10 Lincoln Street, Ajax

$1,999,000
10 Lincoln Street

$1,999,000

New
30d
Investment

10 Lincoln Street, Ajax

Total Monthly Obligation $9,080

Beds
0
Baths
3
Park
10
DOM
30d
Property Type-Investment
MLS® Number-E13817988
Beds-0
Bathrooms-3
Lot Size-0.27 Acres
Listed on site-Sep 23, 2026
Building Type-Investment
Taxes-$7,699 (2026)
Parking-Double Detached
Heating-Gas Hot Water
Brokerage-Re/Max Hallmark First Group Realty Ltd.
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Sanitary+Storm
Possession-15-75 Days/Flexible
Neighbourhood-Central West
Title-Commercial

No agent assigned

Rare opportunity to own a beautifully renovated legal triplex in the heart of Pickering Village, Ajax. This exceptional property offers three spacious 2-bedroom units, each fully renovated with modern kitchens, updated bathrooms and flooring. Situated on an expansive lot with 8 parking spaces plus a 2-car garage, this property offers an excellent opportunity for an investor seeking income-producing units with the flexibility for owner-occupancy or multi-generational living. Additional rental income potential from parking and garage space. Each apartment has a separate hydro meter, with hydro paid directly by the tenants. The property also features a high-efficiency tankless combination heating and hot water system. Situated within steps of all local Pickering Village amenities, including adjacent commercial laundry and wash-and-fold services. Seller-provided estimated market rents: *Main floor 2 bedroom with w/o to fenced yard - $2,800 plus hydro* *Second floor 2 bedroom $2,600 plus hydro* *Third floor 2 bedroom (temporarily occupied by a friend of the Seller) $2,500 plus hydro = $94,800* -- Annual operating expenses: Property Taxes $7,699 (2026) -- Property Insurance $3,030 -- Gas (Tankless heat & hot water) $1201. -- Hydro $663 (This is for the house meter, apartments have separate meters paid by tenants -- Water/sewer $1,338 -- Snow & grass $2,202 = $16,133

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Closing Costs

Mortgage Amount
$1,599,200
Land Transfer Taxes$36,455
Legal Fees (Est.)
$
Total cash required for closing$437,755

Total Monthly Obligation

$9,080/mo
Mortgage $8,063
Monthly Loss $6,958
Principal$2,122
Interest$5,942
Property Tax$642
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 10 Lincoln Street

Time

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