7 Torr Lane, Ajax

Price: $719,900

4 bedrooms, 4 bathrooms

1,800 sqft

Property Type: Condo

MLS#: E13614218

Welcome to this beautiful Coughlan built condominium townhouse. The home has 2214 sqft of usable space and is in one of Ajax's most sought-after communities! Offering the perfect blend of space, comfort, and convenience, this bright open-concept home is ideal for families, professionals, first-time buyers, and downsizers alike. Location is everything! Situated in a highly desirable neighbourhood just minutes from **Highway 401**, this home is surrounded by every convenience imaginable. Walk or drive to **Costco, Walmart, Home Depot, Canadian Tire, grocery stores, restaurants, cafés, banks, fitness centres, and an incredible selection of brand-name retailers**, making daily errands quick and convenient. The spacious open concept main floor with walk-out to Patio, is perfect for everyday living and entertaining, while the exceptionally large primary bedroom-rarely found in condominium townhomes-provides a relaxing retreat. The finished basement (2024) offers outstanding flexibility with a **4th bedroom and spacious recreation room with direct access from the underground garage**, this basement provides excellent privacy and offers exciting potential for a rental suite for extra income to support your mortgage. Enjoy the convenience of **2 underground parking spaces located right beside the unit**, making daily living effortless in every season. Experience truly maintenance-free living! The maintenance fee covers **windows (2021), doors, roof, lawn maintenance, snow and garbage removal, common elements.**, giving you peace of mind and eliminating the worry of costly exterior repairs or winter maintenance. Combining an unbeatable location, spacious layout, versatile lower level with rental potential, and carefree lifestyle, this move-in-ready home is a rare opportunity which does not come about often.

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active
New Listing
1/41

$719,900 - 7 Torr Lane, Ajax

Condo for Sale in Ajax

New — Listed 6 days ago

Neighbourhood: Central

4Beds
4Baths
1,800Sq Ft
Condo
Property Details
MLS Number
E13614218
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
4
Bathrooms
4
Square Feet
1,800 sqft
Neighbourhood
Ajax
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to this beautiful Coughlan built condominium townhouse. The home has 2214 sqft of usable space and is in one of Ajax's most sought-after communities! Offering the perfect blend of space, comfort, and convenience, this bright open-concept home is ideal for families, professionals, first-time buyers, and downsizers alike. Location is everything! Situated in a highly desirable neighbourhood just minutes from **Highway 401**, this home is surrounded by every convenience imaginable. Walk or drive to **Costco, Walmart, Home Depot, Canadian Tire, grocery stores, restaurants, cafés, banks, fitness centres, and an incredible selection of brand-name retailers**, making daily errands quick and convenient. The spacious open concept main floor with walk-out to Patio, is perfect for everyday living and entertaining, while the exceptionally large primary bedroom-rarely found in condominium townhomes-provides a relaxing retreat. The finished basement (2024) offers outstanding flexibility with a **4th bedroom and spacious recreation room with direct access from the underground garage**, this basement provides excellent privacy and offers exciting potential for a rental suite for extra income to support your mortgage. Enjoy the convenience of **2 underground parking spaces located right beside the unit**, making daily living effortless in every season. Experience truly maintenance-free living! The maintenance fee covers **windows (2021), doors, roof, lawn maintenance, snow and garbage removal, common elements.**, giving you peace of mind and eliminating the worry of costly exterior repairs or winter maintenance. Combining an unbeatable location, spacious layout, versatile lower level with rental potential, and carefree lifestyle, this move-in-ready home is a rare opportunity which does not come about often.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,693.46/mo

Includes CMHC insurance ($20,085)

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5-yr fixed avg.

Principal: $647,910Interest: $440,043
Mortgage Amount$667,995
Total Interest$440,043
Est. Property Tax$510/mo
Total Cost$1,108,038

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

7 Torr Lane, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$1,170
Property Tax (est.)-$510
Insurance (est.)-$150
Net Cash Flow+$1,970

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 $400/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Ajax's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Ajax. Good resale value as demand remains consistent.

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.

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    7 Torr Lane, Ajax | $719,900 | Battaglia Team