$719,900 - 40 Torr Lane, Ajax
Condo for Sale in Ajax
Popular ListingNeighbourhood: Central
- MLS Number
- E13483492
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Ajax
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- Right At Home Realty
Beautifully maintained 3-bedroom, 3-bathroom townhome in a highly sought-after Central Ajax community. Offering approx. 1,500 sq ft plus a fully finished basement, this home delivers exceptional space, comfort, and style. The bright kitchen features quartz countertops, ample cabinetry, and a functional layout. The main floor includes hardwood flooring, a cozy gas fireplace, and a walkout to a beautifully landscaped backyard perfect for relaxing or entertaining. Upstairs, you'll find three generous bedrooms, including a spacious primary suite with a walk-in closet and an updated 3-piece ensuite. The finished basement with a rough in bathroom adds even more living space with a custom-built-in entertainment area and a custom bar, ideal for hosting family and friends. Underground parking spots provide convenience and security year-round. Located steps to restaurants, shopping, transit, parks, schools, and minutes to the 401, this home truly checks all the boxes. Shows beautifully move in and enjoy.
Estimate your monthly payments for this property
Estimated Payment
$3,693.46/mo
Includes CMHC insurance ($20,085)
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
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
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.
40 Torr Lane, 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 $514/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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 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 $3,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.