78 Ashbury Boulevard, Ajax, ON

South East, Ajax · MLS® E13692994

$1,149,000
For Sale
Listed 33 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Beautifully Renovated From Top To Bottom.
  • Convenient Access To Ajax GO Station, Hwy 401 & Major Commuter Routes, Offering Easy Travel To Downtown Toronto And Across The GTA.
  • Featuring New Flooring, Fresh Paint, Pot Lights & Renovated Bathrooms Throughout.
  • Upstairs Features An Oversized Primary Bedroom With Walk-In Closet & Ensuite, Plus 3 Additional Generously Sized, Bright Bedrooms And Convenient 2nd-Floor Laundry.
  • The Fully Finished Basement Offers Exceptional Additional Living Space With 2 Bedrooms, 3pc Bathroom, Kitchen, Large Living/Recreation Area & A Second Laundry Room...

Beautifully Renovated From Top To Bottom! Welcome To This Bright & Spacious 4+2 Bedroom Detached Home In A Sought-After South Ajax Lakeside Community, Just Minutes To Lake Ontario, Waterfront Trails, Parks, Splash Pad, Community Centre, Schools & Everyday Amenities. Convenient Access To Ajax GO Station, Hwy 401 & Major Commuter Routes, Offering Easy Travel To Downtown Toronto And Across The GTA. Featuring New Flooring, Fresh Paint, Pot Lights & Renovated Bathrooms Throughout. The Updated Kitchen Features S/S Appliances, Brand-New Countertops, Cooktop & Dishwasher. The Spacious Family Room With Fireplace Is Perfect For Family Living & Entertaining. Upstairs Features An Oversized Primary Bedroom With Walk-In Closet & Ensuite, Plus 3 Additional Generously Sized, Bright Bedrooms And Convenient 2nd-Floor Laundry. The Fully Finished Basement Offers Exceptional Additional Living Space With 2 Bedrooms, 3pc Bathroom, Kitchen, Large Living/Recreation Area & A Second Laundry Room, Ideal For Extended Family, Guests Or Multi-Generational Living. Double Garage, Ample Driveway Parking & Backyard BBQ Gas Line. Move-In Ready Family Home In An Excellent Lakeside Location With Outstanding Commuter Convenience. Must See!

Key facts

Property type
Detached, 2-Storey
MLS®
E13692994
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
42.32 × 81.57 ft
Cross streets
Audley Road S/Ashbury Blvd
Parking
2 garage · 4 parking (built-in)
Driveway
Private
Basement
Apartment, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Brick
Roof
Unknown
Sewer
Sewer
Property tax
$7,173 / 2025
Days on market
33
Listing brokerage
PROHOME REALTY

Rooms

Bedroom 2Second3.30 × 3.00 m

overlooks backyard · closet

KitchenMain3.30 × 2.77 m

stainless steel appl · overlooks backyard

Living RoomMain6.00 × 3.50 m

combined w/dining · overlooks frontyard

Family RoomMain4.90 × 4.60 m

bay window · gas fireplace

BreakfastMain2.90 × 2.60 m

w/o to garden · w/o to garage

Primary BedroomSecond4.80 × 4.30 m

4 pc ensuite · walk-in closet(s)

LaundrySecond2.76 × 1.78 m

Window

Bedroom 3Second3.60 × 3.40 m

large closet · overlooks frontyard

Dining RoomMain6.00 × 3.50 m

hardwood floor · combined w/living · window

Bedroom 4Second3.50 × 3.30 m

large closet · overlooks frontyard

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.13Mlikely sale price

Listed at $1,149,000. 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 $1.13M, if it sells. A realistic range is $1.06M to $1.27M.

Independent value check: $991K. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $929K and $1.04M).

Why $991K. The typical detached home sold in South East over the past year went for about $874K (143 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,173 a year; the typical home sold here pays about $6,400.
  • ▲ Raises it2 garage and 4 total parking spaces, against 1 and 4 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.

Longer on the market than typical. 33 days on the market against about 20 for homes like it here, and asking 16% above where comparable closings put it.

List price
$1.06MBelow recent closings$1.27MAbove recent closings

Total price vs nearby homes. Likely closing about $1.13M, 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
33days on market so far
$4,151/moest. rent · 18 leases
4.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 12 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 $511/sqft against an area asking average of $513/sqft.

  • basement apartment features. A finished 2 bed basement apartment with 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 $1.00M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. 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

Priced above comparable homes overall, but the price per square foot ($511/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

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 East
$994K
Central
$845K
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
$5,237/mo
$223KIncome needed
5.2×Price ÷ income
$1,208Weekly cost
$19,455Land 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.

90%mortgage
Mortgage $5,237Property tax $598Total carry $5,835

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)
$5,031per month

Mortgage amount $919,200 · 4.39% over 25 years

$229,800Down payment (20.0%)
$919,200Loan before insurance
$0CMHC premium
$5,629Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,031
Property tax
$598
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,629

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

One-time closing costs

Ontario land transfer tax
$19,455
Estimated closing costs
$19,455

Plus your down payment of $229,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,096/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

$590,239Total interest paid
$1,509,439Total of all payments
Principal $919,200 Interest $590,239
YearPrincipalInterestBalance
1$20,800$39,577$898,400
2$21,724$38,654$876,676
3$22,688$37,690$853,988
4$23,695$36,683$830,294
5$24,746$35,631$805,548
6$25,844$34,533$779,703
7$26,991$33,386$752,712
8$28,189$32,188$724,522
9$29,441$30,937$695,082
10$30,747$29,630$664,335
11$32,112$28,266$632,223
12$33,537$26,841$598,686
13$35,025$25,352$563,661
14$36,580$23,798$527,081
15$38,203$22,174$488,878
16$39,899$20,479$448,979
17$41,670$18,708$407,309
18$43,519$16,859$363,790
19$45,450$14,927$318,340
20$47,468$12,910$270,872
21$49,574$10,803$221,298
22$51,775$8,603$169,523
23$54,072$6,305$115,451
24$56,472$3,905$58,979
25$58,979$1,399$0

At the end of your 5-year term

Total paid over the term
$301,888
Principal paid down
$113,652
Interest paid
$188,236
Balance remaining
$805,548

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 18 whole-home leases in South East$4,151/mo
$49,812Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,893 to $4,879Typical rent range
~39 daysTo find a tenant, on average

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 numbers

The last 18 whole-home leases in South East signed at a median of $4,204 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,151. 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.

4.3%
Gross yield
− Property tax $7,173− Insurance $1,400− Vacancy & upkeep $5,479Net operating income $35,760

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

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