25 Tompkins Lane, Ajax, ON
South East, Ajax · MLS® E13791968
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
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.
Total price vs nearby homes. Likely closing about $536K, from 5 recent closings in this pocket.
The market behind the math:
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.
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.
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 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 18, 2026); conventional rates run a little higher.
Mortgage amount $439,920 · 4.39% over 25 years
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
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
- $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.
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 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Re/Max Impact Realty. MLS®/PropTx.


