707-44 Falby Court, Ajax, ON
South East, Ajax · MLS® E13523568
About this home
In short
- Highly Demand location , This Rarely Offered 3 Bedroom Condo Boasts Over 1200Sq Ft Of Open Living Space, with 2 full washrooms.
- New Hardwood Floors, Crown Molding, California Shutters & 2 Renovated Bathrooms.
- Primary Has A Very Large Walk In Dressing Room With 3 Piece En-suite.
- Will order the Status Certificate "All appliances included as is".
- Walk To Ajax Rec Center,Shopping,Transit,401,Hospital,Parks & Ajax Water Front.
Highly Demand location , This Rarely Offered 3 Bedroom Condo Boasts Over 1200Sq Ft Of Open Living Space, with 2 full washrooms. Bright & Spacious With Awesome Clear East Views. Sun-Filled L-Shaped Living & Dining With Walk-Out To Private Balcony - Enjoy The Views Of Stunning Sunsets. New Hardwood Floors, Crown Molding, California Shutters & 2 Renovated Bathrooms. Primary Has A Very Large Walk In Dressing Room With 3 Piece En-suite. En-suite Laundry & Large Storage Room. Conveniently located near school, shopping,dining and public transit. Will order the Status Certificate "All appliances included as is". Well Maintained Building W/Gym,Sauna,Rec Rm,Security,Billiards Rm,Library,Workshop.Close To All Amenities. Maint. Fee Incl All Utilities. Walk To Ajax Rec Center,Shopping,Transit,401,Hospital,Parks & Ajax Water Front.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13523568
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- HARWOOD AVE S/BAYLY ST W
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,164/mo
- Exposure
- East
- Property tax
- $3,511 / 2026
- Days on market
- 77
- Listing brokerage
- RE/MAX METROPOLIS REALTY
Listed at $529,000. Recent sales of homes like it put this one around $427K, so the ask is about 24% above what similar homes have sold for.
If it sells at this ask, expect about $510K, typically $512K to $514K: 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. 77 days on the market against about 39 for homes like it here, and asking 24% above where comparable closings put it.
Total price vs nearby homes. Fair value about $427K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $407/sqft against an area asking average of $456/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 25 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $490K. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($407/sqft) is below 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 25 homes sold in this building over the past two years, from 42 closings in South East.
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 $427K, which is where my estimate comes from.
Per square foot, these ask about $442/sqft; this home lists at $407/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
South East, Ajax, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.
Mortgage amount $423,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,316
- Property tax
- $293
- Condo / maintenance fees
- $1,164
- Heating
- $0
- Estimated monthly cost
- $3,773
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,055
- Estimated closing costs
- $7,055
Plus your down payment of $105,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $138,989
- Principal paid down
- $52,326
- Interest paid
- $86,664
- Balance remaining
- $370,874
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in South East signed at a median of $2,700 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,000. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX METROPOLIS REALTY. MLS®/PropTx.