes like this take to sell
102days on market so far
$3,146/moest. rent · 18 leases
5.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $429/sqft against an area asking average of $520/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 $815K. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

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 274 closings there.

What sellers nearby are askingCurrently listed nearby in South East · asking prices
$761kavg asking

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 $802K, which is where my estimate comes from.

Per square foot, these ask about $552/sqft; this home lists at $429/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
750kThis home749k760k800k849k649kThis 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
$865K
Central
$845K
Central East
$994K
Central West
$995K
Northwest Ajax
$1.05M

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
$3,418/mo
$150KIncome needed
5.0×Price ÷ income
$789Weekly cost
$11,475Land 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.

88%mortgage
Mortgage $3,418Property tax $485Total carry $3,904

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,284per month

Mortgage amount $599,999 · 4.39% over 25 years

$150,000Down payment (20.0%)
$599,999Loan before insurance
$0CMHC premium
$3,770Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,284
Property tax
$485
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,770

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

One-time closing costs

Ontario land transfer tax
$11,475
Estimated closing costs
$11,475

Plus your down payment of $150,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,979/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

$385,273Total interest paid
$985,272Total of all payments
Principal $599,999 Interest $385,273
YearPrincipalInterestBalance
1$13,577$25,834$586,422
2$14,180$25,231$572,242
3$14,809$24,602$557,433
4$15,466$23,944$541,967
5$16,153$23,258$525,814
6$16,870$22,541$508,944
7$17,618$21,792$491,326
8$18,400$21,011$472,925
9$19,217$20,194$453,708
10$20,070$19,341$433,638
11$20,961$18,450$412,678
12$21,891$17,520$390,787
13$22,862$16,548$367,924
14$23,877$15,534$344,047
15$24,937$14,474$319,110
16$26,044$13,367$293,067
17$27,199$12,211$265,867
18$28,407$11,004$237,461
19$29,667$9,744$207,793
20$30,984$8,427$176,809
21$32,359$7,052$144,450
22$33,795$5,616$110,655
23$35,295$4,116$75,359
24$36,862$2,549$38,498
25$38,498$913$0

At the end of your 5-year term

Total paid over the term
$197,054
Principal paid down
$74,185
Interest paid
$122,869
Balance remaining
$525,814

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 18 whole-home leases in South East$3,146/mo
$37,752Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,988 to $3,733Typical rent range
~39 daysTo find a tenant, on average

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 18 whole-home leases in South East signed at a median of $3,350 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,146. 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.

5.0%
Gross yield
− Property tax $5,824− Insurance $1,400− Vacancy & upkeep $4,153Net operating income $26,375

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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