89 Dreyer Drive, Ajax, ON

South East, Ajax · MLS® E13630476

$896,000
For Sale
Listed 50 days agoNo offer date statedSitting longer than typical
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3Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Welcome to this immaculate 4-level side split, perfectly situated in one of Ajax's most sought after neighbourhoods.
  • Step through the beautifully renovated front entrance (2020), featuring a 42-inch wide doorway with elegant sidelights that create a bright, welcoming vibe.
  • Major upgrades throughout the home include the garage door (2020), main floor windows (2018), upper floor windows (2020),garden shed (2017), and a stylish fireplace...
  • The updated kitchen (2021) offers a fresh, contemporary space to cook and gather, while the renovated bathrooms (2016) provide a clean, modern feel.

Welcome to this immaculate 4-level side split, perfectly situated in one of Ajax's most sought after neighbourhoods. Thoughtfully updated and move-in ready, this home blends modern comfort with timeless appeal. Step through the beautifully renovated front entrance (2020), featuring a 42-inch wide doorway with elegant sidelights that create a bright, welcoming vibe. Major upgrades throughout the home include the garage door (2020), main floor windows (2018), upper floor windows (2020),garden shed (2017), and a stylish fireplace insert (2020).The updated kitchen (2021) offers a fresh, contemporary space to cook and gather, while the renovated bathrooms (2016) provide a clean, modern feel. The spacious, fully fenced backyard is ideal for entertaining, relaxing, or simply enjoying your own private outdoor retreat. Families will appreciate being within walking distance to three elementary schools and Ajax High School. Ajax Community Centre, Lakeridge Health hospital, parks, and playgrounds are just minutes away. Durham Transit is steps from your door, making this an exceptional location for commuters and busy households a like. If you're looking for more than just a house-if you're searching for a place that feels like home-this is your chance!

Key facts

Property type
Detached, Sidesplit 4
MLS®
E13630476
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
55.06 × 120.12 ft
Cross streets
PICKERING BEACH & DREYER DRIVE FRONTING ON TO DREYER DRIVE
Parking
1 garage · 5 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,315 / 2025
Days on market
50
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

Dining RoomMain2.80 × 2.70 m

Hardwood Floor

LaundryLower2.60 × 3.20 m

Hardwood Floor

Living RoomMain4.09 × 3.59 m

Hardwood Floor

Bedroom 3Upper3.59 × 2.49 m

Hardwood Floor

SunroomIn Between4.00 × 2.70 m

laminate · w/o to patio

OfficeLower2.80 × 2.70 m

Broadloom

Primary BedroomUpper3.59 × 3.49 m

Hardwood Floor

RecreationLower4.90 × 3.59 m

broadloom · gas fireplace

Bedroom 2Upper3.39 × 2.80 m

Hardwood Floor

KitchenMain4.70 × 2.80 m

Ceramic Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$882Klikely sale price

Listed at $896,000. 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 $882K, if it sells. A realistic range is $826K to $994K.

Independent value check: $825K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $773K and $865K).

Why $825K. The typical detached home sold in South East over the past year went for about $874K (143 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it slightly3 bedrooms and 2 baths, against 3+1 and 3 typically.

Longer on the market than typical. 50 days on the market against about 20 for homes like it here, and asking 9% above where comparable closings put it.

List price
$826KBelow recent closings$994KAbove recent closings

Total price vs nearby homes. Likely closing about $882K, from 31 recent closings in this pocket.

The market behind the math:

31sold nearby · 90 days
$874Kmedian sold price
99%of asking, on average
−2%prices vs a year ago
~15 dayshomes like this take to sell
50days on market so far
$3,019/moest. rent · 26 leases
4.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.9 months of inventory: 30 detached homes for sale in the area against 31 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 $689/sqft against an area asking average of $598/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 $822K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 31 comparable homes that sold in South East over the past two years, from 274 closings there.

What sellers nearby are askingCurrently listed nearby in South East · asking prices
$807kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $825K, which is where my estimate comes from.

Per square foot, these ask about $621/sqft; this home lists at $689/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
896kThis home800k760k649k825k1000kThis home vs active comparables

Neighbourhood & location

South East, 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 West
$865K
Central
$845K
Central East
$994K
Central West
$1.01M
Northwest Ajax
$1.05M

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
$4,084/mo
$177KIncome needed
5.1×Price ÷ income
$942Weekly cost
$14,395Land 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.

89%mortgage
Mortgage $4,084Property tax $526Total carry $4,610

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)
$3,924per month

Mortgage amount $716,800 · 4.39% over 25 years

$179,200Down payment (20.0%)
$716,800Loan before insurance
$0CMHC premium
$4,450Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,924
Property tax
$526
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,450

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

One-time closing costs

Ontario land transfer tax
$14,395
Estimated closing costs
$14,395

Plus your down payment of $179,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,754/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

$460,274Total interest paid
$1,177,074Total of all payments
Principal $716,800 Interest $460,274
YearPrincipalInterestBalance
1$16,220$30,863$700,580
2$16,940$30,143$683,640
3$17,692$29,391$665,947
4$18,477$28,606$647,470
5$19,297$27,786$628,173
6$20,154$26,929$608,019
7$21,048$26,035$586,971
8$21,982$25,101$564,989
9$22,958$24,125$542,031
10$23,977$23,106$518,054
11$25,041$22,042$493,013
12$26,152$20,931$466,860
13$27,313$19,770$439,547
14$28,525$18,558$411,022
15$29,791$17,292$381,231
16$31,113$15,969$350,117
17$32,494$14,589$317,623
18$33,936$13,146$283,687
19$35,443$11,640$248,244
20$37,016$10,067$211,228
21$38,658$8,424$172,570
22$40,374$6,709$132,196
23$42,166$4,917$90,029
24$44,038$3,045$45,992
25$45,992$1,091$0

At the end of your 5-year term

Total paid over the term
$235,415
Principal paid down
$88,627
Interest paid
$146,788
Balance remaining
$628,173

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 26 whole-home leases in South East$3,019/mo
$36,228Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,600 to $3,745Typical rent range
~39 daysTo find a tenant, on average

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 26 whole-home leases in South East signed at a median of $3,116 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,019. 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.

4.0%
Gross yield
− Property tax $6,315− Insurance $1,400− Vacancy & upkeep $3,985Net operating income $24,528

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

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