210-193 Lake Driveway Drive, Ajax, ON

South West, Ajax · MLS® E13693064

$439,900
For Sale
Listed 32 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Parking
900-999Sq ft

About this home

In short

  • Welcome Home To A Beautifully Updated 2-Bedroom, 2-Bathroom Condo Designed For Easy, Comfortable Living.
  • This Split Plan Means Both Bedrooms Have Privacy, with the 2nd Bedroom also Making an Ideal Office or Den, while Two Full Bathrooms Provide Added Convenience For...
  • This Well-Appointed Condo Complex Offers An Impressive Range Of Amenities, Including A Gym, Indoor Pool, Jacuzzi, Recreation Room, Tennis Court, Playground, Outdoor...
  • You're Close To The Waterfront, Ajax Rotary Park, And Scenic Walking Trails, While Shopping, Transit & Hospital Are Just Minutes Away.
  • Minutes To Highway 401 for Commuters.

Welcome Home To A Beautifully Updated 2-Bedroom, 2-Bathroom Condo Designed For Easy, Comfortable Living. The Spacious Living / Dining Area Features an Electric Fireplace, Updated High-End Laminate Flooring And Elegant California Shutters, Creating A Polished Look That Complements Virtually Any Décor. Step Outside Onto The Large Private Balcony -The Perfect Spot To Enjoy Your Morning Coffee or Unwind After A Long Day on a Warm Summer Evening. Crisp White Kitchen Cabinets & Black/Stainless Steel Appliances in the Kitchen Make Meal Prep a Breeze. The Convenience Continues With An Ensuite Laundry Closet And Additional Storage Space, Giving You Lots of Options for Organization. This Split Plan Means Both Bedrooms Have Privacy, with the 2nd Bedroom also Making an Ideal Office or Den, while Two Full Bathrooms Provide Added Convenience For Residents And Guests Alike. But The Appeal Doesn't Stop At Your Front Door. This Well-Appointed Condo Complex Offers An Impressive Range Of Amenities, Including A Gym, Indoor Pool, Jacuzzi, Recreation Room, Tennis Court, Playground, Outdoor BBQ Area. Whether You're Looking To Stay Active, Relax, Entertain, Or Simply Enjoy Everything Your Community Has To Offer, You'll Have It All Close To Home. And When You're Ready To Get Out And Explore, The Location Is Hard To Beat. You're Close To The Waterfront, Ajax Rotary Park, And Scenic Walking Trails, While Shopping, Transit & Hospital Are Just Minutes Away. Minutes To Highway 401 for Commuters. Great Opportunity for First Time Buyers or Downsizers!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13693064
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Westney Rd S / Lake Driveway W
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$616/mo
Exposure
South East
Property tax
$3,122 / 2026
Days on market
32
Listing brokerage
Royal LePage Frank Real Estate

Rooms

Living RoomMain5.85 × 4.42 m

electric fireplace · w/o to balcony · laminate

Dining RoomMain5.85 × 4.42 m

combined w/living · open concept · laminate

Primary BedroomMain4.16 × 3.13 m

4 pc ensuite · laminate

Bedroom 2Main3.38 × 2.68 m

laminate · closet

KitchenMain2.46 × 2.26 m

breakfast bar · ceramic floor · b/i dishwasher

Our TakeTeam Asgarian · Broker
A small discount is typical
$425Klikely closing

Listed at $439,900 with no offer date. Homes here have been closing close to ask, so my read is $425K, typically $420K to $430K. Comparable closings on their own put this home around $451K, which supports the ask, so this is a firm read.

List price
$420KBelow recent closings$440KAbove recent closings

Total price vs nearby homes. Likely closing about $425K, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$477Kmedian sold price
96%of asking, on average
−3%prices vs a year ago
~34 dayshomes like this take to sell
32days on market so far
$2,425/moest. rent · 15 leases
6.6%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $463/sqft against an area asking average of $460/sqft. Size and $/sqft both feed the estimate above.

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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $429K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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

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

Based on 26 homes sold in this building over the past two years, from 46 closings in South West.

What sellers nearby are askingCurrently listed nearby in South West · asking prices
$472kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $451K, which is where my estimate comes from.

Per square foot, these ask about $447/sqft; this home lists at $463/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
440kThis home425k465k525kThis home vs active comparables

Neighbourhood & location

South West, 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 East
$500K
Central West
$445K

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
$2,005/mo
$100KIncome needed
4.4×Price ÷ income
$463Weekly cost
$5,273Land 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.

70%mortgage
Mortgage $2,005Property tax $260Condo fee $616Total carry $2,881

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)
$1,926per month

Mortgage amount $351,920 · 4.39% over 25 years

$87,980Down payment (20.0%)
$351,920Loan before insurance
$0CMHC premium
$2,802Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,926
Property tax
$260
Condo / maintenance fees
$616
Heating
$0
Estimated monthly cost
$2,802

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

One-time closing costs

Ontario land transfer tax
$5,273
Estimated closing costs
$5,273

Plus your down payment of $87,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,334/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

$225,976Total interest paid
$577,896Total of all payments
Principal $351,920 Interest $225,976
YearPrincipalInterestBalance
1$7,964$15,152$343,956
2$8,317$14,799$335,640
3$8,686$14,430$326,953
4$9,072$14,044$317,882
5$9,474$13,642$308,408
6$9,895$13,221$298,513
7$10,334$12,782$288,179
8$10,792$12,323$277,387
9$11,271$11,844$266,115
10$11,772$11,344$254,344
11$12,294$10,822$242,050
12$12,840$10,276$229,210
13$13,410$9,706$215,800
14$14,005$9,111$201,795
15$14,626$8,490$187,169
16$15,275$7,840$171,894
17$15,953$7,162$155,940
18$16,661$6,454$139,279
19$17,401$5,715$121,878
20$18,173$4,943$103,705
21$18,980$4,136$84,725
22$19,822$3,294$64,903
23$20,702$2,414$44,201
24$21,621$1,495$22,580
25$22,580$536$0

At the end of your 5-year term

Total paid over the term
$115,579
Principal paid down
$43,512
Interest paid
$72,067
Balance remaining
$308,408

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 15 whole-home leases in South West$2,425/mo
$29,100Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,304 to $2,546Typical 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 15 whole-home leases in South West signed at a median of $2,355 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,425. 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.

6.6%
Gross yield
− Property tax $3,122− Condo fees $7,389− Insurance $600− Vacancy & upkeep $3,201Net operating income $14,788

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Frank Real Estate. MLS®/PropTx.

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