34-25 Annable Lane, Ajax, ON

South East, Ajax · MLS® E13690654

$639,000
For Sale
Listed 32 days agoNo offer date stated
3Bedrooms
3Bathrooms
1Garage · 2 parking
1000-1199Sq ft

About this home

In short

  • Rare End-Unit Condo Townhouse With Walk-Out Basement.
  • Bright and spacious, this home features soaring 9-ft ceilings, oversized windows and an open-concept layout filled with natural light.
  • The rare walk-out basement provides excellent additional living space and future potential.
  • Ideally located just minutes from Ajax's scenic waterfront, trails, parks, shopping, restaurants, Ajax Casino, Ajax GO Station and Highway 401, offering exceptional...

Rare End-Unit Condo Townhouse With Walk-Out Basement! Welcome to 25 Annable Lane, a beautifully updated 3-bedroom, 3-bathroom home in a sought-after South Ajax community. Bright and spacious, this home features soaring 9-ft ceilings, oversized windows and an open-concept layout filled with natural light. Thoughtfully updated throughout, it offers upgraded flooring, new carpet on the stairs, and stylish zebra blinds in the bedrooms. Recent improvements include a new refrigerator, dishwasher, hot water tank, garage door opener, combination smoke/Co detectors, and freshly painted and refinished exterior wood trim. The rare walk-out basement provides excellent additional living space and future potential. Ideally located just minutes from Ajax's scenic waterfront, trails, parks, shopping, restaurants, Ajax Casino, Ajax GO Station and Highway 401, offering exceptional convenience for commuters and families alike. A move-in-ready end unit offering space, style and a long list of thoughtful updates in one of South Ajax's most desirable communities.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
E13690654
Bedrooms
3
Bathrooms
3 (2 half)
Size
1000-1199 sq ft
Cross streets
Bayly St E/Harwood Ave
Parking
1 garage · 2 parking (built-in)
Basement
Walk-Out, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Maintenance
$270/mo
Exposure
West
Property tax
$4,316 / 2026
Days on market
32
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Bedroom 2Second3.78 × 2.38 m

closet · window

Bedroom 3Second2.71 × 2.71 m
KitchenGround5.36 × 3.04 m

open concept · breakfast area

Primary BedroomSecond5.06 × 3.02 m

closet · ensuite bath · window

Family RoomLower3.01 × 3.10 m

w/o to garden · laundry sink

Dining RoomGround6.70 × 3.04 m

combined w/living · open concept

Living RoomGround6.70 × 3.04 m

combined w/dining · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$623Klikely closing

Listed at $639,000 with no offer date. Homes here have been closing close to ask, so my read is $623K, typically $608K to $618K. Comparable closings on their own put this home around $639K, which supports the ask, so this is a firm read.

List price
$608KBelow recent closings$639KAbove recent closings

Total price vs nearby homes. Likely closing about $623K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$560Kmedian sold price
97%of asking, on average
−13%prices vs a year ago
~29 dayshomes like this take to sell
32days on market so far
$2,437/moest. rent · 11 leases
4.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.2 months of inventory: 7 condo townhouse homes for sale in the area against 5 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 $581/sqft against an area asking average of $449/sqft. Size and $/sqft both feed the estimate above.

  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $628K. 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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
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 5 comparable homes that sold in South East over the past two years, from 42 closings there.

What sellers nearby are askingCurrently listed nearby in South East · asking prices
$567kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $639K, which is where my estimate comes from.

Per square foot, these ask about $418/sqft; this home lists at $581/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
639kThis home560k592k550kThis 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.

Central
$646K

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
$2,912/mo
$132KIncome needed
4.9×Price ÷ income
$672Weekly cost
$9,255Land 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.

82%mortgage
Mortgage $2,912Property tax $360Condo fee $270Total carry $3,542

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)
$2,798per month

Mortgage amount $511,200 · 4.39% over 25 years

$127,800Down payment (20.0%)
$511,200Loan before insurance
$0CMHC premium
$3,428Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,798
Property tax
$360
Condo / maintenance fees
$270
Heating
$0
Estimated monthly cost
$3,428

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

One-time closing costs

Ontario land transfer tax
$9,255
Estimated closing costs
$9,255

Plus your down payment of $127,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,390/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

$328,253Total interest paid
$839,453Total of all payments
Principal $511,200 Interest $328,253
YearPrincipalInterestBalance
1$11,568$22,010$499,632
2$12,081$21,497$487,551
3$12,617$20,961$474,934
4$13,177$20,401$461,756
5$13,762$19,816$447,994
6$14,373$19,205$433,621
7$15,011$18,567$418,610
8$15,677$17,901$402,933
9$16,373$17,205$386,560
10$17,100$16,479$369,460
11$17,858$15,720$351,602
12$18,651$14,927$332,951
13$19,479$14,099$313,472
14$20,343$13,235$293,129
15$21,246$12,332$271,882
16$22,189$11,389$249,693
17$23,174$10,404$226,519
18$24,202$9,376$202,317
19$25,277$8,301$177,040
20$26,398$7,180$150,642
21$27,570$6,008$123,072
22$28,794$4,784$94,278
23$30,072$3,507$64,206
24$31,406$2,172$32,800
25$32,800$778$0

At the end of your 5-year term

Total paid over the term
$167,891
Principal paid down
$63,206
Interest paid
$104,685
Balance remaining
$447,994

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 11 whole-home leases in South East$2,437/mo
$29,244Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,242 to $2,755Typical 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 11 whole-home leases in South East signed at a median of $2,812 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,437. 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.

4.6%
Gross yield
− Property tax $4,316− Condo fees $3,240− Insurance $600− Vacancy & upkeep $3,217Net operating income $17,871

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

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