113 Smales Drive, Ajax

$749,000
113 Smales Drive

$749,000

New
17d
Detached2-Storey

113 Smales Drive, Ajax

Total Monthly Obligation $3,915

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
17d
Score
20
Yield
5.5%
Cash on Cash
-1.1%
Cap Rate
4.3%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Detached
MLS® Number-E13867538
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-24.61 × 109.91 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,224 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-LUXURY HOMES WORLD INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-flexilbe
Neighbourhood-Central
Title-Residential Freehold

No agent assigned

Beautiful 3 Bedroom, 4 Bathroom Detached Home Located In The Heart Of Ajax On A Quiet Dead End Street! Bright And Spacious Foyer Opens To A Professionally Designed And Renovated Main Floor. Featuring Gorgeous Hardwood Floors, Smooth Ceilings, LED Pot Lights And A Cozy Gas Fireplace. Stunning Kitchen Offers Quartz Countertops, Stainless Steel Appliances, Stylish Backsplash, Large Centre Island With Seating And Walkout To A Fully Fenced Backyard. Spacious Primary Bedroom Features A Walk In Closet And 4 Piece Ensuite. A Warm Home In A Fantastic Ajax Location!

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

Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$3,915/mo
Mortgage $3,021
Monthly Loss $3,120
Principal$795
Interest$2,226
Property Tax$519
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-6.0%2
5-Year IRR
10.9%42
10-Year IRR
11.3%
Returns Index
22.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$41,520/yr
NOI
$26,644/yr
Net Cash Flow
-$801/mo
Cash Margin
-23.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
22.9/ 100

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

Comparables

Properties near 113 Smales 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.

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Data last updated within the past 24 hours.