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Listed 8 days ago

7 Torr Lane

Central, Ajax

$719,900

Condo Townhouse |
3 | 4 | 2
About this home

Welcome to this beautiful Coughlan built condominium townhouse. The home has 2214 sqft of usable space and is in one of Ajax's most sought-after communities! Offering the perfect blend of space, comfort, and convenience, this bright open-concept home is ideal for families, professionals, first-time buyers, and downsizers alike. Location is everything! Situated in a highly desirable neighbourhood just minutes from **Highway 401**, this home is surrounded by every convenience imaginable. Walk or drive to **Costco, Walmart, Home Depot, Canadian Tire, grocery stores, restaurants, cafés, banks, fitness centres, and an incredible selection of brand-name retailers**, making daily errands quick and convenient. The spacious open concept main floor with walk-out to Patio, is perfect for everyday living and entertaining, while the exceptionally large primary bedroom-rarely found in condominium townhomes-provides a relaxing retreat. The finished basement (2024) offers outstanding flexibility with a **4th bedroom and spacious recreation room with direct access from the underground garage**, this basement provides excellent privacy and offers exciting potential for a rental suite for extra income to support your mortgage. Enjoy the convenience of **2 underground parking spaces located right beside the unit**, making daily living effortless in every season. Experience truly maintenance-free living! The maintenance fee covers **windows (2021), doors, roof, lawn maintenance, snow and garbage removal, common elements.**, giving you peace of mind and eliminating the worry of costly exterior repairs or winter maintenance. Combining an unbeatable location, spacious layout, versatile lower level with rental potential, and carefree lifestyle, this move-in-ready home is a rare opportunity which does not come about often.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
Style3-Storey
Approx. Age16-30
Size1800-1999 sq. ft.
Maintenance Fees$689
LockerNone
BalconyTerrace
ExposureNorth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$4,832
Lot Size x
mls© NumberE13614218
Listed ByRE/MAX REALTRON REALTY INC.

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%
$3,685
Property tax
$403
Heat allowance
$150
Condo fees, half counted
$345
Housing costs
$4,582 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $143,980
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,029 / mo
Cash down
$143,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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