206-2 Westney Road, Ajax, ON

Central West, Ajax · MLS® E13618696

$399,898
For Sale
Listed 54 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Parking
600-699Sq ft

About this home

In short

  • Welcome to Top of Westney Condominiums, where comfort, convenience, and exceptional value come together in the heart of Ajax's highly desirable Central West community.
  • Perfect for first-time buyers, downsizers, or investors, this spacious 1-bedroom, 1-bathroom condo offers an inviting open-concept layout with 680 sq. ft. of bright...
  • Residents also enjoy excellent building amenities including an outdoor pool, fitness centre, sauna, visitor parking, and a secure entry system.
  • Ideally located just minutes to Ajax GO Station, Highway 401 and 407, transit, parks, schools, community centres, shopping, restaurants, Sobeys, Shoppers Drug Mart...

Welcome to Top of Westney Condominiums, where comfort, convenience, and exceptional value come together in the heart of Ajax's highly desirable Central West community. Perfect for first-time buyers, downsizers, or investors, this spacious 1-bedroom, 1-bathroom condo offers an inviting open-concept layout with 680 sq. ft. of bright, functional living space. The generous living and dining areas are filled with natural light and feature laminate flooring with a walk-out to a private west-facing balcony. The spacious bedroom features a large closet and oversized window. Enjoy the convenience of in-suite laundry, an exclusive parking space, and a private storage locker. Maintenance fees include heat, hydro, water, central air conditioning, parking, building insurance, and common elements, offering outstanding value and worry-free living. Residents also enjoy excellent building amenities including an outdoor pool, fitness centre, sauna, visitor parking, and a secure entry system. Ideally located just minutes to Ajax GO Station, Highway 401 and 407, transit, parks, schools, community centres, shopping, restaurants, Sobeys, Shoppers Drug Mart, banks, and every everyday convenience. An incredible opportunity to own a beautifully maintained condo in one of Ajax's most convenient locations.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13618696
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Kingston Rd & Westney Rd
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$515/mo
Exposure
West
Property tax
$2,497 / 2026
Days on market
54
Listing brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Rooms

KitchenFlat8.79 × 8.50 m

Large Window

BedroomFlat16.17 × 11.15 m

large closet · laminate · large window

Dining RoomFlat7.61 × 5.87 m

overlooks living · laminate

Living RoomFlat16.40 × 11.71 m

overlooks dining · laminate · w/o to balcony

Our TakeTeam Asgarian · Broker
Above what recent sales support
$358Kautomated estimate, from recent sales

Listed at $399,898, about 12% above our estimate of $358K (homes like it typically land between $333K and $377K).

Why $358K. The typical condo sold in Central West over the past year went for about $415K (11 sales). What sets this one apart:

  • ▼ Lowers it strongly1 bedrooms and 1 baths, against 2 and 2 typically.
  • ▼ Lowers itIt is 600 to 699 sq ft; the typical home sold here is 900 to 999.
  • ▲ Raises itIts maintenance fee is $515 a month; the typical unit sold here pays about $800.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $2,497 a year; the typical home sold here pays about $2,900.
List price
$333KBelow our range$400KAbove our range

Total price vs nearby homes. Fair value about $358K, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
54days on market so far
$1,876/moest. rent · 7 leases
5.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6 months of inventory: 6 condo apartment homes for sale in the area against 3 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 $616/sqft against an area asking average of $451/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 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 $379K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 8 homes sold in this building over the past two years, from 25 closings in Central West.

What sellers nearby are askingCurrently listed nearby in Central West · asking prices
$432kavg 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 $358K, which is where my estimate comes from.

Per square foot, these ask about $450/sqft; this home lists at $616/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
400kThis home360k460k460k430k450kThis home vs active comparables

Neighbourhood & location

Central 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
South 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
$1,823/mo
$90KIncome needed
4.5×Price ÷ income
$421Weekly cost
$4,473Land 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.

72%mortgage
Mortgage $1,823Property tax $208Condo fee $515Total carry $2,546

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)
$1,751per month

Mortgage amount $319,918 · 4.39% over 25 years

$79,980Down payment (20.0%)
$319,918Loan before insurance
$0CMHC premium
$2,474Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,751
Property tax
$208
Condo / maintenance fees
$515
Heating
$0
Estimated monthly cost
$2,474

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

One-time closing costs

Ontario land transfer tax
$4,473
Estimated closing costs
$4,473

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,122/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

$205,427Total interest paid
$525,345Total of all payments
Principal $319,918 Interest $205,427
YearPrincipalInterestBalance
1$7,239$13,774$312,679
2$7,561$13,453$305,118
3$7,896$13,118$297,222
4$8,247$12,767$288,976
5$8,613$12,401$280,363
6$8,995$12,019$271,368
7$9,394$11,620$261,974
8$9,811$11,203$252,163
9$10,246$10,767$241,916
10$10,701$10,313$231,215
11$11,176$9,838$220,039
12$11,672$9,342$208,367
13$12,190$8,824$196,176
14$12,731$8,283$183,445
15$13,296$7,718$170,149
16$13,886$7,127$156,263
17$14,503$6,511$141,760
18$15,146$5,867$126,614
19$15,819$5,195$110,795
20$16,521$4,493$94,274
21$17,254$3,760$77,020
22$18,020$2,994$59,001
23$18,819$2,194$40,181
24$19,655$1,359$20,527
25$20,527$487$0

At the end of your 5-year term

Total paid over the term
$105,069
Principal paid down
$39,556
Interest paid
$65,514
Balance remaining
$280,363

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 7 whole-home leases in Central West$1,876/mo
$22,512Gross annual rent
2.7%Cap rate after taxes and upkeep
$1,726 to $2,026Typical 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 7 whole-home leases in Central West signed at a median of $2,525 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,876. 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.

5.6%
Gross yield
− Property tax $2,497− Condo fees $6,181− Insurance $600− Vacancy & upkeep $2,476Net operating income $10,757

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

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