308-44 Falby Court, Ajax, ON
South East, Ajax · MLS® E14084572
About this home
In short
- Welcome to this bright and spacious 3-bedroom, 2-full-bathroom condo on the 3rd floor of a well-established Ajax building.
- Ready for some TLC and updating, this condo is ideal for first-time buyers, downsizers or anyone eager to put their own stamp on this this space.
- Enjoy the convenience of maintenance fees that include heat, hydro, water, cable and internet, plus fantastic amenities: outdoor pool, tennis courts, fitness centre...
- Minutes to shopping, restaurants, schools, parks, transit, Ajax GO, Highway 401 and waterfront trails.
Spacious Living. Incredible Potential. Exceptional Value! Welcome to this bright and spacious 3-bedroom, 2-full-bathroom condo on the 3rd floor of a well-established Ajax building. Featuring one parking space and generous principal rooms, this suite offers an exciting opportunity to renovate and make it your own. Large windows fill the living and dining areas with natural light, while the private balcony is the perfect spot for morning coffee or relaxing with the view. The practical layout includes insuite laundry with a full size washer and dryer, ample closets. Ready for some TLC and updating, this condo is ideal for first-time buyers, downsizers or anyone eager to put their own stamp on this this space. Enjoy the convenience of maintenance fees that include heat, hydro, water, cable and internet, plus fantastic amenities: outdoor pool, tennis courts, fitness centre, sauna, games room, library, workshop and underground car wash. Minutes to shopping, restaurants, schools, parks, transit, Ajax GO, Highway 401 and waterfront trails. A great location, impressive amenities and room to add your personal touch.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E14084572
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1400-1599 sq ft
- Cross streets
- Falby Crt and Harwood
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,130/mo
- Exposure
- West
- Property tax
- $3,085 / 2025
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
laminate · l-shaped room · w/o to balcony
3 Pc Ensuite
laminate · l-shaped room
Listed at $499,000, about 7% above our estimate of $466K (homes like it typically land between $433K and $490K).
Why $466K. The typical condo sold in South East over the past year went for about $420K (21 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 1,400 to 1,599 sq ft; the typical home sold here is 1,000 to 1,199.
- ▲ Raises it slightly3 bedrooms and 2 baths, against 2 and 2 typically.
Total price vs nearby homes. Fair value about $466K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $333/sqft against an area asking average of $445/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 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $461K. 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.
- 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
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($333/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 24 homes sold in this building over the past two years, from 41 closings in South East.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $466K, which is where my estimate comes from.
Per square foot, these ask about $431/sqft; this home lists at $333/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $477K | 6 |
| January 2026 | $375K | 5 |
| March 2026 | $409K | 6 |
| April 2026 | $440K | 7 |
| May 2026 | $485K | 5 |
| June 2026 | $420K | 5 |
| July 2026 | $481K | 8 |
| September 2026 | $440K | 6 |
Neighbourhood & 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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $399,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,207
- Property tax
- $257
- Condo / maintenance fees
- $1,130
- Heating
- $0
- Estimated monthly cost
- $3,594
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,455
- Estimated closing costs
- $6,455
Plus your down payment of $99,800. 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
- $132,435
- Principal paid down
- $48,775
- Interest paid
- $83,660
- Balance remaining
- $350,425
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 5 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 $3,236. 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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.