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Central East, Ajax
$1,468,800
Welcome to 5 Southam Street - a stunning modern detached home in one of Ajax's most sought-after family-friendly neighborhoods. This beautifully upgraded 2-storey and loft residence offers exceptional value with premium finishes throughout, including pot lights on the main floor, 9 Ft Ceiling, smooth ceilings, hardwood flooring throughout, quartz countertops, two chef-inspired pantries, and a spectacular island kitchen perfect for entertaining and everyday living. Featuring 5 spacious bedrooms and a functional open-concept layout, this sun-filled home is enhanced by oversized windows that create a bright and inviting atmosphere throughout. The luxurious primary retreat boasts a walk-in closet and spa-like 5-piece ensuite. Adding incredible versatility and income potential is the city-approved legal 3-bedroom basement apartment with a separate entrance, Engross windows, Kitchen complete with quartz countertops and its own stainless appliances. THIS PROPETY OFFERS LEGAL BASEMENT! All three basement bedrooms include walk-in closets, making it ideal for extended family or rental income opportunities. The basement is fully insulated with Rockwool insulation in the ceilings and walls, plus DMX insulation beneath the flooring for enhanced comfort, soundproofing, and energy efficiency. Step outside to a large privately fenced backyard perfect for entertaining and family gatherings. Enjoy the convenience of a no-sidewalk driveway and attached 2-car garage offering ample parking. Additional upgrades include newer shingles completed in 2022.Located in an exceptional community with great schools and friendly neighbours, this home is minutes from Durham Centre featuring Costco, Walmart, Canadian Tire, Home Depot, Home Sense, restaurants, movie theatre, and quick access to Highways 401 & 412. Enjoy the added benefit of a horse racing track within walking distance. Rarely offered and move-in ready - this is the one you've been waiting for. Welcome home.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 3000-3500 sq. ft. |
| Property Tax | $9,112 |
| Lot Size | 42.07 ft x 89.17 ft |
| mls© Number | E13120738 |
| Listed By | LOYALTY REAL ESTATE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,518
- Property tax
- $759
- Heat allowance
- $150
- Housing costs
- $8,427 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$259,000
gross annual household income
- Payment at 4%
- $6,181 / mo
- Cash down
- $293,760
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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