257 Wright Crescent, Ajax

$934,900
257 Wright Crescent

$934,900

New
19d
Detached2-Storey

257 Wright Crescent, Ajax

Total Monthly Obligation $4,717

HausQ Valuation Report
Beds
6
Baths
4
Park
2
Sqft
1500-2000
DOM
19d
Score
17
Yield
4.5%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-E13859716
Beds-6
Bathrooms-4
Size-1500-2000 sqft
Lot Size-55.29 × 118.89 ft
Listed on site-Oct 4, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,848 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flex
Neighbourhood-Central
Title-Residential Freehold

No agent assigned

Absolutely stunning, newly renovated detached family home situated on a large pie-shaped lot with an impressive 55.29 ft frontage and backing onto a peaceful church yard! Ideally located within walking distance to schools and the GO Station, and just minutes from parks, shopping, amenities and easy access to Hwy 401.This beautifully updated home is freshly painted and move-in ready, featuring a brand-new modern kitchen, newly renovated bathrooms, new main-floor flooring, stylish pot lights and updated blinds (2025). The home also features newer appliances (2024), oak hardwood flooring including the loft and staircase, a dramatic cathedral ceiling, and a spacious sunken family room highlighted by a custom wood-mantel fireplace.The dining area is enhanced with elegant crown moulding, while the kitchen offers lighted crown moulding and under-cabinet lighting for a warm, contemporary finish. A fantastic opportunity to own a beautifully renovated family home on a premium lot in a highly convenient location!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$747,920
Land Transfer Taxes$15,173
Legal Fees (Est.)
$
Total cash required for closing$203,653

Total Monthly Obligation

$4,717/mo
Mortgage $3,771
Monthly Loss $3,724
Principal$992
Interest$2,779
Property Tax$571
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.4%26
10-Year IRR
9.4%
Returns Index
14.0/ 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
$42,528/yr
NOI
$26,927/yr
Net Cash Flow
-$1,527/mo
Cash Margin
-43.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
18.9/ 100

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

Comparables

Properties near 257 Wright Crescent

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.