40 Weekes Drive, Ajax

$739,900
40 Weekes Drive

$739,900

New
28d
Att/Row/Townhouse2-Storey

40 Weekes Drive, Ajax

Total Monthly Obligation $3,772

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
28d
Score
19
Yield
5.0%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Att/Row/Townhouse
MLS® Number-E13830590
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-20.01 × 109.91 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,954.88 (2026)
Parking-3 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ACE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Central West
Title-Residential Freehold

No agent assigned

Fresh, Bright & Move-In Ready Family Home In A Highly Convenient Location! This Well-Maintained 3+1 Bedroom, 3 Washroom Property Offers A Functional Layout Featuring A Spacious Family-Sized Kitchen With Modular Design And Walk-Out To A Large Double Deck Backyard - Perfect For Entertaining And Family Gatherings. Enjoy Laminate Flooring Throughout, Generously Sized Bedrooms, Perennial Gardens, And A Fully Finished Basement Offering Extra Living Space Or In-Law Potential. Includes 6 Appliances, TV Wall Mount, And Panasonic Sound System. Conveniently Located Close To Schools, Transit, Shopping, And Everyday Amenities - Only 1 Minute Walk To Bus Stop, 5 Minutes To 4 Schools, 7 Minutes To Lake Ontario, And Within 10 Minutes To Costco, Longo's, Food Basics, And Hospital. A Perfect Opportunity For Families Seeking Comfort, Space, And Convenience!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$591,920
Land Transfer Taxes$11,273
Legal Fees (Est.)
$
Total cash required for closing$160,753

Total Monthly Obligation

$3,772/mo
Mortgage $2,985
Monthly Loss $2,987
Principal$785
Interest$2,199
Property Tax$413
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.7%33
10-Year IRR
10.3%
Returns Index
17.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,900/yr
NOI
$23,755/yr
Net Cash Flow
-$1,005/mo
Cash Margin
-32.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.7/ 100

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

Comparables

Properties near 40 Weekes Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.