
87 Douet Lane, Ajax
Ajax
$774,000
Cash flow, cap rate & mortgage breakdown
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Listed by HIGHPOINT HOMES REALTY
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
38
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,050/mo
Estimated from market price-to-rent ratios
Remarks
Location, Comfort & Affordability Combined! Welcome to this beautifully upgraded, just 4-year-old freehold townhouse offering 4 bedrooms and 3 bathrooms in one of Ajax's high demand & most desirable family-friendly communities. Designed for modern living, this stunning home features soaring 9-foot ceilings on the main level, an open-concept layout, and large windows that flood the home with natural light. The stylish interior showcases contemporary light fixtures, elegant finishes, and a bright, functional floor plan. The chef-inspired kitchen is equipped with stainless steel appliances, and centre island with breakfast seating-perfect for family gatherings and entertaining. The upper level offers three spacious bedrooms, private balcony while the versatile ground-floor bedroom provides direct access to the backyard, making it ideal for guests, a home office, or multi-generational living. Enjoy the convenience of direct garage access into the home. The Primary Suite Elevates Comfort With Its Own walk-in Closet, and A Private Balcony Step outside and take advantage of the beautiful park just moments away, featuring walking and jogging trails, playgrounds, and open green space for the entire family to enjoy. Nestled in a welcoming neighbourhood, this home is perfectly situated close to schools, parks, shopping, grocery stores, restaurants, and everyday amenities, easy access to Highway 401 and the Ajax GO Station, making travel throughout the GTA effortless. A perfect opportunity for first-time buyers, growing families, or investors seeking exceptional value in a prime Ajax location! The AAA+ Tenant, month to month @$3000/M, Buyer has option to assume current tenant or seller can vacant property.
MississaugaInvestor.ca
87 Douet Lane
Att/Row/Townhouse · 4bd/3ba · ~1,750 sqft
$774,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.05%
Monthly Cash Flow
-$2,239/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-15.83%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$3,563 |
| Property Tax | −$703 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$645 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$2,239/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$8,437 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,740 |
| Annual NOI | $15,893 |
| Cap Rate | 2.05% |
Cash Required to Close
| Down Payment (20%) | $154,800 |
| Ontario Land Transfer Tax | $11,955 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $169,755 |
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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