20 Burcher Road, Ajax, ON

South East, Ajax · MLS® E13785322

$679,000
For Sale
Listed 6 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
3Parking
700-1100Sq ft

About this home

In short

  • CONDO OR TOWNHOUSE ALTERNATIVE.
  • 1.5-storey on a rare, oversized pie-shaped lot.
  • Updated from top to bottom in 2018, this carpet free home with engineered hardwood floors delivers modern style with timeless charm.
  • Outside is a massive PRIVATE backyard oasis with endless potential for outdoor living, play, or future expansion.
  • Note: This property is also zoned to allow Additional Dwelling Unit (check with Town of Ajax for parameters) i.e. addition, garage, garden suite, apartment

CONDO OR TOWNHOUSE ALTERNATIVE! You found the perfect space! 1.5-storey on a rare, oversized pie-shaped lot! Updated from top to bottom in 2018, this carpet free home with engineered hardwood floors delivers modern style with timeless charm. The open-concept main floor is bright, airy, and perfect for entertaining, featuring a sleek kitchen with quartz counters, a huge family room plus a separate dining room with French door walkout to 16x15FT deck! Upstairs offers two cozy bedrooms and a convenient 2-piece bath, while the finished basement adds incredible versatility with an additional bedroom, finished storage or bonus room and a 3-piece washroom-ideal for guests, a home office or a roomate! Outside is a massive PRIVATE backyard oasis with endless potential for outdoor living, play, or future expansion. Located steps to schools, shopping, and minutes to highway and Go Train, this is the perfect blend of style, space, and convenience. Don't miss it! Note: This property is also zoned to allow Additional Dwelling Unit (check with Town of Ajax for parameters) i.e. addition, garage, garden suite, apartment

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
E13785322
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
700-1100 sq ft
Lot
80 × 152.6 ft
Cross streets
Bayly/Burcher
Parking
3 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,496 / 2026
Days on market
6
Listing brokerage
RE/MAX ROUGE RIVER REALTY LTD.

Rooms

KitchenMain3.44 × 2.44 m

open concept · quartz counter · led lighting

Bedroom 2Second3.68 × 2.83 m
OtherLower4.94 × 2.25 m

3 Pc Bath

Dining RoomMain3.53 × 2.80 m

french doors · led lighting · w/o to deck

Living RoomMain4.27 × 4.27 m

picture window · led lighting · open concept

Bedroom 3Lower4.48 × 3.17 m
OtherLower3.35 × 2.17 m
Primary BedroomSecond3.08 × 2.77 m

His and Hers Closets

Our TakeTeam Asgarian · Broker
A small discount is typical
$668Klikely sale price

Listed at $679,000. 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 $668K, if it sells. A realistic range is $626K to $753K.

Independent value check: $711K. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $666K and $745K).

Why $711K. 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 $5,496 a year; the typical home sold here pays about $6,400.
  • ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly2+1 bedrooms and 3 baths, against 3+1 and 3 typically.
List price
$626KBelow recent closings$753KAbove recent closings

Total price vs nearby homes. Likely closing about $668K, 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
6days on market so far
$2,550/moest. rent · 15 leases
4.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 17 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 $754/sqft against an area asking average of $645/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 $727K. 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
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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.

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 273 closings there.

What sellers nearby are askingCurrently listed nearby in South East · asking prices
$770kavg 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 $711K, which is where my estimate comes from.

Per square foot, these ask about $855/sqft; this home lists at $754/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
679kThis home599k599k800k1.00M850kThis 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
$845K
Central East
$994K
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
$3,095/mo
$137KIncome needed
5.0×Price ÷ income
$714Weekly cost
$10,055Land 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.

87%mortgage
Mortgage $3,095Property tax $458Total carry $3,553

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)
$2,973per month

Mortgage amount $543,200 · 4.39% over 25 years

$135,800Down payment (20.0%)
$543,200Loan before insurance
$0CMHC premium
$3,431Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,973
Property tax
$458
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,431

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

One-time closing costs

Ontario land transfer tax
$10,055
Estimated closing costs
$10,055

Plus your down payment of $135,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,602/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

$348,801Total interest paid
$892,001Total of all payments
Principal $543,200 Interest $348,801
YearPrincipalInterestBalance
1$12,292$23,388$530,908
2$12,837$22,843$518,071
3$13,407$22,273$504,663
4$14,002$21,678$490,661
5$14,624$21,056$476,037
6$15,273$20,407$460,765
7$15,951$19,729$444,814
8$16,658$19,022$428,156
9$17,398$18,282$410,758
10$18,170$17,510$392,588
11$18,976$16,704$373,611
12$19,819$15,861$353,793
13$20,698$14,982$333,095
14$21,617$14,063$311,478
15$22,576$13,104$288,902
16$23,578$12,102$265,323
17$24,625$11,055$240,699
18$25,717$9,963$214,981
19$26,859$8,821$188,122
20$28,051$7,629$160,071
21$29,296$6,384$130,776
22$30,596$5,084$100,179
23$31,954$3,726$68,225
24$33,372$2,308$34,853
25$34,853$827$0

At the end of your 5-year term

Total paid over the term
$178,400
Principal paid down
$67,163
Interest paid
$111,238
Balance remaining
$476,037

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 15 whole-home leases in South East$2,550/mo
$30,600Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,318 to $3,391Typical 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 15 whole-home leases in South East signed at a median of $2,700 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,550. 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.

4.5%
Gross yield
− Property tax $5,496− Insurance $1,400− Vacancy & upkeep $3,366Net operating income $20,338

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

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