11 Davey Street, Ajax, ON
South East, Ajax · MLS® E13538078
About this home
In short
- Welcome to 11 Davey Street - a beautifully updated 5-bedroom family home in one of South Ajax's most sought-after lakeside communities.
- This exceptional residence blends style, comfort, and functionality with a stunning gourmet kitchen featuring quartz countertops, newer stainless steel refrigerator...
- The roof is approximately 10 years old, providing added value and peace of mind.
- Ideally located just moments from Ajax's scenic waterfront, lakefront trails, parks, schools, shopping, and everyday amenities, with quick access to Highway 401 and...
Welcome to 11 Davey Street - a beautifully updated 5-bedroom family home in one of South Ajax's most sought-after lakeside communities. This exceptional residence blends style, comfort, and functionality with a stunning gourmet kitchen featuring quartz countertops, newer stainless steel refrigerator and dishwasher (both only a few months old), and quality upgrades throughout. Step outside to a spacious deck through an upgraded fiberglass security door, offering enhanced security, durability, and peace of mind.Enjoy LED pot lights throughout, California shutters in the family room and primary bedroom, central vacuum, and a fully finished lower-level basement complete with a wet bar, making it the perfect space for a man cave, home gym, recreation room, or entertaining guests. A separate storage room adds even more convenience. The roof is approximately 10 years old, providing added value and peace of mind. Ideally located just moments from Ajax's scenic waterfront, lakefront trails, parks, schools, shopping, and everyday amenities, with quick access to Highway 401 and GO Transit. This move-in-ready home offers the perfect combination of quality, space, and an unbeatable location. A rare opportunity to own a beautiful family home in one of South Ajax's premier neighborhoods. This is the home you've been waiting for!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13538078
- Bedrooms
- 5
- Bathrooms
- 4 (2 half)
- Size
- 2500-3000 sq ft
- Lot
- 41.01 × 110.36 ft
- Cross streets
- Shoal Point/ Warwick
- Parking
- 2 garage · 4 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,883 / 2026
- Days on market
- 75
- Listing brokerage
- ORION REALTY CORPORATION
Rooms
hardwood floor · closet
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · stainless steel appl · centre island
hardwood floor · formal rm · pot lights
hardwood floor · pot lights · gas fireplace
hardwood floor · closet
Hardwood Floor
hardwood floor · separate room · pot lights
hardwood floor · closet
Listed at $1,390,000. 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 $1.37M, if it sells. A realistic range is $1.28M to $1.54M.
Independent value check: $1.12M. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $1.05M and $1.17M).
Why $1.12M. The typical detached home sold in South East over the past year went for about $874K (143 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,883 a year; the typical home sold here pays about $6,400.
- ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly2 garage and 4 total parking spaces, against 1 and 4 typically.
Longer on the market than typical. 75 days on the market against about 20 for homes like it here, and asking 24% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.37M, from 31 recent closings in this pocket.
The market behind the math:
About 1.5 months of inventory: 16 detached homes for sale in the area against 31 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $505/sqft against an area asking average of $506/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 $1.14M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($505/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 31 comparable homes that sold in South East over the past two years, from 274 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $519/sqft; this home lists at $505/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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 21, 2026); conventional rates run a little higher.
Mortgage amount $1,112,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,087
- Property tax
- $740
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,827
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,275
- Estimated closing costs
- $24,275
Plus your down payment of $278,000. 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
- $365,208
- Principal paid down
- $137,491
- Interest paid
- $227,718
- Balance remaining
- $974,509
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 16 whole-home leases in South East signed at a median of $4,204 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,542. 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 ORION REALTY CORPORATION. MLS®/PropTx.