136 Reed Drive, Ajax

Price: $769,800

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13699798

Welcome to this loving and well-maintained home in Central, Ajax. Move-in ready and ideal for young families seeking a safe, established, and family-focused neighbourhood. This bright residence features 3 bedrooms, 2 bathrooms, and a spacious living and dining area that flows into a wraparound kitchen. Pot lights throughout each floor. Upstairs you will find a spacious primary bedroom with ensuite bathroom and closet. Secondary and third bedrooms are perfect for a guest room or office. The fully finished basement offers smart lighting, potential office or recreational space, a large laundry/storage room and additional cold storage. The highlight includes the option to own a modern and fully immersive home theatre system. Whether it is watching your favourite tv show, movie or browsing YouTube, experience stunning cinema quality on a large projection screen with high quality surround sound. Outside a spacious deck spans the backyard, providing plenty of room for a gas BBQ, and gazebo, ideal for relaxing or hosting family and friends. Additional storage shed gives quick access to seasonal equipment and tools. Located for convenience, this home offers quick access to Highway 401, Ajax GO Station, Costco, Walmart, Canadian Tire, restaurants, cafés, public schools, parks, and more! Inspection report recently completed for ease of mind.

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active
New Listing
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$769,800 - 136 Reed Drive, Ajax

Detached for Sale in Ajax

New — Listed 2 days ago

Neighbourhood: Central

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13699798
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Ajax
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Welcome to this loving and well-maintained home in Central, Ajax. Move-in ready and ideal for young families seeking a safe, established, and family-focused neighbourhood. This bright residence features 3 bedrooms, 2 bathrooms, and a spacious living and dining area that flows into a wraparound kitchen. Pot lights throughout each floor. Upstairs you will find a spacious primary bedroom with ensuite bathroom and closet. Secondary and third bedrooms are perfect for a guest room or office. The fully finished basement offers smart lighting, potential office or recreational space, a large laundry/storage room and additional cold storage. The highlight includes the option to own a modern and fully immersive home theatre system. Whether it is watching your favourite tv show, movie or browsing YouTube, experience stunning cinema quality on a large projection screen with high quality surround sound. Outside a spacious deck spans the backyard, providing plenty of room for a gas BBQ, and gazebo, ideal for relaxing or hosting family and friends. Additional storage shed gives quick access to seasonal equipment and tools. Located for convenience, this home offers quick access to Highway 401, Ajax GO Station, Costco, Walmart, Canadian Tire, restaurants, cafés, public schools, parks, and more! Inspection report recently completed for ease of mind.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,949.47/mo

Includes CMHC insurance ($21,477)

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5-yr fixed avg.

Principal: $692,820Interest: $470,544
Mortgage Amount$714,297
Total Interest$470,544
Est. Property Tax$545/mo
Total Cost$1,184,842

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.

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Neighbourhood Guide: Central

Discover Central

Central 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

  • Convenient location in Ajax
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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 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.

70
Walk Score
Varies
Price Range

136 Reed Drive, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$545
Insurance (est.)-$160
Net Cash Flow+$2,095

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $700/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Ajax's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Ajax are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Central

I know Central well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Ajax properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    136 Reed Drive, Ajax | $769,800 | Battaglia Team