
51 Devineridge Avenue, Ajax
Ajax
$799,900
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
4
Bathrooms
4
Days on Market
103
Price Drop
16%
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,400/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Stunning 4-Bedroom Semi-Detached Home in the Heart of Central East Ajax. Welcome to this beautifully maintained 2,191 sq. ft. semi-detached home located in the desirable Central East Ajax community. Featuring four spacious bedrooms and four modern bathrooms, this home offers exceptional living space for families of all sizes.The exterior boasts an elegant interlock walkway and a rare three-car parking capacity. Inside, youll find hardwood flooring throughout, stylish pot lights, and a bright, open-concept layout. The gourmet kitchen is a chefs dream, equipped with quartz countertops, a decorative backsplash, stainless steel appliances, a center island, premium cabinetry, and a walk-out to a large covered balcony plus an additional balcony for added outdoor enjoyment.The primary suite includes a four-piece ensuite and a walk-in closet, providing a private retreat. Elegant oak stairs with wrought iron railings add a touch of sophistication, while the upper-level laundry room offers added convenience.Natural light floods the family room through large windows, creating a warm and inviting atmosphere. The unfinished basement includes rough-ins for plumbing and electrical, offering great potential for customization.Located in one of Ajax's most sought-after neighbourhoods, this home is a perfect blend of style, comfort, and future possibilities.
MississaugaInvestor.ca
51 Devineridge Avenue
Semi-Detached · 4bd/4ba · ~2,250 sqft
$799,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.49%
Monthly Cash Flow
-$1,359/mo
Estimated Rent
$4,150/mo
Cash-on-Cash
-9.29%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,150 |
| Mortgage | −$3,682 |
| Property Tax | −$727 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$667 |
| Vacancy (5%) | −$208 |
| Cash Flow | -$1,359/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,800 |
| Vacancy (5%) | −$2,490 |
| Property Tax | −$8,719 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,999 |
| Annual NOI | $27,892 |
| Cap Rate | 3.49% |
Cash Required to Close
| Down Payment (20%) | $159,980 |
| Ontario Land Transfer Tax | $12,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,453 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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