68 Mcgonigal Lane, Ajax

Price: $679,000

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13771858

Welcome to 68 McGonical Lane, a 3-bedroom townhouse located in a quiet, safe, and family-friendly community. This well-maintained home offers approximately 1,500 sq. ft. of total living space, including the basement. Features include new lighting and potlight fixtures throughout the home and bathrooms, upgraded bathroom vanities, and fresh paint throughout. The home is equipped with an Ecobee thermostat and offers a walkout basement. Enjoy a backyard deck and interlocking, both less than one year old, perfect for outdoor entertaining and relaxation. The 2-ton A/C unit was replaced in late 2024, while all major appliances, including the refrigerator, dishwasher, washer/dryer, and stove, were replaced approximately six months ago. Conveniently located next to a beautiful trail and within walking distance to a community playground, schools, shopping plaza, community centre, and bus stop. Approximately 4 minutes to Highway 401. Additional features include visitor parking and a community-assigned mailbox.

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active

$679,000 - 68 Mcgonigal Lane, Ajax

Condo for Sale in Ajax

Neighbourhood: Central

3Beds
3Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
E13771858
Property Type
Condo
Status
active
Days on Site
26
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Ajax
Taxes (2026)
$4,316
Maintenance Fees
$254/mo
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
DREAM HOUSE REAL ESTATE INC.
Description

Welcome to 68 McGonical Lane, a 3-bedroom townhouse located in a quiet, safe, and family-friendly community. This well-maintained home offers approximately 1,500 sq. ft. of total living space, including the basement. Features include new lighting and potlight fixtures throughout the home and bathrooms, upgraded bathroom vanities, and fresh paint throughout. The home is equipped with an Ecobee thermostat and offers a walkout basement. Enjoy a backyard deck and interlocking, both less than one year old, perfect for outdoor entertaining and relaxation. The 2-ton A/C unit was replaced in late 2024, while all major appliances, including the refrigerator, dishwasher, washer/dryer, and stove, were replaced approximately six months ago. Conveniently located next to a beautiful trail and within walking distance to a community playground, schools, shopping plaza, community centre, and bus stop. Approximately 4 minutes to Highway 401. Additional features include visitor parking and a community-assigned mailbox.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,483.62/mo

Includes CMHC insurance ($18,944)

$
$
5%10%50%

5-yr fixed avg.

Principal: $611,100Interest: $415,042
Mortgage Amount$630,044
Total Interest$415,042
Est. Property Tax$481/mo
Total Cost$1,045,087

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

68 Mcgonigal Lane, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$254
Property Tax (est.)-$481
Insurance (est.)-$141
Net Cash Flow+$1,884

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 $679/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.

Market Position

At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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. The $254/month fees should cover building insurance, common elements, and reserve contributions.

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.

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