24 Todd Road, Ajax, ON

Central West, Ajax · MLS® E13480438

$1,038,800
For Sale
Listed 90 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
2Garage · 5 parking
2000-2500Sq ft

About this home

In short

  • Gorgeous Home Backing On Park.
  • The Bright 2500 sf home sits on a desirable corner lot in the heart of Ajax.
  • The bright open layout includes a separate dining room with a bay window and Gorgeous family room with vaulted ceilings and Gas fireplace.
  • The oversized primary suite W/Ensuite Bath & 2 Separate Closets (Walk-In + Double).
  • Finished Basement With separate entrance, W/4 Pc Bath.

Gorgeous Home Backing On Park! The Bright 2500 sf home sits on a desirable corner lot in the heart of Ajax. The bright open layout includes a separate dining room with a bay window and Gorgeous family room with vaulted ceilings and Gas fireplace. The oversized primary suite W/Ensuite Bath & 2 Separate Closets (Walk-In + Double). Hardwood floor through out Main & 2nd. The skylight on 2nd floor provides ample light and bright. Finished Basement With separate entrance, W/4 Pc Bath. Professionally Landscaped, Fully Fenced Backyard Backing Onto Forest Ridge Park. Walking distance to Primary and secondary schools, parks, shopping, and transit. Just Move In And Enjoy.

Key facts

Property type
Detached, 2-Storey
MLS®
E13480438
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
40.37 × 109.91 ft
Cross streets
Delaney Dr/Kearney Rd
Parking
2 garage · 5 parking (built-in)
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,920 / 2026
Days on market
90
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenMain3.20 × 3.05 m

ceramic floor · eat-in kitchen · w/o to yard

RecreationBasement7.70 × 3.08 m

open concept · laminate · pot lights

Living RoomMain5.35 × 4.20 m

hardwood floor · crown moulding · overlooks backyard

OfficeBasement2.60 × 2.50 m

open concept · window · pot lights

Bedroom 2Second3.43 × 3.30 m

hardwood floor · crown moulding · large window

Family RoomIn Between5.92 × 5.92 m

hardwood floor · gas fireplace · cathedral ceiling(s)

Bedroom 4Basement3.30 × 2.28 m

open concept · 4 pc ensuite · pot lights

Primary BedroomSecond6.85 × 4.55 m

5 pc ensuite · hardwood floor · walk-in closet(s)

Bedroom 3Second3.43 × 3.30 m

hardwood floor · crown moulding · large window

Dining RoomMain4.15 × 3.86 m

hardwood floor · french doors · crown moulding

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.02Mlikely sale price

Listed at $1,038,800. Going by how homes in Central West have actually closed against their asking prices (about 98%, 40 local closings in 90 days), the likely sale price is near $1.02M, if it sells. A realistic range is $954K to $1.15M.

Independent value check: $1.01M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $950K and $1.06M).

Why $1.01M. The typical detached home sold in Central West over the past year went for about $945K (149 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,920 a year; the typical home sold here pays about $6,800.
  • ▲ Raises it slightly3+1 bedrooms and 4 baths, against 3+1 and 3 typically.
List price
$954KBelow recent closings$1.15MAbove recent closings

Total price vs nearby homes. Likely closing about $1.02M, from 40 recent closings in this pocket.

The market behind the math:

40sold nearby · 90 days
$971Kmedian sold price
98%of asking, on average
+3%prices vs a year ago
~20 dayshomes like this take to sell
90days on market so far
$3,539/moest. rent · 17 leases
4.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 13 detached homes for sale in the area against 40 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 $462/sqft against an area asking average of $493/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.
  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Central West: 49 of the 152 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.
  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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 40 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $959K. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

Based on 40 comparable homes that sold in Central West over the past two years, from 289 closings there.

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.

Central
$845K
Northwest Ajax
$1.05M
Northeast Ajax
$1.10M
Central East
$994K
South West
$865K

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
$4,735/mo
$206KIncome needed
5.0×Price ÷ income
$1,093Weekly cost
$17,251Land 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 $4,735Property tax $660Total carry $5,395

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)
$4,549per month

Mortgage amount $831,040 · 4.39% over 25 years

$207,760Down payment (20.0%)
$831,040Loan before insurance
$0CMHC premium
$5,209Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,549
Property tax
$660
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,209

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

One-time closing costs

Ontario land transfer tax
$17,251
Estimated closing costs
$17,251

Plus your down payment of $207,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,511/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

$533,630Total interest paid
$1,364,670Total of all payments
Principal $831,040 Interest $533,630
YearPrincipalInterestBalance
1$18,805$35,781$812,235
2$19,640$34,947$792,595
3$20,512$34,075$772,083
4$21,422$33,165$750,661
5$22,373$32,214$728,288
6$23,366$31,221$704,922
7$24,403$30,184$680,520
8$25,486$29,101$655,034
9$26,617$27,970$628,417
10$27,798$26,789$600,619
11$29,032$25,555$571,587
12$30,320$24,266$541,266
13$31,666$22,921$509,600
14$33,071$21,515$476,529
15$34,539$20,048$441,990
16$36,072$18,515$405,917
17$37,673$16,914$368,244
18$39,345$15,242$328,899
19$41,091$13,495$287,808
20$42,915$11,672$244,893
21$44,820$9,767$200,073
22$46,809$7,778$153,264
23$48,886$5,700$104,378
24$51,056$3,531$53,322
25$53,322$1,265$0

At the end of your 5-year term

Total paid over the term
$272,934
Principal paid down
$102,752
Interest paid
$170,182
Balance remaining
$728,288

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 17 whole-home leases in Central West$3,539/mo
$42,468Gross annual rent
2.7%Cap rate after taxes and upkeep
$3,362 to $3,838Typical rent range
~19 daysTo find a tenant, on average

The suite is real income here: basements rent in Central West (49 of 152 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 numbers

The last 17 whole-home leases in Central West signed at a median of $3,514 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,539. 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.

4.1%
Gross yield
− Property tax $7,920− Insurance $1,400− Vacancy & upkeep $4,671Net operating income $28,477

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

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