120 Admiral Road, Ajax

$674,000
120 Admiral Road

$674,000

New
21d
Detached1 1/2 Storey

120 Admiral Road, Ajax

Total Monthly Obligation $3,567

Beds
2
Baths
3
Park
3
Sqft
700-1100
DOM
21d
Score
18
Yield
4.8%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-E13852928
Beds-2
Bathrooms-3
Size-700-1100 sqft
Lot Size-50 × 125 ft
Listed on site-Oct 2, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$5,676.99 (2026)
Parking-3 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-The Nook Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South East
Title-Residential Freehold

No agent assigned

OPEN HOUSE SUN OCT 25th 2-4PM. Welcome to 120 Admiral Rd in Ajax, a charming, renovated detached 1.5 storey, 2 bedroom, 3 bathroom home on this large 50'x125' treed lot in this family friendly neighbourhood in the heart of South Ajax. BONUS there is additional living space provided with the finished basement. Parking for 3 cars in the driveway, plus there is a sidewalk for the kids to safely play, walk the neighbourhood etc. The open concept living, dining and kitchen are great for hosting friends & day to day family living. The East facing livingroom is bright & spacious providing generous seating. The kitchen has tall upper cabinets for more storage, lower cabinets plus the island that provides great work surface for prepping meals, plus open shelving for storing large appliances or pots etc, plus a place for your bar stools. This diningroom has spacious area for a sideboard plus a table to suit 6-8 people, a great place for Thanksgiving or Christmas dinner.There is good storage in this home with built in shelves, niches & more. The 3 bathrooms are all renovated & you have the practicality of a powder room on the bedroom level, a glass walk in shower in the basement bathroom and a tub shower combination on the mainfloor. The basement has a great space for a home office and a comfortable rec room, both with north facing windows, plus the 3 pc bathroom and laundry/utility room. In addition to the renovation, there have been practical updates including the central AC, gas furnace, eaves, soffits fascia, basement sewer & professional foundation repairs. Conveniently located close to schools, public transit and shopping . Great for first time home buyers or downsizers, the opportunity to own a detached home with a 50x125' lot rather than a condo with monthly fees. Book your showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$539,200
Land Transfer Taxes$9,955
Legal Fees (Est.)
$
Total cash required for closing$146,255

Total Monthly Obligation

$3,567/mo
Mortgage $2,719
Monthly Loss $2,851
Principal$715
Interest$2,003
Property Tax$473
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$32,280/yr
NOI
$18,875/yr
Net Cash Flow
-$1,146/mo
Cash Margin
-42.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.9/ 100

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

Comparables

Properties near 120 Admiral Road

Time

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