69 Gillett Drive, Ajax, ON

Northeast Ajax, Ajax · MLS® E13555838

$1,499,000
For Sale
Listed 4 days ago
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5Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

Welcome to this beautifully renovated executive family home. Offering 3,185 sq. ft. above grade plus a professionally finished 1,084 sq. ft. w/o bsmt delivering exceptional living space for growing or multi-generational families. Every detail has been thoughtfully updated, making this truly move-in ready. The main and upper levels feature engineered hardwood flooring throughout, complemented by a stunning updated staircase and modern railings. The functional layout includes a dedicated main floor office. The chef-inspired kitchen showcases premium GE Café appliances, including a gas stove and refrigerator, quartz countertops, & abundant workspace for cooking and entertaining. The inviting family room is the perfect gathering space, featuring custom built-in shelving and a stylish electric fireplace. Custom walk-in closets throughout the home maximize storage, while zebra shades provide a modern finishing touch. All four bathrooms have been beautifully renovated with contemporary finishes. Step outside to the expansive second-floor deck, an ideal extension of your living space that's perfect for summer BBQs and outdoor dining. The professionally finished walkout basement offers exceptional flexibility, featuring a bedroom, full bathroom, separate laundry, a full kitchen with GE Café refrigerator and stove, updated laminate flooring, providing versatility for extended family, guests, or private living space. Additional upgrades include a new furnace, upgraded 200-amp electrical service, EV charger in the garage, , washer and dryer , gas BBQ hookup, and Gemstone permanent exterior soffit lighting. Ideally situated in one of Ajax's most sought-after family neighbourhoods, this exceptional home is directly across from Gillett Park and just minutes to excellent schools, shopping, and everyday amenities. Combining quality craftsmanship, modern finishes, and an unbeatable location, simply unpack and enjoy everything this remarkable property has to offer.

Key facts

Property type
Detached, 2-Storey
MLS®
E13555838
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3000-3500
Lot
45.73 × 95.71 ft
Cross streets
Taunton Rd East and Salem Rd
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle, Solar
Sewer
Sewer
Property tax
$10,565 / 2026
Days on market
4
Listing brokerage
RE/MAX ROUGE RIVER REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
In line
$1.50Mest. value

Listed at $1,499,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.46M, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.27M
  • Bedrooms −$30K
  • Adjusts to $1.24M

That comparable adjusts to $1.24M; the $1.50M estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Salem/Gillett is about a 6-minute walk away.

List price
$1.43MGreat deal$1.61MOverpriced

Total price vs nearby homes. Fair value about $1.50M, median of 10 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Northeast Ajax · asking prices
$1.47Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

50 Rumbellow Crescent$1.80M7 Grogan Street$1.30M43 Bellotti Crescent$1.26M13 Muscat Crescent$1.55M4 Mawby Street$1.45M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.50MThis home1.80M1.30M1.26M1.55M1.45MThis home vs active comparables
Live market pulseActive comparables in Northeast Ajax · median list $1.30M
$461this home / sqft
11active listings nearby
4days on market

This home lists 3% below the area average of $473/sqft.

7 days faster than the Ajax average (11 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Northeast Ajax, 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.

Getting around

62/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Salem/Gillett, about 495 m away

20+ transit stops3 grocery20+ dining20+ parks7 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Northwest Ajax
$1.06M
Central East
$1.02M
Central
$862K
Central West
$1.04M
South East
$973K

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
$6,832/mo
$293KIncome needed
5.1×Price ÷ income
$1,577Weekly cost
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.

89%mortgage
Mortgage $6,832Property tax $880Total carry $7,712

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,399per month

Mortgage amount $1,199,200 · 4.14% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$7,280Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,399
Property tax
$880
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,280

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

One-time closing costs

Ontario land transfer tax
$26,455
Estimated closing costs
$26,455

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,773/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

$720,613Total interest paid
$1,919,813Total of all payments
Principal $1,199,200 Interest $720,613
YearPrincipalInterestBalance
1$28,093$48,699$1,171,107
2$29,268$47,524$1,141,839
3$30,492$46,300$1,111,346
4$31,768$45,025$1,079,578
5$33,097$43,696$1,046,482
6$34,481$42,311$1,012,000
7$35,923$40,869$976,077
8$37,426$39,367$938,651
9$38,991$37,801$899,660
10$40,622$36,170$859,037
11$42,322$34,471$816,716
12$44,092$32,701$772,624
13$45,936$30,856$726,688
14$47,858$28,935$678,830
15$49,859$26,933$628,971
16$51,945$24,848$577,026
17$54,118$22,675$522,908
18$56,381$20,411$466,526
19$58,740$18,053$407,787
20$61,197$15,596$346,590
21$63,757$13,036$282,833
22$66,423$10,369$216,410
23$69,202$7,591$147,208
24$72,096$4,696$75,112
25$75,112$1,680$0

At the end of your 5-year term

Total paid over the term
$383,963
Principal paid down
$152,718
Interest paid
$231,244
Balance remaining
$1,046,482

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
Estimate$6,300/mo
$75,600Gross annual rent
3.7%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.0%
Gross yield
− Property tax $10,565− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $55,319

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ROUGE RIVER REALTY LTD.. MLS®/PropTx.

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