$749,900 - 8 Knowles Street, Ajax
Detached for Sale in Ajax
Popular ListingNeighbourhood: Central East
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- MLS Number
- E13816598
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Ajax
- Taxes (2026)
- $6,024
- Listing Brokerage
- CENTURY 21 PERCY FULTON LTD.
Think this bungalow is too small? Think again! Don't let the square footage fool you - 8 Knowles Street offers a surprising amount of living space and makes exceptionally smart use of every square foot. Built in 2009, with a new furnace and air conditioner installed in 2024, this detached freehold bungalow features a smart, functional layout highlighted by an impressive 23' x 14' main-floor living room, kitchen with adjoining dining area, generous primary bedroom and 4-piece bath - all on one convenient level. The bright, finished lower level, with above-grade windows, dramatically expands the home's usable living space and features 2 additional bedrooms, a 3-piece bath and spacious recreation/living area with fireplace, plus a separate laundry room, utility room and plenty of storage. It's an exceptionally versatile layout - ideal for downsizers who don't want to give up space, seniors who appreciate having their primary bedroom and full bath on the main floor, couples, families with older children, overnight guests, a home office or extended family. Think of the functionality of a bungaloft, but with a twist - instead of the additional bedrooms being upstairs, they're on the bright lower level, while your primary living needs remain conveniently on the main floor. Situated on an approximately 40' x 90' lot, the home also offers a double car garage and fenced backyard. Conveniently located in an established Ajax neighbourhood close to parks, schools, shopping, transit and everyday amenities. A rare opportunity to enjoy the ease and convenience of bungalow living without sacrificing the extra space you need - 8 Knowles offers much more than meets the eye!
Estimate your monthly payments for this property
Estimated Payment
$3,847.38/mo
Includes CMHC insurance ($20,922)
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 East
Central East 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 East
- •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 East 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.
8 Knowles Street, 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
Fair Market Value
At $1071/sqft, this property is priced in line with current Ajax market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
About Central East
I know Central East 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 $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.