112 Deacon Lane, Ajax, ON

South East, Ajax · MLS® E13776790

$592,000
For Sale
Listed 8 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
1Garage · 3 parking
1200-1399Sq ft

About this home

In short

  • Rare Spacious End Unit In A Quiet, Family-Friendly South Ajax Community.
  • Bright Open-Concept Living & Dining With Pot Lights And Walkout To A Large Fully Fenced Backyard & Patio.
  • Features 3 Generous Bedrooms, 2 Bathrooms Plus Finished Basement With Additional Bedroom, Bathroom & Large Recreation Area.
  • Maintenance Includes Water, Internet/Wi-Fi, Cable TV With TV Box & Channels, Garbage Pickup, 1 Car Garage Door & 1 Exclusive Outdoor Parking Space, Recently...

Rare Spacious End Unit In A Quiet, Family-Friendly South Ajax Community! Bright Open-Concept Living & Dining With Pot Lights And Walkout To A Large Fully Fenced Backyard & Patio. Features 3 Generous Bedrooms, 2 Bathrooms Plus Finished Basement With Additional Bedroom, Bathroom & Large Recreation Area. Central HVAC Heating & Cooling With Wi-Fi Smart Control, Plus Wi-Fi Controlled Pot Lights & Front Door Access. Recently Purchased Stove, Fridge, Microwave, Dishwasher & Freezer Included. Convenient End-Unit Walk-Through Provides Direct Pedestrian Access Toward Harwood Ave. & Westney Rd. Walking Distance To Ajax Waterfront, Lake Ontario, Trails & Parks, Across The Street To Sobeys, Rexall, Pizza Pizza, Dollar Tree, Shopping & Transit. Maintenance Includes Water, Internet/Wi-Fi, Cable TV With TV Box & Channels, Garbage Pickup, 1 Car Garage Door & 1 Exclusive Outdoor Parking Space, Recently Resurfaced Corporation-Maintained Parking Area, Fence, Garage Roof & Door Maintenance, Plus Weekly Front & Backyard Upkeep. Visitor Parking Conveniently Located In Front. Fantastic Move-In Ready South Ajax Family Home

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
E13776790
Bedrooms
3+1 (4 total)
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Harwood & Dryer
Parking
1 garage · 3 parking (attached)
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$595/mo
Exposure
North East
Property tax
$3,246 / 2025
Days on market
8
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

KitchenMain5.50 × 4.33 m
Living RoomMain14.76 × 14.21 m

laminate · walk-out · combined w/dining

Our TakeTeam Asgarian · Broker
Above what recent sales support
$538Kautomated estimate, from recent sales

Listed at $592,000. Recent sales of homes like it put this one around $538K, so the ask is about 10% above what similar homes have sold for.

If it sells at this ask, expect about $577K, typically $564K to $572K: that is where homes here have closed against their asks in the last 90 days (5 closings).

List price
$501KBelow recent closings$592KAbove recent closings

Total price vs nearby homes. Fair value about $538K, learned from recent GTA sales.

The market behind the math:

5sold nearby · 90 days
$560Kmedian sold price
97%of asking, on average
−13%prices vs a year ago
~29 dayshomes like this take to sell
8days on market so far
$2,599/moest. rent · 11 leases
5.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.2 months of inventory: 7 condo townhouse homes for sale in the area against 5 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 $456/sqft against an area asking average of $467/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 41 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $529K. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($456/sqft) is in line with 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 41 comparable homes that sold in South East over the past two years, from 42 closings there.

What sellers nearby are askingCurrently listed nearby in South East · asking prices
$583kavg 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 $460/sqft; this home lists at $456/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
592kThis home560k550k639kThis 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
$646K

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
$2,698/mo
$126KIncome needed
4.7×Price ÷ income
$623Weekly cost
$8,315Land 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.

76%mortgage
Mortgage $2,698Property tax $271Condo fee $595Total carry $3,564

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,592per month

Mortgage amount $473,600 · 4.39% over 25 years

$118,400Down payment (20.0%)
$473,600Loan before insurance
$0CMHC premium
$3,458Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,592
Property tax
$271
Condo / maintenance fees
$595
Heating
$0
Estimated monthly cost
$3,458

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

One-time closing costs

Ontario land transfer tax
$8,315
Estimated closing costs
$8,315

Plus your down payment of $118,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,141/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

$304,109Total interest paid
$777,709Total of all payments
Principal $473,600 Interest $304,109
YearPrincipalInterestBalance
1$10,717$20,391$462,883
2$11,193$19,916$451,690
3$11,689$19,419$440,001
4$12,208$18,900$427,793
5$12,750$18,358$415,043
6$13,316$17,793$401,727
7$13,907$17,202$387,820
8$14,524$16,584$373,296
9$15,169$15,940$358,127
10$15,842$15,267$342,286
11$16,545$14,563$325,741
12$17,279$13,829$308,461
13$18,046$13,062$290,415
14$18,847$12,261$271,568
15$19,684$11,425$251,885
16$20,557$10,551$231,328
17$21,469$9,639$209,858
18$22,422$8,686$187,436
19$23,417$7,691$164,018
20$24,457$6,652$139,562
21$25,542$5,566$114,019
22$26,676$4,433$87,344
23$27,860$3,249$59,484
24$29,096$2,012$30,388
25$30,388$721$0

At the end of your 5-year term

Total paid over the term
$155,542
Principal paid down
$58,557
Interest paid
$96,985
Balance remaining
$415,043

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$2,599/mo
$31,188Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,391 to $2,918Typical rent range

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 $2,812 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,599. 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.

5.3%
Gross yield
− Property tax $3,246− Condo fees $7,140− Insurance $600− Vacancy & upkeep $3,431Net operating income $16,771

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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