25 Tompkins Lane, Ajax, ON

South East, Ajax · MLS® E13791968

$549,900
For Sale
Listed 4 days agoNo offer date stated
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4Bedrooms
2Bathrooms
1Garage · 2 parking
1400-1599Sq ft

About this home

In short

  • Welcome to 25 Tompkins Lane, a spacious end-unit condo townhouse offering more than 1,400 sq. ft. of living space, 4 bedrooms and 2 bathrooms.
  • The partially finished basement provides additional flexible living space, while the attached garage adds everyday convenience.
  • Located in an established South Ajax community close to parks, schools, shopping, transit and the waterfront, with access to an outdoor pool and party room.

Welcome to 25 Tompkins Lane, a spacious end-unit condo townhouse offering more than 1,400 sq. ft. of living space, 4 bedrooms and 2 bathrooms. This bright and functional home features an updated kitchen, generous living and dining spaces, plus a walkout to a fully fenced backyard with no neighbours directly behind. The partially finished basement provides additional flexible living space, while the attached garage adds everyday convenience. Located in an established South Ajax community close to parks, schools, shopping, transit and the waterfront, with access to an outdoor pool and party room.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
E13791968
Bedrooms
4
Bathrooms
2 (1 half)
Size
1400-1599 sq ft
Cross streets
Harwood / Clover Ridge
Parking
1 garage · 2 parking (attached)
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Unknown
Roof
Asphalt Shingle
Maintenance
$594/mo
Exposure
North
Property tax
$3,848 / 2026
Days on market
4
Listing brokerage
Re/Max Impact Realty

Rooms

BedroomSecond4.06 × 3.45 m
RecreationBasement4.97 × 2.97 m
BathroomSecond2.69 × 1.60 m
Living RoomMain5.20 × 3.20 m
Primary BedroomSecond4.59 × 3.32 m
BedroomSecond4.24 × 2.89 m
KitchenMain4.67 × 2.28 m
BedroomSecond5.30 × 2.69 m
Dining RoomMain2.76 × 2.41 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$536Klikely closing

Listed at $549,900 with no offer date. Homes here have been closing close to ask, so my read is $536K, typically $524K to $532K. Comparable closings on their own put this home around $583K, which supports the ask, so this is a firm read.

List price
$524KBelow recent closings$550KAbove recent closings

Total price vs nearby homes. Likely closing about $536K, from 5 recent closings in this pocket.

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
4days on market so far
$3,107/moest. rent · 8 leases
6.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 5 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 $367/sqft against an area asking average of $501/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $593K. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in South East, so I widened the search to the surrounding area.

Based on 3 homes sold in this building over the past two years, plus 2 nearby in South East, from 42 closings in South East.

What sellers nearby are askingCurrently listed nearby in South East · asking prices
$597kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $583K, which is where my estimate comes from.

Per square foot, these ask about $489/sqft; this home lists at $367/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
550kThis home592k560k639kThis 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
$2,506/mo
$121KIncome needed
4.5×Price ÷ income
$578Weekly cost
$7,473Land 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.

73%mortgage
Mortgage $2,506Property tax $321Condo fee $594Total carry $3,421

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)
$2,408per month

Mortgage amount $439,920 · 4.39% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$3,323Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,408
Property tax
$321
Condo / maintenance fees
$594
Heating
$0
Estimated monthly cost
$3,323

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

One-time closing costs

Ontario land transfer tax
$7,473
Estimated closing costs
$7,473

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,917/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

$282,483Total interest paid
$722,403Total of all payments
Principal $439,920 Interest $282,483
YearPrincipalInterestBalance
1$9,955$18,941$429,965
2$10,397$18,499$419,568
3$10,858$18,038$408,710
4$11,340$17,556$397,370
5$11,843$17,053$385,527
6$12,369$16,527$373,158
7$12,918$15,978$360,240
8$13,491$15,405$346,749
9$14,090$14,806$332,659
10$14,715$14,181$317,944
11$15,368$13,528$302,576
12$16,050$12,846$286,525
13$16,763$12,133$269,762
14$17,507$11,389$252,256
15$18,284$10,612$233,972
16$19,095$9,801$214,877
17$19,943$8,953$194,934
18$20,828$8,068$174,106
19$21,752$7,144$152,354
20$22,718$6,179$129,637
21$23,726$5,170$105,911
22$24,779$4,117$81,132
23$25,879$3,018$55,254
24$27,027$1,869$28,227
25$28,227$670$0

At the end of your 5-year term

Total paid over the term
$144,481
Principal paid down
$54,393
Interest paid
$90,088
Balance remaining
$385,527

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 8 whole-home leases in South East$3,107/mo
$37,284Gross annual rent
3.9%Cap rate after taxes and upkeep
$2,858 to $3,374Typical 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 8 whole-home leases in South East signed at a median of $2,852 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,107. 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.

6.8%
Gross yield
− Property tax $3,848− Condo fees $7,127− Insurance $600− Vacancy & upkeep $4,101Net operating income $21,608

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Re/Max Impact Realty. MLS®/PropTx.

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