59 Cullcastle Street, Ajax

$749,888
59 Cullcastle Street

$749,888

New
2d
Att/Row/Townhouse3-Storey

59 Cullcastle Street, Ajax

Total Monthly Obligation $3,805

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
2d
Score
19
Yield
4.8%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Att/Row/Townhouse
MLS® Number-E14100810
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-15.11 × 83.76 ft
Listed on site-Oct 21, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,857.68 (2026)
Parking-3 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-Royal Heritage Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South West
Title-Residential Freehold

No agent assigned

Discover the perfect blend of comfort, style, and convenience at 59 Cullcastle Street! This beautifully refreshed 3-bedroom, 3-bathroom freehold townhouse offers approximately 1,547 sq. ft. of above-grade living space, plus a newly finished walkout basement, providing additional space for relaxation, entertaining, or family enjoyment. Freshly painted throughout and featuring brand-new kitchen and laundry appliances (2026) and updated interior and exterior light fixtures, this home is truly move-in ready! Enjoy added peace of mind with a brand-new furnace and central air conditioning (2026), along with roof shingles replaced in approximately 2025.The thoughtfully designed three-storey layout offers comfortable living spaces, a convenient second-floor powder room, and three bedrooms on the upper level, including a primary bedroom with its own ensuite and an additional semi-ensuite bathroom. Direct access from the garage into the home adds everyday convenience, while balconies on both the main and second levels provide inviting outdoor spaces to relax and unwind. Step outside from the newly finished walkout basement to a beautifully refreshed, fully fenced backyard featuring fresh sod and decorative river rock accents, creating a welcoming outdoor space to relax and enjoy. Ideally situated in a convenient Southwest Ajax neighbourhood, just steps from everyday amenities, including No Frills, LCBO, banks, pharmacies, restaurants, and shopping plazas. Enjoy easy access to schools, parks, public transit, Ajax GO Station, Highway 401, Ajax Pickering Hospital, and the beautiful Ajax waterfront with its scenic walking and cycling trails. A wonderful opportunity to own a beautifully updated, move-in-ready home in a fantastic location. Don't miss it!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$599,910
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,951

Total Monthly Obligation

$3,805/mo
Mortgage $3,025
Monthly Loss $3,009
Principal$796
Interest$2,229
Property Tax$405
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$36,204/yr
NOI
$23,226/yr
Net Cash Flow
-$1,089/mo
Cash Margin
-36.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.3/ 100

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

Comparables

Properties near 59 Cullcastle Street

Time

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