977 Audley Road, Ajax, ON

South East, Ajax · MLS® E13774146

$1,699,000
For Sale
Listed 10 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • One of Ajax's rarest lakefront opportunities.
  • The beautifully renovated kitchen features quartz countertops, farmhouse sink, abundant cabinetry, 6-burner gas stove, and a massive centre island with seating for eight.
  • A walkout leads to the backyard oasis, while the adjoining family room features a gas fireplace surrounded by custom cabinetry.
  • The convenient mud room offers built-in appliances, ample storage, and a walkout to the pool.
  • Outside, enjoy professionally landscaped grounds, an in-ground pool, generous entertaining space, and a paved side-yard sports area.

One of Ajax's rarest lakefront opportunities! Located directly across from waterfront parkland and scenic walking trails, this exceptional 4+1 bedroom, 4-bathroom home offers breathtaking lake views and a rare blend of nature and city living. Enjoy frequent sightings of deer and wildlife right outside your door, while being minutes from all amenities. The beautifully renovated kitchen features quartz countertops, farmhouse sink, abundant cabinetry, 6-burner gas stove, and a massive centre island with seating for eight. A walkout leads to the backyard oasis, while the adjoining family room features a gas fireplace surrounded by custom cabinetry. The convenient mud room offers built-in appliances, ample storage, and a walkout to the pool. The spacious primary retreat showcases stunning lake views, a newly renovated 5-piece ensuite, and a walkout to a large private balcony with hot tub overlooking the water. The expansive upper hallway includes a study area and additional balcony access. The finished basement is perfect for entertaining, with a large sit-in bar, games area, lounge, 5th bedroom currently used as a gym, and 3-piece bath. Outside, enjoy professionally landscaped grounds, an in-ground pool, generous entertaining space, and a paved side-yard sports area. From relaxing in the hot tub overlooking the lake to entertaining poolside or strolling the waterfront trails, this exceptional home offers a truly unique lifestyle in one of Ajax's most sought-after locations.

Key facts

Property type
Detached, 2-Storey
MLS®
E13774146
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
85.43 × 82.06 ft
Cross streets
Audley and Bayly
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Board & Batten , Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$10,779 / 2025
Days on market
10
Listing brokerage
Royal LePage Our Neighbourhood Realty

Rooms

BathroomSecond2.29 × 3.11 m

double sink · overlooks pool · renovated

Dining RoomGround5.13 × 3.82 m

coffered ceiling(s) · hardwood floor

BathroomSecond3.09 × 2.63 m

5 pc ensuite · double sink · heated floor

Bedroom 4Second4.56 × 3.80 m

Double Closet

LaundryGround2.01 × 4.19 m

w/o to pool · w/o to garage

Powder RoomGround1.44 × 1.55 m

2 pc bath · porcelain floor

BathroomBasement2.48 × 1.93 m

3 Pc Bath

Family RoomGround4.56 × 4.18 m

gas fireplace · pot lights · hardwood floor

KitchenGround6.10 × 4.87 m

w/o to pool · centre island · quartz counter

Primary BedroomSecond5.82 × 4.88 m

overlook water · w/o to balcony · hot tub

Bedroom 5Basement3.92 × 3.82 m

Pot Lights

SittingBasement6.07 × 4.32 m

Pot Lights

Bedroom 3Second4.43 × 3.70 m

Double Closet

Living RoomGround4.56 × 4.18 m

overlook water · bay window · hardwood floor

StudySecond2.99 × 4.50 m

Overlook Water

RecreationBasement6.95 × 5.23 m

wet bar · pot lights

Bedroom 2Second4.16 × 3.84 m

Overlook Water

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.67Mlikely sale price

Listed at $1,699,000. 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 $1.67M, if it sells. A realistic range is $1.57M to $1.88M.

Independent value check: $1.40M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $1.31M and $1.47M).

Why $1.40M. 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 $10,779 a year; the typical home sold here pays about $6,400.
  • ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightly4+1 bedrooms and 4 baths, against 3+1 and 3 typically.
List price
$1.57MBelow recent closings$1.88MAbove recent closings

Total price vs nearby homes. Likely closing about $1.67M, 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
10days on market so far
$4,379/moest. rent · 11 leases
3.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 15 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 $618/sqft against an area asking average of $503/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 $1.31M. 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
  • 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
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully

Based on 31 comparable homes that sold in South East over the past two years, from 274 closings there.

What sellers nearby are askingCurrently listed nearby in South East · asking prices
$1.32Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.40M, which is where my estimate comes from.

Per square foot, these ask about $479/sqft; this home lists at $618/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.70MThis home1.29M1.56M1.39M1.40M949kThis 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.

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
$7,743/mo
$328KIncome needed
5.2×Price ÷ income
$1,787Weekly cost
$30,455Land 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.

90%mortgage
Mortgage $7,743Property tax $898Total carry $8,642

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)
$7,440per month

Mortgage amount $1,359,200 · 4.39% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$8,338Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,440
Property tax
$898
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,338

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

One-time closing costs

Ontario land transfer tax
$30,455
Estimated closing costs
$30,455

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$9,014/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

$872,773Total interest paid
$2,231,973Total of all payments
Principal $1,359,200 Interest $872,773
YearPrincipalInterestBalance
1$30,757$58,522$1,328,443
2$32,122$57,157$1,296,321
3$33,548$55,731$1,262,773
4$35,037$54,242$1,227,737
5$36,592$52,687$1,191,145
6$38,216$51,063$1,152,929
7$39,912$49,367$1,113,018
8$41,683$47,596$1,071,335
9$43,533$45,746$1,027,802
10$45,465$43,814$982,337
11$47,483$41,796$934,854
12$49,590$39,689$885,263
13$51,791$37,488$833,472
14$54,090$35,189$779,382
15$56,490$32,789$722,892
16$58,998$30,281$663,895
17$61,616$27,663$602,279
18$64,351$24,928$537,928
19$67,207$22,072$470,721
20$70,189$19,090$400,532
21$73,304$15,974$327,228
22$76,558$12,721$250,670
23$79,956$9,323$170,714
24$83,504$5,775$87,210
25$87,210$2,069$0

At the end of your 5-year term

Total paid over the term
$446,395
Principal paid down
$168,055
Interest paid
$278,340
Balance remaining
$1,191,145

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 11 whole-home leases in South East$4,379/mo
$52,548Gross annual rent
2.0%Cap rate after taxes and upkeep
$4,029 to $4,984Typical 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 11 whole-home leases in South East signed at a median of $4,204 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,379. 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.

3.1%
Gross yield
− Property tax $10,779− Insurance $1,400− Vacancy & upkeep $5,780Net operating income $34,589

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Our Neighbourhood Realty. MLS®/PropTx.

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