$969,000 - 10 Rotherglen Road, Ajax
Commercial for Sale in Ajax
Neighbourhood: Central West
- MLS Number
- E13610974
- Property Type
- Commercial
- Status
- active
- Days on Site
- 27
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,868 sqft
- Neighbourhood
- Ajax
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
ATTENTION INVESTORS & END-USERS! Rare opportunity to own a property in a prime Ajax location with confirmed VC3 (Village Commercial) zoning. This versatile property offers exceptional potential for a live/work setup, professional office, personal service business, retail use, or investment opportunity, subject to applicable zoning requirements.PROPERTY HIGHLIGHTS: 75 x 156 ft. Deep Lot - Spacious lot offering excellent flexibility and future potential. 4-Level Side-Split - Unique and functional multi-level design with generous living and working areas. Versatile Layout - Large living room and multiple levels provide potential to separate business operations from private living quarters. Large private driveway ideal for customers, clients, employees, or occupants. Prime Ajax Location - Excellent exposure and convenient access to Highway 401, Kingston Road, shopping, amenities, and public transit.CONFIRMED VC3 (VILLAGE COMMERCIAL) ZONING:The VC3 zoning provides the opportunity for a range of commercial uses, subject to applicable zoning provisions and municipal requirements. Potential opportunities include: Personal Service Establishment - salon, barber shop, wellness or personal care services Professional Office - accounting, consulting, real estate, legal, and other professional services Art Gallery / Studio - art gallery, creative studio, or custom framing. Retail Uses - select retail opportunities, subject to applicable regulations. IDEAL FOR END-USERS & INVESTORS:Business Owners: Operate your business from the property while potentially incorporating residential living space-all under one roof. Investors: A unique opportunity to capitalize on the property's confirmed commercial zoning, substantial lot size, parking capacity, and versatile layout. Explore the potential for multiple income streams.
Estimate your monthly payments for this property
Estimated Payment
$4,971.47/mo
Includes CMHC insurance ($27,035)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Central West
Central West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Central West
- •Convenient location in Ajax
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Central West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
10 Rotherglen Road, Ajax
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $519/sqft, this is priced in the upper range for GTA commercial — typical for prime locations or newer buildings. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 27-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Ajax transactions.