120 SHARPLIN Drive, Ajax, ON

South East, Ajax · MLS® E13704260

$1,599,000
For Sale
Listed 29 days agoNo offer date stated
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4Bedrooms
5Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

An exceptional custom John Boddy Home located on a coveted premium lot, backing onto conservation in South Ajax. This unique Regalton model offers custom designs and premium finishes throughout, including: -10-foot ceilings on the main floor and 9-foot ceilings on the 2nd floor-stainless steel appliances in the Kitchen-3 gas fireplaces-Waffle ceiling-Composite deck overlooking the scenic backyard views-An extended double-garage that increases space for storage and living in the bedrooms above-Expansive lower level with an entertainment area, wet bar and a rear walk-out with potential for extended living

Key facts

Property type
Detached, 2-Storey
MLS®
E13704260
Bedrooms
4
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
39.41 × 141.44 ft
Cross streets
BAYLY AND AUDLEY SOUTH
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,772 / 2026
Days on market
29
Listing brokerage
REMAX CONNECT REALTY

Rooms

Bedroom 3Second5.79 × 3.66 m

3 pc ensuite · hardwood floor · vaulted ceiling(s)

Bedroom 4Second3.66 × 3.66 m

hardwood floor · crown moulding

Living RoomSecond6.60 × 3.66 m

coffered ceiling(s) · combined w/dining · hardwood floor

Game RoomBasement6.40 × 3.66 m

3 pc bath · hardwood floor

Bedroom 2Second5.39 × 4.27 m

5 pc ensuite · hardwood floor

KitchenGround9.04 × 3.20 m

pantry · quartz counter · w/o to deck

Family RoomGround6.30 × 3.96 m

gas fireplace · coffered ceiling(s) · hardwood floor

BedroomSecond6.30 × 5.56 m

5 pc ensuite · gas fireplace · overlooks ravine

RecreationBasement6.30 × 7.16 m

gas fireplace · w/o to yard · wet bar

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.57Mlikely sale price

Listed at $1,599,000. 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 $1.57M, if it sells. A realistic range is $1.47M to $1.77M.

Independent value check: $1.34M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $1.26M and $1.41M).

Why $1.34M. The typical detached home sold in South East over the past year went for about $874K (143 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $10,772 a year; the typical home sold here pays about $6,400.
  • ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightly4 bedrooms and 5 baths, against 3+1 and 3 typically.
  • ▲ Raises it slightly2 garage and 4 total parking spaces, against 1 and 4 typically.
List price
$1.47MBelow recent closings$1.77MAbove recent closings

Total price vs nearby homes. Likely closing about $1.57M, from 31 recent closings in this pocket.

The market behind the math:

31sold nearby · 90 days
$874Kmedian sold price
99%of asking, on average
−3%prices vs a year ago
~15 dayshomes like this take to sell
29days on market so far
$4,961/moest. rent · 20 leases
3.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 9 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 $492/sqft against an area asking average of $497/sqft.

  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
  • 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.

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 $1.27M. 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($492/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 273 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
$7,288/mo
$311KIncome needed
5.1×Price ÷ income
$1,682Weekly cost
$28,455Land 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.

89%mortgage
Mortgage $7,288Property tax $898Total carry $8,185

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.

4.39%
%
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)
$7,002per month

Mortgage amount $1,279,200 · 4.39% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,900Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,002
Property tax
$898
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,900

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

One-time closing costs

Ontario land transfer tax
$28,455
Estimated closing costs
$28,455

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$8,483/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

$821,403Total interest paid
$2,100,603Total of all payments
Principal $1,279,200 Interest $821,403
YearPrincipalInterestBalance
1$28,947$55,077$1,250,253
2$30,231$53,793$1,220,022
3$31,573$52,451$1,188,449
4$32,974$51,050$1,155,474
5$34,438$49,586$1,121,036
6$35,966$48,058$1,085,070
7$37,563$46,462$1,047,508
8$39,230$44,794$1,008,278
9$40,971$43,053$967,307
10$42,789$41,235$924,518
11$44,688$39,336$879,830
12$46,671$37,353$833,158
13$48,743$35,281$784,416
14$50,906$33,118$733,509
15$53,165$30,859$680,344
16$55,525$28,499$624,819
17$57,989$26,035$566,830
18$60,563$23,461$506,267
19$63,251$20,773$443,016
20$66,058$17,966$376,958
21$68,990$15,034$307,968
22$72,052$11,972$235,916
23$75,250$8,775$160,666
24$78,589$5,435$82,077
25$82,077$1,947$0

At the end of your 5-year term

Total paid over the term
$420,121
Principal paid down
$158,164
Interest paid
$261,957
Balance remaining
$1,121,036

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 20 whole-home leases in South East$4,961/mo
$59,532Gross annual rent
2.6%Cap rate after taxes and upkeep
$4,713 to $5,440Typical 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 20 whole-home leases in South East signed at a median of $4,263 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,961. 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.

3.7%
Gross yield
− Property tax $10,772− Insurance $1,400− Vacancy & upkeep $6,549Net operating income $40,811

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

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