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Listed 7 days ago

40 Torr Lane

Central, Ajax

$709,900

Condo Townhouse |
3 | 3 | 2
About this home

MOVE-IN-READY! Stunning Coughlan-built turnkey condominium that shows 10/10 and includes windows, roof and cutting the lawn. Impeccably maintained and truly move-in ready, this home delivers the size, comfort, and convenience you've been searching for without the hassles of exterior maintenance. Enjoy direct underground parking access straight into your basement (a winter game-changer) plus two secure underground spots. Walk to Durham Centre, Costco, grocery stores, restaurants, shops, churches, and transit, with quick access to Highways 401, 412 & 407, GO Train and GO Bus. Location doesn't get better than this. Offering approx. 1,500 sq ft plus a fully finished basement, the bright kitchen features quartz counters, ample cabinetry, and a functional layout. The main floor includes hardwood flooring, a cozy gas fireplace, and a walkout to a beautifully landscaped backyard perfect for relaxing or entertaining. Upstairs, you'll find three generous bedrooms, including a spacious primary suite with a walk-in closet and an updated 3-piece ensuite. The finished lower level adds versatile living space with a custom built-in entertainment area, custom bar, fireplace and rough-in for an additional bathroom ideal for hosting. Move in and enjoy!

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$560
LockerNone
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$4,341
Lot Size x
mls© NumberE13615642
Listed ByRight At Home Realty

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%
$3,634
Property tax
$362
Heat allowance
$150
Condo fees, half counted
$280
Housing costs
$4,425 / mo

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

Down payment20% · $141,980
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$2,987 / mo
Cash down
$141,980

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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