$698,000 - 199 Monarch Avenue, Ajax
Townhouse for Sale in Ajax
Popular ListingNeighbourhood: South West
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- MLS Number
- E13832358
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 8
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Ajax
- Lot Size
- 1,948 sqft
- Taxes (2026)
- $7,177
- Listing Brokerage
- CITYSCAPE REAL ESTATE LTD.
Freehold end-unit live-work townhome, two years new, with no monthly POTL or condo fees - 1,922 sq ft across three separate floors in the vibrant, newly built Hunters Crossing community. Versatile ground level: its own private entrance, its own 3-piece bathroom, and one flexible room that works as a home office, client space, guest suite, or legal third bedroom. Open main level: 9-ft ceilings, open-concept living and dining, a powder room, a kitchen with generous cabinetry walkout to your private terrace for morning coffee, dinner outdoors, or a break between meetings. Private upper level: primary and second bedrooms with a full 3-piece bathroom, set well away from the work and entertaining spaces. Lakeridge Health Ajax Pickering Hospital, Schools, Park and daily amenities within walking distance. Minutes to downtown Ajax, the lakefront, big-box shopping and dining. Ajax GO Station and Highway 401 close enough to make the commute the easy part of the day. Move-in ready. Book your showing.
Estimate your monthly payments for this property
Estimated Payment
$3,581.10/mo
Includes CMHC insurance ($19,474)
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 South West
South 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 South 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
South 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.
199 Monarch Avenue, Ajax
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $465/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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Ajax have shown strong appreciation as families seek more space.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About South West
I know South West 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 $2,908 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.