104 Gates Crescent, Ajax, ON
South East, Ajax · MLS® E13776708
About this home
In short
- With a little TLC, this could be your dream home.
- This 3-Bedroom 3-Bath link home has all you need.
- (EQAO top 30%), Southwood Park P.S (French Immersion), St James C.S (EQAO top 35%).
- Minutes from 401, 412, Highway 7, 407, cottage country.
Diamond in the rough. With a little TLC, this could be your dream home. Located steps from Pickering Beach, trails, green space, hiking, community centers, in one of the most sought after communities in Durham. This 3-Bedroom 3-Bath link home has all you need! Large principle rooms will accommodate a growing family. Fireplace to enjoy peaceful family nights, or invite friends to entertain. Kids can play on a quiet crescent. Carruthers Creek P.S. (EQAO top 30%), Southwood Park P.S (French Immersion), St James C.S (EQAO top 35%). Minutes from 401, 412, Highway 7, 407, cottage country. City living with all its amenities but a country feel. The time is now. The market is ripe. Plan for the home you wish to raise your children in or downsize and retire comfortably with enough space to have the kids visit. Easy to maintain! Easy to afford!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13776708
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 31 × 98 ft
- Cross streets
- Bayly Street East & Pickering Beach Road
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private Double
- Basement
- Partial Basement
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,288 / 2026
- Days on market
- 9
- Listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Listed at $799,000. 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 $786K, if it sells. A realistic range is $737K to $886K.
Independent value check: $741K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $695K and $777K).
Why $741K. The typical detached home sold in South East over the past year went for about $874K (143 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,288 a year; the typical home sold here pays about $6,400.
Total price vs nearby homes. Likely closing about $786K, from 31 recent closings in this pocket.
The market behind the math:
About 1.7 months of inventory: 18 detached homes for sale in the area against 31 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $457/sqft against an area asking average of $510/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 $761K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- 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
Priced above comparable homes overall, but the price per square foot ($457/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 East, so I widened the search to the surrounding area.
Based on 31 comparable homes that sold in South East over the past two years, from 274 closings there.
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 $741K, which is where my estimate comes from.
Per square foot, these ask about $466/sqft; this home lists at $457/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
South East, 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 21, 2026); conventional rates run a little higher.
Mortgage amount $639,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,499
- Property tax
- $441
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,939
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,455
- Estimated closing costs
- $12,455
Plus your down payment of $159,800. 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
- $209,929
- Principal paid down
- $79,032
- Interest paid
- $130,897
- Balance remaining
- $560,168
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 27 whole-home leases in South East signed at a median of $3,643 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,751. 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 ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.