7 Salvage Street, Ajax

Price: $1,175,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: E13101840

Nestled in one of Northeast Ajax's most desirable family-friendly communities, this stunning executive residence at 7 Salvage St offers the perfect blend of luxury, elegance, space, and functionality. Boasting 4+1 spacious bedrooms, a professionally finished basement apartment with a separate kitchen, and an exceptional layout designed for modern living, this home is truly a rare offering. Step inside and be immediately impressed by the soaring 12-foot ceilings on the main floor, creating an airy, grand atmosphere filled with natural light and upscale charm. The expansive principal rooms are thoughtfully designed for both entertaining and everyday comfort, featuring elegant finishes, generous living spaces, and a flowing open-concept layout that exudes sophistication throughout. The gourmet chef-inspired kitchen is the heart of the home, offering ample cabinetry, extensive counter space, and seamless connection to the family and dining areas-perfect for hosting gatherings or enjoying family meals in style. Freshly painted throughout, this immaculate home is completely move-in ready and showcases true pride of ownership. Upstairs, discover four generously sized bedrooms offering comfort, privacy, and functionality for growing families. The luxurious primary retreat provides the ideal escape with abundant space and natural light. The fully finished basement apartment with its own kitchen and additional bedroom offers incredible versatility-ideal for extended family, an in-law suite, multi-generational living, or potential income opportunities. Complete with a double car garage, spacious driveway, and beautiful curb appeal, this home checks every box for today's discerning buyer. Located just minutes from top-rated schools, parks, shopping, transit, community centres, restaurants, and every major amenity, this prestigious Ajax location offers unmatched convenience in a thriving neighborhood. This spacious and beautifully upgraded home is luxury at its finest!

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$1,175,000 - 7 Salvage Street, Ajax

Detached for Sale in Ajax

60 days on market
5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
E13101840
Property Type
Detached
Status
active
Days on Site
60
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Ajax
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Nestled in one of Northeast Ajax's most desirable family-friendly communities, this stunning executive residence at 7 Salvage St offers the perfect blend of luxury, elegance, space, and functionality. Boasting 4+1 spacious bedrooms, a professionally finished basement apartment with a separate kitchen, and an exceptional layout designed for modern living, this home is truly a rare offering. Step inside and be immediately impressed by the soaring 12-foot ceilings on the main floor, creating an airy, grand atmosphere filled with natural light and upscale charm. The expansive principal rooms are thoughtfully designed for both entertaining and everyday comfort, featuring elegant finishes, generous living spaces, and a flowing open-concept layout that exudes sophistication throughout. The gourmet chef-inspired kitchen is the heart of the home, offering ample cabinetry, extensive counter space, and seamless connection to the family and dining areas-perfect for hosting gatherings or enjoying family meals in style. Freshly painted throughout, this immaculate home is completely move-in ready and showcases true pride of ownership. Upstairs, discover four generously sized bedrooms offering comfort, privacy, and functionality for growing families. The luxurious primary retreat provides the ideal escape with abundant space and natural light. The fully finished basement apartment with its own kitchen and additional bedroom offers incredible versatility-ideal for extended family, an in-law suite, multi-generational living, or potential income opportunities. Complete with a double car garage, spacious driveway, and beautiful curb appeal, this home checks every box for today's discerning buyer. Located just minutes from top-rated schools, parks, shopping, transit, community centres, restaurants, and every major amenity, this prestigious Ajax location offers unmatched convenience in a thriving neighborhood. This spacious and beautifully upgraded home is luxury at its finest!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,197.42/mo

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5-yr fixed avg.

Principal: $940,000Interest: $619,226
Mortgage Amount$940,000
Total Interest$619,226
Est. Property Tax$832/mo
Total Cost$1,559,226

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: Ajax

Discover Ajax

Ajax 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 Ajax

  • 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

Ajax 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

7 Salvage Street, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$832
Insurance (est.)-$245
Net Cash Flow+$2,873

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 $470/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.

Negotiation Opportunity

At 60 days on site, this property has exceeded the typical selling timeline for Ajax. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 $4,896 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    7 Salvage Street, Ajax | $1,175,000 | Battaglia Team