$979,700 - 42 Ritchie Avenue, Ajax
Detached for Sale in Ajax
Popular ListingNeighbourhood: Central
- MLS Number
- E13499436
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Ajax
- Listing Brokerage
- SUTTON GROUP-HERITAGE REALTY INC.
Welcome to this beautifully updated 3+2 bedroom home in one of Central Ajax's most desirable family-friendly neighbourhoods. Showcasing exceptional pride of ownership, this immaculate residence offers stylish, move-in-ready living with thoughtfully renovated kitchen and washrooms designed to meet the needs of today's modern family. Filled with natural light, the spacious layout offers comfortable living and entertaining spaces throughout. The bright walkout basement expands the home's versatility, featuring 2 additional bedrooms, a full washroom, and direct access to the backyard - ideal for extended family, overnight guests or growing teenagers seeking their own space. Step outside to the sprawling deck, an inviting extension of the home that provides the perfect setting for summer barbecues, outdoor dining, and relaxing evenings with family and friends. The double-car garage features access to the home and main floor laundry room for everyday convenience. Perfectly situated within walking distance to schools, parks, shopping, restaurants, and the Ajax GO Station, this exceptional location also offers quick access to Highways 401 and 412, making commuting a breeze. Combining modern updates, flexible living space, and an unbeatable location, this turnkey home is a rare opportunity for families seeking both comfort and convenience in the heart of Ajax.
Estimate your monthly payments for this property
Estimated Payment
$5,026.37/mo
Includes CMHC insurance ($27,334)
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.
42 Ritchie 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 $653/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.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Ajax.
Bathroom Count Matters
With 4 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 $4,082 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.