73 Marjoram Drive, Ajax, ON

South East, Ajax · MLS® E13811822

$749,000
For Sale
Just listed todayNo offer date stated
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Stunning Home For Those With Exquisite Taste.
  • Open Concept, 9' Ceilings & Hardwood Flooring T/O Main Floor And The Second Floor, 10.5' Ceiling And Hardwood Flooring In Family Room.
  • Close To All Amenities: Shopping, Transit, Highway, Etc.

Stunning Home For Those With Exquisite Taste. Open Concept, 9' Ceilings & Hardwood Flooring T/O Main Floor And The Second Floor, 10.5' Ceiling And Hardwood Flooring In Family Room. Garage Door Entry, Family Size Kitchen, Large Foyer To Welcome You Home, And Deck To Entertain. You Will Not Be Disappointed. Ready To Move In. Close To All Amenities: Shopping, Transit, Highway, Etc.

Key facts

Property type
Detached, 2-Storey
MLS®
E13811822
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
29.53 × 100.07 ft
Cross streets
Bayly / Shoal Point
Parking
1 garage · 3 parking (attached)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,034 / 2026
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

Bedroom 2Second3.83 × 2.92 m

broadloom · window · closet

Living RoomMain4.73 × 3.45 m

hardwood floor · pot lights · crown moulding

Primary BedroomSecond4.86 × 3.58 m

broadloom · 4 pc ensuite · walk-in closet(s)

BreakfastMain3.36 × 2.76 m

ceramic floor · family size kitchen · w/o to deck

KitchenMain4.43 × 3.05 m

ceramic floor · breakfast area · centre island

Family RoomSecond4.32 × 3.54 m

hardwood floor · fireplace

Dining RoomMain3.02 × 2.86 m

hardwood floor · coffered ceiling(s) · french doors

Bedroom 3Second3.09 × 2.88 m

broadloom · window · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$737Klikely sale price

Listed at $749,000. 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 $737K, if it sells. A realistic range is $691K to $831K.

Independent value check: $691K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $647K and $724K).

Why $691K. 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 $4,034 a year; the typical home sold here pays about $6,400.
List price
$691KBelow recent closings$831KAbove recent closings

Total price vs nearby homes. Likely closing about $737K, 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
$3,304/moest. rent · 28 leases
5.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 13 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 $428/sqft against an area asking average of $513/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 $636K. 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • 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

Priced above comparable homes overall, but the price per square foot ($428/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 273 closings there.

What sellers nearby are askingCurrently listed nearby in South East · asking prices
$1.01Mavg 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 $691K, which is where my estimate comes from.

Per square foot, these ask about $481/sqft; this home lists at $428/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
749kThis home750k1.05M1.23MThis 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
$3,414/mo
$144KIncome needed
5.2×Price ÷ income
$788Weekly cost
$11,455Land 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.

91%mortgage
Mortgage $3,414Property tax $336Total carry $3,750

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)
$3,280per month

Mortgage amount $599,200 · 4.39% over 25 years

$149,800Down payment (20.0%)
$599,200Loan before insurance
$0CMHC premium
$3,616Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,280
Property tax
$336
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,616

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

One-time closing costs

Ontario land transfer tax
$11,455
Estimated closing costs
$11,455

Plus your down payment of $149,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,974/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

$384,760Total interest paid
$983,960Total of all payments
Principal $599,200 Interest $384,760
YearPrincipalInterestBalance
1$13,559$25,799$585,641
2$14,161$25,197$571,480
3$14,789$24,569$556,690
4$15,446$23,913$541,245
5$16,131$23,227$525,113
6$16,847$22,511$508,266
7$17,595$21,763$490,671
8$18,376$20,983$472,295
9$19,191$20,167$453,104
10$20,043$19,315$433,061
11$20,933$18,426$412,128
12$21,862$17,497$390,266
13$22,832$16,526$367,434
14$23,845$15,513$343,589
15$24,904$14,455$318,685
16$26,009$13,349$292,676
17$27,163$12,195$265,513
18$28,369$10,990$237,144
19$29,628$9,731$207,516
20$30,943$8,416$176,574
21$32,316$7,042$144,258
22$33,750$5,608$110,507
23$35,248$4,110$75,259
24$36,813$2,546$38,446
25$38,446$912$0

At the end of your 5-year term

Total paid over the term
$196,792
Principal paid down
$74,087
Interest paid
$122,705
Balance remaining
$525,113

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 28 whole-home leases in South East$3,304/mo
$39,648Gross annual rent
4.0%Cap rate after taxes and upkeep
$3,051 to $3,848Typical 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 28 whole-home leases in South East signed at a median of $3,590 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,304. 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 $4,034− Insurance $1,400− Vacancy & upkeep $4,361Net operating income $29,852

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

CallRequest a showing