110-25 Cumberland Lane, Ajax, ON
South West, Ajax · MLS® E13730724
About this home
In short
- Welcome to 25 Cumberland Lane - a beautiful 2-storey condo nestled in the sought-after waterfront community of South Ajax.
- Step inside to a bright, open-concept main floor featuring gleaming hardwood floors, a spacious living and dining area, and sliding doors leading directly to your...
- Upstairs, the generous primary suite features a walk-in closet and a beautifully refreshed 4pc ensuite with quartz counters and a soaker tub.
- Residents enjoy resort-style amenities including an indoor pool, hot tub, fitness centre, party room, and secure underground parking.
- Steps to Lake Ontario, waterfront trails, parks, shops, transit, and the 401.
Welcome to 25 Cumberland Lane - a beautiful 2-storey condo nestled in the sought-after waterfront community of South Ajax. Offering over 1,200 sq. ft. of stylish living space, this home blends the ease of condo living with the feel and privacy of a townhouse layout. Step inside to a bright, open-concept main floor featuring gleaming hardwood floors, a spacious living and dining area, and sliding doors leading directly to your private ground-floor covered patio - an ideal retreat for morning coffee, evening entertaining, or simply soaking in the fresh lake air. The renovated kitchen impresses with quartz counters, stainless steel appliances, ceramic floors, and a breakfast bar that flows seamlessly into a separate breakfast area with its own walkout to the patio. Upstairs, the generous primary suite features a walk-in closet and a beautifully refreshed 4pc ensuite with quartz counters and a soaker tub. The spa-inspired second bath showcases a glass-enclosed shower with rain head. New laminate flooring throughout the upper level adds a fresh, modern finish. Residents enjoy resort-style amenities including an indoor pool, hot tub, fitness centre, party room, and secure underground parking. Two parking spots included. Maintenance fees also include Cable and Rogers High Speed Internet. The complex has an onsite management office and onsite security evenings and weekends. Both Electric Heat pumps are less than 5 years old. Steps to Lake Ontario, waterfront trails, parks, shops, transit, and the 401. Move-in ready and waiting for you!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13730724
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Harwood Ave South and Lake Driveway W
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,679/mo
- Exposure
- West
- Property tax
- $3,751 / 2025
- Days on market
- 19
- Listing brokerage
- Re/Max Hallmark First Group Realty Ltd.
Rooms
hardwood floor · sliding doors · w/o to terrace
Hardwood Floor
laminate · walk-in closet(s) · 4 pc bath
ceramic floor · breakfast bar
ceramic floor · sliding doors · w/o to terrace
laminate · double closet
Listed at $524,900. Recent sales of homes like it put this one around $445K, so the ask is about 18% above what similar homes have sold for.
If it sells at this ask, expect about $507K, typically $501K to $513K: that is where homes here have closed against their asks in the last 90 days (7 closings).
The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).
Total price vs nearby homes. Fair value about $445K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $404/sqft against an area asking average of $464/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $449K. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($404/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in South West, so I widened the search to the surrounding area.
Based on 5 homes sold in this building over the past two years, from 46 closings in South West.
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 $445K, which is where my estimate comes from.
Per square foot, these ask about $467/sqft; this home lists at $404/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
South West, Ajax, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.
Mortgage amount $419,920 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,299
- Property tax
- $313
- Condo / maintenance fees
- $1,679
- Heating
- $0
- Estimated monthly cost
- $4,290
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,973
- Estimated closing costs
- $6,973
Plus your down payment of $104,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $137,912
- Principal paid down
- $51,920
- Interest paid
- $85,992
- Balance remaining
- $368,000
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 13 whole-home leases in South West signed at a median of $2,449 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,808. 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.
Helpful resources
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.