199 Monarch Avenue, Ajax

$799,000
199 Monarch Avenue

$799,000

Price Change
27d
Att/Row/Townhouse3-Storey

199 Monarch Avenue, Ajax

Total Monthly Obligation $4,196

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
27d
Score
17
Yield
4.6%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Att/Row/Townhouse
MLS® Number-E13832358
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20.7 × 94.49 ft
Listed on site-Sep 26, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$7,176.75 (2026)
Parking-3 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-CITYSCAPE REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South West
Title-Residential Freehold

No agent assigned

Freehold end-unit LIVE-WORK townhome, two years new, with no monthly POTL or condo fees - 1,922 sq ft across three separate floors in the vibrant, newly built Hunters Crossing community. Versatile ground level: its own private entrance, its own 3-piece bathroom, and one flexible room that works as a home office, client space, guest suite, or legal third bedroom. Open main level: 9-ft ceilings, open-concept living and dining, a powder room, a kitchen with generous cabinetry walkout to your private terrace for morning coffee, dinner outdoors, or a break between meetings. Private upper level: primary and second bedrooms with a full 3-piece bathroom, set well away from the work and entertaining spaces. Lakeridge Health Ajax Pickering Hospital, Schools, Park and daily amenities within walking distance. Minutes to downtown Ajax, the lakefront, big-box shopping and dining. Ajax GO Station and Highway 401 close enough to make the commute the easy part of the day. Move-in ready. Book your showing.

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,196/mo
Mortgage $3,223
Monthly Loss $3,348
Principal$848
Interest$2,375
Property Tax$598
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$36,960/yr
NOI
$21,587/yr
Net Cash Flow
-$1,424/mo
Cash Margin
-46.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.2/ 100

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

Comparables

Properties near 199 Monarch Avenue

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.

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Data last updated within the past 24 hours.