167 Simpson Road, Ajax, ON
South East, Ajax · MLS® E13682642
About this home
In short
- Welcome to 167 Simpson Rd-a bright, incredibly spacious, and carpet-free detached bungalow situated on a premium corner lot in sought-after South East Ajax.
- The renovated chef's kitchen boasts quartz countertops, dark shaker cabinetry, a tile backsplash, breakfast island, stainless steel appliances and a convenient...
- LOWER LEVEL (IN-LAW SUITE POTENTIAL): Featuring a dedicated separate entrance, the fully finished lower level includes pot lights throughout, a full 2nd kitchen with...
- OUTDOOR OASIS & PARKING: Enjoy a private backyard retreat with a covered gazebo, outdoor bar/lounge deck, interlocking patio, and manicured gardens.
- Minutes to the lake, Lakeridge Health Hospital, Hwy 401 & Ajax GO Station, and steps to local parks, scenic trails, and top-rated schools.
Welcome to 167 Simpson Rd-a bright, incredibly spacious, and carpet-free detached bungalow situated on a premium corner lot in sought-after South East Ajax! Designed with unmatched versatility, this home offers 3+1 bedrooms, 2 full bathrooms, 2 full kitchens and multi- generational living or income potential. MAIN LEVEL: Step into an expansive open-concept living and dining area featuring rich dark laminate floors, pot lights, large windows that flood the home with natural light and a striking stone feature wall with a built-in electric fireplace. The renovated chef's kitchen boasts quartz countertops, dark shaker cabinetry, a tile backsplash, breakfast island, stainless steel appliances and a convenient walk-out directly to the side yard. Three spacious main-floor bedrooms feature matching laminate flooring and ample closet space. The updated 4-piece main bathroom features a vanity and a glass shower enclosure with an integrated body-jet massage panel system. LOWER LEVEL (IN-LAW SUITE POTENTIAL): Featuring a dedicated separate entrance, the fully finished lower level includes pot lights throughout, a full 2nd kitchen with tile flooring complete with a black stove and stainless steel fridge and microwave, a generous recreation room, a home gym/office space, a full 4- piece bath and a 4th bedroom complete with custom built-in wooden vanity cabinetry. Excellent under-stairs and cold room storage! OUTDOOR OASIS & PARKING: Enjoy a private backyard retreat with a covered gazebo, outdoor bar/lounge deck, interlocking patio, and manicured gardens. Parking for up to 9 vehicles! Minutes to the lake, Lakeridge Health Hospital, Hwy 401 & Ajax GO Station, and steps to local parks, scenic trails, and top-rated schools.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13682642
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 85.4 × 49.69 ft
- Cross streets
- Harwood/Clements
- Parking
- 9 parking
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Rolled
- Sewer
- Sewer
- Property tax
- $6,357 / 2026
- Days on market
- 35
- Listing brokerage
- RE/MAX COMMUNITY REALTY INC.
Rooms
laminate · stainless steel appl · quartz counter
laminate · window · closet
laminate · combined w/dining
laminate · window
laminate · window · closet
laminate · window
laminate · large window · pot lights
laminate · open concept
laminate · combined w/family · pot lights
Laminate
Listed at $825,000. 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 $812K, if it sells. A realistic range is $761K to $915K.
Independent value check: $844K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $791K and $885K).
Why $844K. The typical detached home sold in South East over the past year went for about $874K (143 sales). What sets this one apart:
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly0 garage and 9 total parking spaces, against 1 and 4 typically.
- ▼ Lowers it slightly3+1 bedrooms and 2 baths, against 3+1 and 3 typically.
Total price vs nearby homes. Likely closing about $812K, from 31 recent closings in this pocket.
The market behind the math:
About 0.5 months of inventory: 5 detached homes for sale in the area against 31 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $635/sqft against an area asking average of $654/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in South East: 41 of the 136 detached leases here lately were basement units, around $1,700 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Ajax.
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 $837K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
Based on 31 comparable homes that sold in South East over the past two years, from 274 closings there.
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 $844K, which is where my estimate comes from.
Per square foot, these ask about $654/sqft; this home lists at $635/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
South East, Ajax, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $660,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,613
- Property tax
- $530
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,142
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,975
- Estimated closing costs
- $12,975
Plus your down payment of $165,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $216,760
- Principal paid down
- $81,604
- Interest paid
- $135,156
- Balance remaining
- $578,396
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.
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
The suite is real income here: basements rent in South East (41 of 136 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 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 numbersThe last 22 whole-home leases in South East signed at a median of $3,484 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,344. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX COMMUNITY REALTY INC.. MLS®/PropTx.