304-66 Falby Court, Ajax, ON

South East, Ajax · MLS® E13816412

$475,999
For Sale
Listed 23 days agoNo offer date stated
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2Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • This Beautifully Renovated 2 Bedroom Condo Checks All The Boxes.
  • 2 Bedroom, 2 Bath With Vinyl Flooring Throughout.
  • Large Primary Bedroom W 2PC Ensuite & Walk -Thru Closet .
  • Separate Full 4PC Bath , Touch Sensitive Dimmers Throughout, Pax Closet Systems In Hall And Secondary Bedroom, Front Hall Shoe Storage With Built In Bench & Zebra...
  • Located In Desirable South Ajax Close To Shopping , Schools , Parks, Hospital, Recreation Centres And More.

A Must See! This Beautifully Renovated 2 Bedroom Condo Checks All The Boxes. 2 Bedroom, 2 Bath With Vinyl Flooring Throughout. Updated Kitchen With Stainless Steel Samsung Matching Appliances, Quartz Countertops + Backsplash , Under Cabinet Lighting & RO Water Filtration System . Bright & Spacious Living/Dining Area With A Walk-Out To East Facing Balcony. Large Primary Bedroom W 2PC Ensuite & Walk -Thru Closet . Separate Full 4PC Bath , Touch Sensitive Dimmers Throughout, Pax Closet Systems In Hall And Secondary Bedroom, Front Hall Shoe Storage With Built In Bench & Zebra Blinds Throughout. Located In Desirable South Ajax Close To Shopping , Schools , Parks, Hospital, Recreation Centres And More. Don't Miss Out On This One!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13816412
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Harwood Ave S & Bayly St E
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$826/mo
Exposure
East
Property tax
$2,898 / 2025
Days on market
23
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 2Main4.46 × 2.67 m

b/i closet · vinyl floor · large window

FoyerMain3.26 × 1.86 m

vinyl floor · b/i closet

Primary BedroomMain4.46 × 3.80 m

2 pc bath · vinyl floor · double

Dining RoomMain3.36 × 2.45 m

vinyl floor · open concept · overlooks living

KitchenMain6.09 × 3.53 m

vinyl floor · w/o to balcony · open concept

Living RoomMain6.09 × 3.53 m

vinyl floor · w/o to balcony · open concept

Our TakeTeam Asgarian · Broker
Above what recent sales support
$427Kautomated estimate, from recent sales

Listed at $475,999, about 11% above our estimate of $427K (homes like it typically land between $397K and $449K).

Why $427K. The typical condo sold in South East over the past year went for about $420K (21 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$397KBelow our range$476KAbove our range

Total price vs nearby homes. Fair value about $427K, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
23days on market so far
$2,600/moest. rent · 8 leases
6.6%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $433/sqft against an area asking average of $447/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 and this building.

It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $442K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. 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 ($433/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 14 homes sold in this building over the past two years, from 41 closings in South East.

What sellers nearby are askingCurrently listed nearby in South East · asking prices
$500kavg 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 $430/sqft; this home lists at $433/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
476kThis home485k485k529kThis home vs active comparables

Sold price trend

Median sold price for condos in Ajax: $440K in September 2026, up 9% from a year ago, on 48 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Ajax as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$477K6
January 2026$375K5
March 2026$409K6
April 2026$440K7
May 2026$485K5
June 2026$420K5
July 2026$481K8
September 2026$440K6

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 West
$428K

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
$2,169/mo
$110KIncome needed
4.3×Price ÷ income
$501Weekly cost
$5,995Land 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.

67%mortgage
Mortgage $2,169Property tax $242Condo fee $826Total carry $3,237

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,106per month

Mortgage amount $380,799 · 4.49% over 25 years

$95,200Down payment (20.0%)
$380,799Loan before insurance
$0CMHC premium
$3,173Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,106
Property tax
$242
Condo / maintenance fees
$826
Heating
$0
Estimated monthly cost
$3,173

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

One-time closing costs

Ontario land transfer tax
$5,995
Estimated closing costs
$5,995

Plus your down payment of $95,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,548/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

$250,852Total interest paid
$631,651Total of all payments
Principal $380,799 Interest $250,852
YearPrincipalInterestBalance
1$8,498$16,768$372,301
2$8,884$16,382$363,418
3$9,287$15,979$354,131
4$9,709$15,557$344,422
5$10,149$15,117$334,273
6$10,610$14,656$323,662
7$11,092$14,174$312,570
8$11,596$13,670$300,975
9$12,122$13,144$288,852
10$12,673$12,593$276,180
11$13,248$12,018$262,932
12$13,849$11,417$249,082
13$14,478$10,788$234,604
14$15,136$10,130$219,468
15$15,823$9,443$203,645
16$16,541$8,725$187,104
17$17,292$7,974$169,812
18$18,077$7,189$151,734
19$18,898$6,368$132,836
20$19,756$5,510$113,080
21$20,653$4,613$92,426
22$21,591$3,675$70,835
23$22,571$2,695$48,264
24$23,596$1,670$24,668
25$24,668$598$0

At the end of your 5-year term

Total paid over the term
$126,330
Principal paid down
$46,527
Interest paid
$79,804
Balance remaining
$334,273

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$2,600/mo
$31,200Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,392 to $2,808Typical 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 $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,600. 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.

6.6%
Gross yield
− Property tax $2,898− Condo fees $9,915− Insurance $600− Vacancy & upkeep $3,432Net operating income $14,355

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

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