60 Spiers Crescent, Ajax, ON

South East, Ajax · MLS® E13726932

$1,049,900
For Sale
Listed 21 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Ravine Lot Backing Onto A Private Stream In One Of South Ajax's Most Desirable Waterfront Communities.
  • Enjoy Peaceful Views From The Spacious Deck Overlooking Mature Trees And The Ravine Beyond, While The South-Facing Backyard Provides Exceptional Natural Light...
  • The Custom Cherrywood Kitchen With Maple Veneer Shelving Offers Ample Cabinetry, Pantry Storage, Ceramic Flooring And A Breakfast Area With Walkout To The Deck And...
  • Upstairs, The Spacious Primary Bedroom Includes Hardwood Flooring And A Private 4-Piece Ensuite.
  • Conveniently Located Minutes To Highways 401 And 412, Ajax GO Station, Schools, Shopping And Restaurants.

Ravine Lot Backing Onto A Private Stream In One Of South Ajax's Most Desirable Waterfront Communities. This Beautifully Maintained 4 Bedroom, 3 Bathroom Detached Home Offers A Rare Combination Of Privacy, Nature And Convenience, Just Steps From The Lakefront Trail, Parks And Everyday Amenities. Enjoy Peaceful Views From The Spacious Deck Overlooking Mature Trees And The Ravine Beyond, While The South-Facing Backyard Provides Exceptional Natural Light Throughout The Day.The Main Floor Offers A Bright And Functional Layout Designed For Family Living. The Welcoming Living Room Features A Large Bow Window And Flows Into The Formal Dining Room. The Custom Cherrywood Kitchen With Maple Veneer Shelving Offers Ample Cabinetry, Pantry Storage, Ceramic Flooring And A Breakfast Area With Walkout To The Deck And Stunning Ravine Views. The Sunken Family Room Features Hardwood Flooring And A Cozy Wood Burning Fireplace, Creating The Perfect Space To Gather.Upstairs, The Spacious Primary Bedroom Includes Hardwood Flooring And A Private 4-Piece Ensuite. Three Additional Bedrooms Offer Flexible Space For Growing Families, Guests Or A Home Office.Conveniently Located Minutes To Highways 401 And 412, Ajax GO Station, Schools, Shopping And Restaurants. The Full Unfinished Basement With Oversized Windows Provides Excellent Potential For Future Living Space. A Rare Opportunity To Own A Premium Ravine Property In An Exceptional South Ajax Location.

Key facts

Property type
Detached, 2-Storey
MLS®
E13726932
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
49.21 × 98.43 ft
Cross streets
Bayly & Shoal Point
Parking
2 garage · 4 parking (attached)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,593 / 2026
Days on market
21
Listing brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.03Mlikely sale price

Listed at $1,049,900. 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 $1.03M, if it sells. A realistic range is $968K to $1.16M.

Independent value check: $960K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $899K and $1.01M).

Why $960K. 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 $7,593 a year; the typical home sold here pays about $6,400.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightly2 garage and 4 total parking spaces, against 1 and 4 typically.
List price
$968KBelow recent closings$1.16MAbove recent closings

Total price vs nearby homes. Likely closing about $1.03M, 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
21days on market so far
$3,966/moest. rent · 24 leases
4.5%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 $467/sqft against an area asking average of $510/sqft.

  • Ravine / green setting. This home backs onto a green space. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 $962K. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. 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 ($467/sqft) is below 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
$845K
Central East
$994K
Central West
$995K
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
$4,785/mo
$207KIncome needed
5.1×Price ÷ income
$1,104Weekly cost
$17,473Land 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.

88%mortgage
Mortgage $4,785Property tax $633Total carry $5,418

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)
$4,598per month

Mortgage amount $839,920 · 4.39% over 25 years

$209,980Down payment (20.0%)
$839,920Loan before insurance
$0CMHC premium
$5,230Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,598
Property tax
$633
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,230

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

One-time closing costs

Ontario land transfer tax
$17,473
Estimated closing costs
$17,473

Plus your down payment of $209,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,570/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

$539,332Total interest paid
$1,379,252Total of all payments
Principal $839,920 Interest $539,332
YearPrincipalInterestBalance
1$19,006$36,164$820,914
2$19,850$35,320$801,064
3$20,731$34,439$780,333
4$21,651$33,519$758,682
5$22,612$32,558$736,070
6$23,615$31,555$712,455
7$24,663$30,507$687,791
8$25,758$29,412$662,033
9$26,901$28,269$635,132
10$28,095$27,075$607,037
11$29,342$25,828$577,694
12$30,644$24,526$547,050
13$32,004$23,166$515,046
14$33,425$21,745$481,621
15$34,908$20,262$446,712
16$36,458$18,712$410,255
17$38,076$17,094$372,179
18$39,766$15,405$332,414
19$41,530$13,640$290,883
20$43,374$11,796$247,510
21$45,299$9,871$202,211
22$47,309$7,861$154,902
23$49,409$5,761$105,493
24$51,602$3,569$53,892
25$53,892$1,278$0

At the end of your 5-year term

Total paid over the term
$275,850
Principal paid down
$103,850
Interest paid
$172,000
Balance remaining
$736,070

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 24 whole-home leases in South East$3,966/mo
$47,592Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,768 to $4,375Typical rent range
~39 daysTo find a tenant, on average

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 24 whole-home leases in South East signed at a median of $3,908 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,966. 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.

4.5%
Gross yield
− Property tax $7,593− Insurance $1,400− Vacancy & upkeep $5,235Net operating income $33,364

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK FIRST GROUP REALTY LTD.. MLS®/PropTx.

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