98 Sullivan Drive, Ajax

$980,000
98 Sullivan Drive

$980,000

New
17d
Detached2-Storey

98 Sullivan Drive, Ajax

Total Monthly Obligation $4,960

HausQ Valuation Report
Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
17d
Score
17
Yield
4.6%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-E13867968
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40.03 × 190.28 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,582.11 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-POWER 7 REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Vacant
Neighbourhood-Central
Title-Residential Freehold

No agent assigned

Rarely Found & Impressive 40' x 190' Premium Lot Backing onto the peaceful green space! This Solid 4-bedroom, 3-bathroom detached home offers a functional layout with approx. 2,240 sq ft above grade (Main & 2nd Floors), Spacious Family Room with a warm fireplace, Separate Formal Dining Room and Living Room For Your Privacy and Different Gatherings! Open Concept Kitchen With Stainless Steel Kitchen Appliances, Eat-In Breakfast Area Overlooking Your 190' Deep Backyard Oasis. 4 well-sized bedrooms include a Principal Room with spacious retreat and 4-piece ensuite, All Newer Vinyl Casement Windows & Patio Doors, Newer CAC, Newer Roof, Newer Furnace, 1-Year New Paved Driveway, Newer Attick Insulation In The Attic. A Finished Basement with an open rec room/gym/in-law space. Step outside to a private backyard oasis with no neighbours behind, ideal for the garden lovers, summer gatherings or letting the kids run free. Double-Car garage and 2-car driveway. Walking distance to Lester Pearson Public School and Park, St. Catherine of Siena Catholic School and Park. Minutes Drive to Longo's Ajax, Tim Hortons, Starbucks, Restaurants, Major Banks, Hwy 401 & Kingston Road. A rare opportunity to own a spacious family home on an Ultra Premium country-style lot!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$784,000
Land Transfer Taxes$16,075
Legal Fees (Est.)
$
Total cash required for closing$213,575

Total Monthly Obligation

$4,960/mo
Mortgage $3,953
Monthly Loss $3,920
Principal$1,040
Interest$2,913
Property Tax$632
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
14.1/ 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
$44,796/yr
NOI
$28,234/yr
Net Cash Flow
-$1,600/mo
Cash Margin
-42.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
18.4/ 100

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

Comparables

Properties near 98 Sullivan Drive

Time

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