117 Rands Road
South West, Ajax
$799,000
TWO-UNIT Home Situated On A Premium Corner Lot, This Spacious 4+1 Bedroom Home Offers Incredible Flexibility For Families, Multi-Generational Living, Or Investors. Potential Rental Income Of Approx. $4,800/Month! Featuring A Rare 2-Storey Above-Grade Addition Ideal As An In-Law Suite Or Rental Opportunity With Separate Entrance, Kitchen, Living Area, Bedroom & 4-Piece Bath.The Main Home Features An Updated Kitchen With Walk-Out To A Fully Fenced Backyard, Perfect For Entertaining, Plus A Formal Dining Room Open To A Bright Living Space Filled With Natural Light. Recent Upgrades Include Updated Washrooms, New Stove, Washer & Dryer, Heat Pump, Bedroom Flooring, Renovated Basement Bath & Insulated Garage. Finished Basement Includes Additional Living Space, Storage & Home Office Potential.Conveniently Located Close To Hwy 401, Ajax Waterfront Trails, Schools, Parks, Shopping & Restaurants. A Rare Opportunity With Endless Possibilities - A Home You Truly Need To See In Person!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,729 |
| Lot Size | 100 ft x 49.5 ft |
| mls© Number | E13540430 |
| Listed By | RIGHT AT HOME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,090
- Property tax
- $477
- Heat allowance
- $150
- Housing costs
- $4,717 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$145,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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