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Central West, Ajax
$1,100,000
ATTENTION INVESTORS & END-USERS! A rare and remarkable opportunity awaits at this premium Ajax location. This unique property combines classic residential comfort with rare Village Commercial (VC3) zoning, making it the ultimate live/work setup or a high-yielding addition to any investment portfolio.PROPERTY HIGHLIGHTS: The Lot & Structure: Sprawling 4-level side-split architectural design sitting on a massive, deep 75 x 156-foot lot. The Layout: Highly functional multi-level floor plan featuring a spectacular living room, perfect for separating business operations from private living quarters. Parking & Access: Large private driveway accommodating a total of 6 parking spaces, ideal for customer traffic or multi-tenant use. Prime Location: Situated in a high-demand pocket with excellent exposure. Just minutes to Highway 401, Kingston Road, shopping, and local transit.THE UNMATCHED VC3 ZONING ADVANTAGE:This specific commercial zoning permits a wide range of low-intensity business operations directly out of the property, including: Personal Service Shop: High-end hair salon, medical spa, barbershop, or wellness clinic. Professional Office: Boutique law firm, accounting practice, real estate agency, or consulting suite. Art Gallery: Creative studio, fine art gallery, or custom framing storefront. Retail Store(some restrictions).THE INVESTMENT STRATEGY: End-Users: Stop paying expensive commercial leases. Build massive equity by running your business and living under one roof. Investors: Maximize your return on investment (ROI) by capitalizing on dual rental streams from two separate tenants.
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| Type | Detached |
| Style | Sidesplit 4 |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,028 |
| Lot Size | 156 ft x 75 ft |
| mls© Number | E13606814 |
| Listed By | RE/MAX REALTRON REALTY INC. |
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%
- $5,630
- Property tax
- $669
- Heat allowance
- $150
- Housing costs
- $6,449 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$198,000
gross annual household income
- Payment at 4%
- $4,629 / mo
- Cash down
- $220,000
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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