297 5th Concession Road, Ajax, ON

Northwest Ajax, Ajax · MLS® E13631526

$2,199,000
For Sale
Listed 73 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
5Bathrooms
3Garage
5,000Sq ft

About this home

In short

  • Welcome to over two acres of private hilltop luxury, situated in the scenic Greenwood community of north Ajax, moments from Greenwood Conservation Area.
  • Set on over 2 rolling acres with nearly 278 feet of frontage, this custom-built estate offers extraordinary privacy, panoramic valley views and sunsets that deserve a...
  • A long, winding driveway with parking for more than 30 vehicles leads to this impressive residence, complete with a three-car attached garage and a grand, welcoming...
  • The home features four bedrooms, 5 bathrooms and fireplaces throughout.
  • At the heart of the home, the spectacular great room is framed by soaring vaulted ceilings, expansive windows and a stately precast fireplace, creating the perfect...

Welcome to over two acres of private hilltop luxury, situated in the scenic Greenwood community of north Ajax, moments from Greenwood Conservation Area. Set on over 2 rolling acres with nearly 278 feet of frontage, this custom-built estate offers extraordinary privacy, panoramic valley views and sunsets that deserve a standing ovation. A long, winding driveway with parking for more than 30 vehicles leads to this impressive residence, complete with a three-car attached garage and a grand, welcoming entrance. The home features four bedrooms, 5 bathrooms and fireplaces throughout. At the heart of the home, the spectacular great room is framed by soaring vaulted ceilings, expansive windows and a stately precast fireplace, creating the perfect setting to admire the breathtaking natural landscape. The breakfast area and primary bedroom both walk out to a generous balcony with glass railings, ideal for morning coffee, summer evenings and stargazing beneath the open sky. A deluxe screened-in sunroom in case you want to be outside but-not-really. All of this is located just minutes from 407, 401, conservation lands, trails and the best of north Pickering and Ajax. On especially clear days, the views even extend as far as the CN Tower. This is not simply a house- it is a rare combination of land, privacy, and an irreplaceable view. A true "pinch me, I live here" kind of property. Come see it for yourself!

Key facts

Property type
Detached, 2-Storey
MLS®
E13631526
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
5,000 sq ft
Lot
277.61 × 321.79 ft
Cross streets
Westney Rd & 5th Concession Rd
Parking
3 garage (attached)
Basement
Walk-Out, Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$15,534 / 2026
Days on market
73
Listing brokerage
WE REALTY

Rooms

OfficeMain3.50 × 2.90 m

hardwood floor · 2 pc ensuite

Bedroom 4Lower4.00 × 4.00 m

3 pc ensuite · large window

Media RoomLower4.00 × 5.00 m

pot lights · led lighting

Dining RoomMain4.60 × 3.60 m

hardwood floor · large window

SunroomMain3.50 × 3.40 m

sw view · overlooks backyard

Great RoomMain7.00 × 6.00 m

vaulted ceiling(s) · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 2.05 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Northwest Ajax · asking prices
$1.55Mavg 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 $2.56M, which is where my estimate comes from.

Per square foot, these ask about $365/sqft; this home lists at $440/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.20MThis home1.56M1.39M1.70MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Northwest Ajax: $1.06M in September 2026, down 1% from a year ago, on 95 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.06M8
November 2025$1.13M6
December 2025$1.05M10
January 2026$1.20M5
February 2026$1.10M6
March 2026$1.10M7
April 2026$1.25M11
May 2026$1.13M8
June 2026$1.04M12
July 2026$1.15M10
August 2026$1.07M6
September 2026$1.06M6

Neighbourhood & location

Northwest 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.

Nearby neighbourhoods

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

Northeast Ajax
$1.14M
Central West
$975K
Central
$825K
Central East
$1000K
South East
$955K

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
$10,022/mo
$428KIncome needed
5.1×Price ÷ income
$2,313Weekly cost
$41,450Land 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 $10,022Property tax $1,295Total carry $11,317

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,727per month

Mortgage amount $1,759,200 · 4.49% over 25 years

$439,800Down payment (20.0%)
$1,759,200Loan before insurance
$0CMHC premium
$11,021Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,727
Property tax
$1,295
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,021

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

One-time closing costs

Ontario land transfer tax
$41,450
Estimated closing costs
$41,450

Plus your down payment of $439,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,773/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

$1,158,876Total interest paid
$2,918,076Total of all payments
Principal $1,759,200 Interest $1,158,876
YearPrincipalInterestBalance
1$39,258$77,465$1,719,942
2$41,040$75,683$1,678,902
3$42,904$73,819$1,635,998
4$44,852$71,871$1,591,146
5$46,888$69,835$1,544,258
6$49,017$67,706$1,495,241
7$51,243$65,480$1,443,999
8$53,569$63,154$1,390,429
9$56,002$60,722$1,334,428
10$58,544$58,179$1,275,884
11$61,202$55,521$1,214,681
12$63,981$52,742$1,150,700
13$66,886$49,837$1,083,814
14$69,923$46,800$1,013,891
15$73,098$43,625$940,793
16$76,417$40,306$864,376
17$79,886$36,837$784,490
18$83,514$33,209$700,976
19$87,305$29,418$613,670
20$91,269$25,454$522,401
21$95,413$21,310$426,987
22$99,746$16,977$327,242
23$104,274$12,449$222,967
24$109,009$7,714$113,958
25$113,958$2,765$0

At the end of your 5-year term

Total paid over the term
$583,615
Principal paid down
$214,942
Interest paid
$368,673
Balance remaining
$1,544,258

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 13 whole-home leases in Northwest Ajax$4,668/mo
$56,016Gross annual rent
1.5%Cap rate after taxes and upkeep
$4,173 to $5,175Typical rent range
~25 daysTo find a tenant, on average

The suite is real income here: basements rent in Northwest Ajax (40 of 130 recent detached leases were basement units, around $1,775 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,775 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 13 whole-home leases in Northwest Ajax signed at a median of $3,419 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,668. 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.

2.5%
Gross yield
− Property tax $15,534− Insurance $1,400− Vacancy & upkeep $6,162Net operating income $32,920

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

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