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Listed 10 days ago

5 Luce Drive

Northeast Ajax, Ajax

$1,250,000

Detached|2-Storey
4 | 5 | 4
About this home

"Beautifully Upgraded 4-Bedroom Detached Home with Double Garage & Finished Walk-Out Basement in Ajax!" Welcome to this beautifully upgraded and exceptionally well-maintained 4-bedroom detached home, ideally located in one of Ajax's desirable family-friendly neighborhoods. Featuring an impressive brick and stone exterior, a double-car garage, and a spacious, functional layout, this home offers the perfect combination of style, comfort, and versatility. The bright, open-concept main floor is filled with natural light from numerous windows and enhanced by pot lights throughout. The seamless layout connects the inviting living area, cozy family room, and spacious eat-in kitchen-perfect for both everyday family living and entertaining. Thoughtfully upgraded throughout, this home features a new kitchen, new flooring, renovated bathrooms, new appliances, and creating a modern and move-in-ready living space. The finished walk-out basement provides valuable additional living space with direct access to the backyard and excellent potential for an in-law suite, extended family living, or future rental income, subject to applicable municipal requirements. Conveniently located close to schools, parks, shopping, transit, major highways, and everyday amenities, this beautiful Ajax home offers space, upgrades, and exceptional potential for its next owner

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,987
Lot Size39.06 ft x 88.67 ft
mls© NumberE13824558
Listed ByCENTURY 21 LEADING EDGE REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,398
Property tax
$666
Heat allowance
$150
Housing costs
$7,214 / mo

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

Down payment20% · $250,000
25-yr amortization

Income needed

$222,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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