23 Flowers Crescent, Ajax

$850,000
23 Flowers Crescent

$850,000

New
2d
Detached2-Storey

23 Flowers Crescent, Ajax

Total Monthly Obligation $4,295

Beds
3
Baths
4
Park
2
Sqft
1100-1500
DOM
2d
Score
17
Yield
4.5%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-E14101798
Beds-3
Bathrooms-4
Size-1100-1500 sqft
Lot Size-40.19 × 104.5 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,901 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-South West
Title-Residential Freehold

No agent assigned

Lakeside Living at its Finest in Desirable South Ajax! Welcome to this meticulously maintained and thoughtfully upgraded 3-bedroom, 4-bathroom home nestled on a quiet crescent in sought-after South Ajax, just moments from the lake! Offering the perfect blend of comfort, space, and versatility, this home is an exceptional opportunity for first-time buyers, growing families, or downsizers seeking a welcoming neighbourhood and convenient lifestyle. The bright living and dining rooms feature a beautiful bay window overlooking the front yard, while the updated kitchen (2020) offers ample cabinetry and counter space with a seamless view of the family room, currently used as an additional dining area. Upstairs, the spacious primary retreat boasts a walk-in closet and private ensuite, complemented by generous secondary bedrooms with excellent closet space. The finished basement adds incredible versatility, featuring a recreation room, home gym, extensive storage, and a spectacular addition with bright above-grade windows (renovated in 2026) - ideal for a home office, hobby space, or potential in-law retreat. Step outside to enjoy the stunning covered rear porch addition (2026) with a hot tub, newly installed lighting, and gas-line for the barbeque, creating the perfect setting for relaxing or entertaining. Beautiful curb appeal with landscaped front yard and private double driveway plus 1.5-car garage, oversized storage shed, and backyard space for kids and pets complete the package. Enjoy the best of lakeside living in a desirable Ajax community steps to Lake Ontario, parks, trails, shopping, grocery, restaurants, schools, and everyday amenities. A wonderful place to call home, with the space to grow, room to entertain, and lifestyle you've been looking for! Additional updates include: garage door 2026, broadloom on stairs going to second level 2026, interior paint throughout 2026, laundry room floor 2026, hot tub pump 2026, shingles 2021, & furnace 2015.

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

Closing Costs

Mortgage Amount
$680,000
Land Transfer Taxes$13,475
Legal Fees (Est.)
$
Total cash required for closing$184,975

Total Monthly Obligation

$4,295/mo
Mortgage $3,429
Monthly Loss $3,393
Principal$902
Interest$2,526
Property Tax$492
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.5/ 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
$38,244/yr
NOI
$24,019/yr
Net Cash Flow
-$1,427/mo
Cash Margin
-44.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.587
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.0/ 100

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

Comparables

Properties near 23 Flowers Crescent

Time

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Data last updated within the past 24 hours.