208-191 Lake Driveway, Ajax, ON

South West, Ajax · MLS® E13613830

$464,900
For Sale
Listed 54 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome To A Beautifully Updated, Move-In-Ready Condo In The Sought-After East Hampton Community In Southwest Ajax.
  • Designed For Easy Living, This Thoughtfully Renovated Home Offers The Perfect Blend Of Comfort, Style, And Everyday Convenience.
  • Enjoy A Lifestyle With Amenities Right At Your Doorstep, Including An Indoor Swimming Pool, Sauna, Updated Gym, Tennis Courts, Barbecue Grill, And Children'S Play Area.
  • For Commuters, Highway 401 And The GO Station Are Only Minutes Away, Helping You Stay Connected With Ease.

Welcome To A Beautifully Updated, Move-In-Ready Condo In The Sought-After East Hampton Community In Southwest Ajax. Designed For Easy Living, This Thoughtfully Renovated Home Offers The Perfect Blend Of Comfort, Style, And Everyday Convenience.The Modern Kitchen Is Ready For You To Enjoy, Featuring Updated Cabinetry, Refreshed Countertops, And Stainless-Steel Appliances. The Spacious Primary Suite Provides A Relaxing Retreat, Complete With A Generous Walk-In Closet And An Updated Ensuite Bathroom Designed With Both Comfort And Function In Mind. For Your Convenience, There Is One Underground Parking Space.Maintenance Fees Include Water, Building Insurance, Amenities, And A Storage Locker, Giving You Added Value And Peace Of Mind. Enjoy A Lifestyle With Amenities Right At Your Doorstep, Including An Indoor Swimming Pool, Sauna, Updated Gym, Tennis Courts, Barbecue Grill, And Children'S Play Area.Located In One Of Ajax'S Most Desirable Lakeside Neighborhoods, This Home Places You Just Steps From The Lake Ontario Waterfront Trail And The Scenic Duffins Creek Nature Reserve, Where You Can Enjoy Peaceful Walks, Bike Rides, And Time Outdoors. Parks, Schools, Shopping, Restaurants, And Everyday Essentials Are All Close By, Making Daily Life Simple And Convenient.For Commuters, Highway 401 And The GO Station Are Only Minutes Away, Helping You Stay Connected With Ease.Whether You Are A First-Time Buyer, Downsizer, Or Investor, This Turnkey Condo Offers Comfort, Convenience, And A Welcoming Place To Call Home In One Of Ajax'S Premier Communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13613830
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Westney Rd S/Lake Driveway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete
Roof
Flat
Maintenance
$627/mo
Exposure
North
Property tax
$3,122 / 2026
Days on market
54
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

Living RoomMain5.87 × 4.40 m

laminate · fireplace · w/o to balcony

Bedroom 2Main3.37 × 2.70 m

laminate · closet · window

Primary BedroomMain4.42 × 3.26 m

laminate · 4 pc ensuite · walk-in closet(s)

KitchenMain2.38 × 2.30 m

laminate · modern kitchen

Our TakeTeam Asgarian · Broker
A small discount is typical
$449Klikely closing

Listed at $464,900 with no offer date. Homes here have been closing close to ask, so my read is $449K, typically $444K to $454K. Comparable closings on their own put this home around $454K, which supports the ask, so this is a firm read.

List price
$444KBelow recent closings$465KAbove recent closings

Total price vs nearby homes. Likely closing about $449K, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$477Kmedian sold price
96%of asking, on average
−3%prices vs a year ago
~34 dayshomes like this take to sell
54days on market so far
$2,425/moest. rent · 15 leases
6.3%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $490/sqft against an area asking average of $459/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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $429K. 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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in South West, so I widened the search to the surrounding area.

Based on 26 homes sold in this building over the past two years, from 46 closings in South West.

What sellers nearby are askingCurrently listed nearby in South West · asking prices
$463kavg asking

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 $454K, which is where my estimate comes from.

Per square foot, these ask about $438/sqft; this home lists at $490/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
465kThis home440k425k525kThis home vs active comparables

Neighbourhood & location

South 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.

South East
$500K
Central West
$445K

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
$2,119/mo
$105KIncome needed
4.4×Price ÷ income
$489Weekly cost
$5,773Land 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.

70%mortgage
Mortgage $2,119Property tax $260Condo fee $627Total carry $3,006

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,036per month

Mortgage amount $371,920 · 4.39% over 25 years

$92,980Down payment (20.0%)
$371,920Loan before insurance
$0CMHC premium
$2,923Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,036
Property tax
$260
Condo / maintenance fees
$627
Heating
$0
Estimated monthly cost
$2,923

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

One-time closing costs

Ontario land transfer tax
$5,773
Estimated closing costs
$5,773

Plus your down payment of $92,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,466/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

$238,818Total interest paid
$610,738Total of all payments
Principal $371,920 Interest $238,818
YearPrincipalInterestBalance
1$8,416$16,013$363,504
2$8,790$15,640$354,714
3$9,180$15,250$345,535
4$9,587$14,842$335,947
5$10,013$14,417$325,935
6$10,457$13,973$315,478
7$10,921$13,508$304,557
8$11,406$13,024$293,151
9$11,912$12,518$281,239
10$12,441$11,989$268,798
11$12,993$11,437$255,805
12$13,569$10,860$242,236
13$14,172$10,258$228,064
14$14,801$9,629$213,264
15$15,458$8,972$197,806
16$16,144$8,286$181,662
17$16,860$7,569$164,802
18$17,608$6,821$147,194
19$18,390$6,040$128,804
20$19,206$5,224$109,598
21$20,058$4,371$89,540
22$20,949$3,481$68,591
23$21,878$2,551$46,713
24$22,849$1,580$23,863
25$23,863$566$0

At the end of your 5-year term

Total paid over the term
$122,148
Principal paid down
$45,985
Interest paid
$76,162
Balance remaining
$325,935

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 15 whole-home leases in South West$2,425/mo
$29,100Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,304 to $2,546Typical rent range

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 15 whole-home leases in South West signed at a median of $2,355 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,425. 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.

6.3%
Gross yield
− Property tax $3,122− Condo fees $7,527− Insurance $600− Vacancy & upkeep $3,201Net operating income $14,650

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

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