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Listed 10 days ago

72 Warwick Avenue

South East, Ajax

$1,249,900

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

AMAZING 5-BEDROOM FAMILY HOME WITH LEGAL WALKOUT BASEMENT APARTMENT IN SOUGHT-AFTER SOUTH AJAX! Welcome to 72 Warwick Avenue, an exceptional family home situated on a premium pie-shaped lot, backing onto a beautiful conservation area and adjacent to a park. Offering approximately 3,000 sq. ft. of above-grade living space, this spacious home combines an outstanding location, versatile floor plan and incredible income potential. Featuring 4+1 spacious bedrooms above grade, including the versatile Fifth room that can serve as a second-floor family room or a bedroom, this home offers the flexibility today's growing and multigenerational families are looking for. A convenient main-floor office provides additional space for working from home. The spacious main level offers comfortable living and entertaining areas, while the second floor provides generous accommodations and convenient upper-level laundry. The legal walkout basement apartment, complete with an additional bedroom and separate laundry room offers excellent potential for rental income, extended family or multigenerational living. Step outside to your private backyard oasis, where the premium pie-shaped lot backs onto conservation land, with a park conveniently located beside the property. Enjoy exceptional privacy, beautiful natural surroundings and plenty of outdoor space. Located in desirable South Ajax, close to the waterfront, scenic trails, parks, schools, shopping and convenient commuter routes.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$10,200
Lot Size42.27 ft x 114 ft
mls© NumberE13828096
Listed ByREMAX CONNECT REALTY

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
$850
Heat allowance
$150
Housing costs
$7,398 / mo

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

Down payment20% · $249,980
25-yr amortization

Income needed

$228,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$249,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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