81 Admiral Road, Ajax, ON

South East, Ajax · MLS® E13767232

$599,000
For Sale
Listed 11 days agoNo offer date stated
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3Bedrooms
2Bathrooms
3Parking
700-1100Sq ft

About this home

In short

  • Welcome to this cozy loved bungalow on a generous 48 x 125 ft lot in a mature, family-friendly neighbourhood.
  • The main level features New Laminate flooring, a bright combined living and dining area overlooking the front yard, a functional kitchen, and Three well-sized...
  • A great opportunity to own a detached home in an established community close to schools, parks, transit, and everyday amenities. please note that the House is being...

Welcome to this cozy loved bungalow on a generous 48 x 125 ft lot in a mature, family-friendly neighbourhood. The main level features New Laminate flooring, a bright combined living and dining area overlooking the front yard, a functional kitchen, and Three well-sized bedrooms. a kitchenette, 3-piece bath, and has potential for a second entrance .offering added convenience and ease of use. A great opportunity to own a detached home in an established community close to schools, parks, transit, and everyday amenities. please note that the House is being sold in "as is" condition in any offers

Key facts

Property type
Detached, Bungalow
MLS®
E13767232
Bedrooms
3
Bathrooms
2
Size
700-1100 sq ft
Lot
48 × 125 ft
Cross streets
Bayly St East & Pickring Beach Road
Parking
3 parking
Driveway
Available
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,530 / 2025
Days on market
11
Listing brokerage
RE/MAX ELEVATE

Rooms

Primary BedroomMain3.00 × 2.85 m

Window

Bedroom 3Main3.30 × 2.15 m

Window

StudyBasement13.50 × 3.29 m

vinyl floor · ensuite bath · eat-in kitchen

Dining RoomMain6.70 × 3.29 m

laminate · open concept · combined w/living

Living RoomMain6.70 × 3.29 m

laminate · open concept · large window

Bedroom 2Main3.38 × 2.15 m

Window

KitchenMain3.30 × 2.80 m

laminate · pot lights

Our TakeTeam Asgarian · Broker
A small discount is typical
$589Klikely sale price

Listed at $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 $589K, if it sells. A realistic range is $552K to $664K.

Independent value check: $590K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $553K and $618K).

Why $590K. The typical detached home sold in South East over the past year went for about $874K (143 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,530 a year; the typical home sold here pays about $6,400.
  • ▼ Lowers it stronglyIt is 700 to 1,100 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
  • ▼ Lowers it3 bedrooms and 2 baths, against 3+1 and 3 typically.
List price
$552KBelow recent closings$664KAbove recent closings

Total price vs nearby homes. Likely closing about $589K, 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
11days on market so far
$2,535/moest. rent · 22 leases
5.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.5 months of inventory: 5 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 $666/sqft against an area asking average of $648/sqft.

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 $586K. 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 31 comparable homes that sold in South East over the past two years, from 273 closings there.

What sellers nearby are askingCurrently listed nearby in South East · asking prices
$643kavg asking

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 $715/sqft; this home lists at $666/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
599kThis home599k530k800kThis home vs active comparables

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.

Central
$845K
Central East
$994K
South West
$865K
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
$2,730/mo
$120KIncome needed
5.0×Price ÷ income
$630Weekly cost
$8,455Land 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.

88%mortgage
Mortgage $2,730Property tax $377Total carry $3,108

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)
$2,623per month

Mortgage amount $479,200 · 4.39% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,001Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,623
Property tax
$378
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,001

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

One-time closing costs

Ontario land transfer tax
$8,455
Estimated closing costs
$8,455

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,178/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

$307,705Total interest paid
$786,905Total of all payments
Principal $479,200 Interest $307,705
YearPrincipalInterestBalance
1$10,844$20,633$468,356
2$11,325$20,151$457,031
3$11,828$19,649$445,204
4$12,353$19,124$432,851
5$12,901$18,575$419,950
6$13,473$18,003$406,477
7$14,071$17,405$392,406
8$14,696$16,780$377,710
9$15,348$16,128$362,362
10$16,029$15,447$346,333
11$16,741$14,736$329,592
12$17,484$13,993$312,109
13$18,260$13,217$293,849
14$19,070$12,406$274,779
15$19,916$11,560$254,863
16$20,800$10,676$234,063
17$21,723$9,753$212,340
18$22,687$8,789$189,652
19$23,694$7,782$165,958
20$24,746$6,730$141,212
21$25,844$5,632$115,368
22$26,991$4,485$88,376
23$28,189$3,287$60,187
24$29,440$2,036$30,747
25$30,747$729$0

At the end of your 5-year term

Total paid over the term
$157,381
Principal paid down
$59,250
Interest paid
$98,132
Balance remaining
$419,950

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 22 whole-home leases in South East$2,535/mo
$30,420Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,069 to $3,214Typical 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 22 whole-home leases in South East signed at a median of $2,846 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,535. 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.

5.1%
Gross yield
− Property tax $4,530− Insurance $1,400− Vacancy & upkeep $3,346Net operating income $21,144

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

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