2992 Range Line Road, Ajax, ON

South East, Ajax · MLS® E13513566

$1,230,000
For Sale
Listed 81 days agoNo offer date statedSitting longer than typical
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • A Lakeside Sanctuary Hidden Near Paradise Park.
  • This neighborhood boasts an average household income of $195K.
  • Masterfully renovated with true self-occupancy standards at costs about $200K.
  • Premium Wide-Plank Engineered Oak Hardwood Floors.
  • New Hardwood staircase w/Iron Railing.

A Lakeside Sanctuary Hidden Near Paradise Park. Nestled in one of South Ajax's most coveted community where privacy is paramount. This neighborhood boasts an average household income of $195K. It is just a 3-minute stroll to the serene shores of Lake Ontario. In the summer, the lake turns into your personal resort with a gorgeous white sand beach perfect for swimming, paddleboarding, and kayaking. Mostly within 10 minutes drive to Costco, major supermarkets, premium shopping centers, GO Station & Hwy 401. Masterfully renovated with true self-occupancy standards at costs about $200K. High-Efficiency Furnace & A/C (both 2025). All Brand New Energy-Efficient Windows + Brand New Interior & Exterior Doors + A Sleek Garage Door (2026). Brand New Kitchen Cabinet, Quartz countertop & Premium Appliances (All 2026/The Range Hood Has Touchless Switch). The Kitchen floor is Supported by Firm Cement Boards. Premium Wide-Plank Engineered Oak Hardwood Floors. All 4 New Washrooms. New Hardwood staircase w/Iron Railing. New Asphalt front Driveway. Finished Bsmt w/an upscale recreation pavilion featuring a brand-new ceiling packed with modern pot lights, a 2PC washroom & moisture-resistant vinyl flooring with a Guise of Laminate Boards. Rare Opportunity! You are not Buying a "Flip" but a Certified-quality Asset.

Key facts

Property type
Detached, 2-Storey
MLS®
E13513566
Bedrooms
4
Bathrooms
4 (2 half)
Size
2000-2500 sq ft
Lot
49.2 × 98.4 ft
Cross streets
Pickering Beach S.
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,121 / 2026
Days on market
81
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

Bedroom 2Second3.60 × 2.97 m

Double Closet

Dining RoomGround3.27 × 3.27 m

open concept · combined w/living

KitchenGround5.98 × 3.40 m

w/o to deck · eat-in kitchen

Living RoomGround3.48 × 4.55 m

french doors · combined w/dining · bay window

Family RoomGround5.22 × 3.06 m

w/o to deck · fireplace

Bedroom 4Second3.46 × 3.30 m
Primary BedroomSecond5.15 × 3.34 m

4 pc ensuite · walk-in closet(s)

Bedroom 3Second4.20 × 2.97 m

Double Closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.21Mlikely sale price

Listed at $1,230,000. 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 $1.21M, if it sells. A realistic range is $1.13M to $1.36M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 81 days on the market against about 20 for homes like it here, and asking 25% above where comparable closings put it.

List price
$1.13MBelow recent closings$1.36MAbove recent closings

Total price vs nearby homes. Likely closing about $1.21M, 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
81days on market so far
$4,066/moest. rent · 24 leases
4.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 13 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 $547/sqft against an area asking average of $502/sqft.

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 $971K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

Based on 31 comparable homes that sold in South East over the past two years, from 274 closings there.

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
$5,606/mo
$236KIncome needed
5.2×Price ÷ income
$1,294Weekly cost
$21,075Land 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.

90%mortgage
Mortgage $5,606Property tax $593Total carry $6,199

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)
$5,386per month

Mortgage amount $984,000 · 4.39% over 25 years

$246,000Down payment (20.0%)
$984,000Loan before insurance
$0CMHC premium
$5,980Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,386
Property tax
$593
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,980

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

One-time closing costs

Ontario land transfer tax
$21,075
Estimated closing costs
$21,075

Plus your down payment of $246,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,526/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

$631,849Total interest paid
$1,615,849Total of all payments
Principal $984,000 Interest $631,849
YearPrincipalInterestBalance
1$22,267$42,367$961,733
2$23,255$41,379$938,478
3$24,287$40,347$914,191
4$25,365$39,269$888,826
5$26,491$38,143$862,336
6$27,666$36,968$834,669
7$28,894$35,740$805,775
8$30,177$34,457$775,598
9$31,516$33,118$744,082
10$32,915$31,719$711,168
11$34,375$30,258$676,792
12$35,901$28,733$640,891
13$37,495$27,139$603,397
14$39,159$25,475$564,238
15$40,897$23,737$523,342
16$42,712$21,922$480,630
17$44,607$20,027$436,023
18$46,587$18,047$389,436
19$48,655$15,979$340,781
20$50,814$13,820$289,967
21$53,069$11,565$236,898
22$55,424$9,210$181,474
23$57,884$6,750$123,590
24$60,453$4,181$63,136
25$63,136$1,498$0

At the end of your 5-year term

Total paid over the term
$323,170
Principal paid down
$121,664
Interest paid
$201,505
Balance remaining
$862,336

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 24 whole-home leases in South East$4,066/mo
$48,792Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,863 to $4,475Typical 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 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 $4,066. 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.

4.0%
Gross yield
− Property tax $7,121− Insurance $1,400− Vacancy & upkeep $5,367Net operating income $34,904

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

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