705-92 Church Street, Ajax, ON
Central West, Ajax · MLS® E13756246
About this home
In short
- Welcome To This Lovely And Spacious 2-Bedroom, 2 Bathroom Condo Located In The Sought-After Historic Pickering Village.
- Ideally Situated With Easy Access To Highways 401, 407, And 412, This Building Backs Onto The Beautiful Duffins Creek Ravine, Offering A Peaceful And Scenic Setting.
- Residents Can Enjoy An Outstanding Selection Of Amenities Including Indoor Swimming Pool Overlooking The Ravine, Pickleball Court, Fully Equipped Gym, Party Room...
- The unit is currently leased for one year until July 1, 2027, making this an excellent opportunity for investors seeking a property with an established tenant.
- With its spacious layout, beautiful ravine setting, extensive amenities, convenient location, and strong investment potential, this unit will not disappoint.
Welcome To This Lovely And Spacious 2-Bedroom, 2 Bathroom Condo Located In The Sought-After Historic Pickering Village. Ideally Situated With Easy Access To Highways 401, 407, And 412, This Building Backs Onto The Beautiful Duffins Creek Ravine, Offering A Peaceful And Scenic Setting. The Newly Renovated Kitchen Features Ample Cabinetry And A Built-in Dishwasher. The Entire Condo Has Been Freshly Painted And Is Move-In Ready. The Spacious Primary Bedroom Offers A Convenient Walk-Through Closet And A Private Ensuite Bathroom. Step Outside And Enjoy Your Morning Coffee Or Evening Relaxation On The Impressive 42-Foot Balcony. The Maintenance Fee Includes All Utilities As Well As An Upgraded Rogers Package, Providing Excellent Value. Residents Can Enjoy An Outstanding Selection Of Amenities Including Indoor Swimming Pool Overlooking The Ravine, Pickleball Court, Fully Equipped Gym, Party Room, Separate Saunas in The Men's And Women's Change Rooms. The property is conveniently located within walking distance of a Catholic school, cafés, restaurants, and a local spa, and is just down the street from Pickering Casino. The unit is currently leased for one year until July 1, 2027, making this an excellent opportunity for investors seeking a property with an established tenant. With its spacious layout, beautiful ravine setting, extensive amenities, convenient location, and strong investment potential, this unit will not disappoint!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13756246
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199 sq ft
- Cross streets
- Church St/Hwy 2
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,163/mo
- Exposure
- East West
- Property tax
- $3,660 / 2026
- Days on market
- 12
- Listing brokerage
- CENTURY 21 PERCY FULTON LTD.
Rooms
laminate · combined w/dining · w/o to balcony
eat-in kitchen · ceramic backsplash · renovated
w/o to balcony · 2 pc ensuite · his and hers closets
ceiling fan(s) · laminate · east view
laminate · east view · l-shaped room
Listed at $449,900, which is about 7% below what comparable homes suggest.
Total price vs nearby homes. Fair value about $484K, learned from recent GTA sales.
The market behind the math:
About 6 months of inventory: 6 condo apartment homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $409/sqft against an area asking average of $458/sqft. Size and $/sqft both feed the estimate above.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. 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 and this building.
It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $472K. 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- 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
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Based on 13 homes sold in this building over the past two years, from 25 closings in Central West.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $443/sqft; this home lists at $409/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Central 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 $359,920 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,970
- Property tax
- $305
- Condo / maintenance fees
- $1,163
- Heating
- $0
- Estimated monthly cost
- $3,438
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,473
- Estimated closing costs
- $5,473
Plus your down payment of $89,980. 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
- $118,207
- Principal paid down
- $44,501
- Interest paid
- $73,705
- Balance remaining
- $315,419
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 5 whole-home leases in Central West signed at a median of $2,588 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,732. 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 CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.