29 Redmond Drive, Ajax

$899,900
29 Redmond Drive

$899,900

New
8d
Detached2-Storey

29 Redmond Drive, Ajax

Total Monthly Obligation $4,553

HausQ Valuation Report
Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
8d
Score
18
Yield
4.7%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-E14080802
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-39.37 × 115.62 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,579.62 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Wood)
Brokerage-RE/MAX PRIME PROPERTIES
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30-90 Days
Neighbourhood-Central
Title-Residential Freehold

No agent assigned

Fully Detached Home On A Generous Lot W/ Approx. 1,800 Sq. Ft. On Main & 2nd Levels, Located Within Walking Distance To Ajax GO Station. Features Include Laminate Flooring On Main Level, New California Shutters, M/F Laundry & Recently Updated Windows. Updated Eat-In Kitchen W/ Brand New Quartz Countertops, New Sink & Faucet, Stainless-Steel Appliances, Backsplash & Pot Lights. Breakfast Area W/ W/O To New Deck & Pool-Sized Backyard W/ Southern Exposure, Flower Beds & Garden Area. Family Room W/ Wood-Burning Fireplace & Pot Lights. Spacious Primary Bedroom W/ Large W/I Closet & Ensuite W/ Oval Soaker Tub & Separate Shower. Finished Basement W/ Large Recreation Rm, Office Area, Fourth Bedroom, Full Washroom, Pot Lights & Laminate Flooring. Large Front Porch, Interlocking Walkway & Japanese Maple. Close To Schools, Hwy 401 & Local Amenities.

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,553/mo
Mortgage $3,630
Monthly Loss $3,598
Principal$955
Interest$2,675
Property Tax$548
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.8/ 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
$41,880/yr
NOI
$26,612/yr
Net Cash Flow
-$1,412/mo
Cash Margin
-40.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.5/ 100

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

Comparables

Properties near 29 Redmond 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.