
69 Gillett Drive, Ajax
Ajax
$1,499,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ROUGE RIVER REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
5
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,250/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this beautifully renovated executive family home. Offering 3,185 sq. ft. above grade plus a professionally finished 1,084 sq. ft. w/o bsmt delivering exceptional living space for growing or multi-generational families. Every detail has been thoughtfully updated, making this truly move-in ready. The main and upper levels feature engineered hardwood flooring throughout, complemented by a stunning updated staircase and modern railings. The functional layout includes a dedicated main floor office. The chef-inspired kitchen showcases premium GE Café appliances, including a gas stove and refrigerator, quartz countertops, & abundant workspace for cooking and entertaining. The inviting family room is the perfect gathering space, featuring custom built-in shelving and a stylish electric fireplace. Custom walk-in closets throughout the home maximize storage, while zebra shades provide a modern finishing touch. All four bathrooms have been beautifully renovated with contemporary finishes. Step outside to the expansive second-floor deck, an ideal extension of your living space that's perfect for summer BBQs and outdoor dining. The professionally finished walkout basement offers exceptional flexibility, featuring a bedroom, full bathroom, separate laundry, a full kitchen with GE Café refrigerator and stove, updated laminate flooring, providing versatility for extended family, guests, or private living space. Additional upgrades include a new furnace, upgraded 200-amp electrical service, EV charger in the garage, , washer and dryer , gas BBQ hookup, and Gemstone permanent exterior soffit lighting. Ideally situated in one of Ajax's most sought-after family neighbourhoods, this exceptional home is directly across from Gillett Park and just minutes to excellent schools, shopping, and everyday amenities. Combining quality craftsmanship, modern finishes, and an unbeatable location, simply unpack and enjoy everything this remarkable property has to offer.
MississaugaInvestor.ca
69 Gillett Drive
Detached · 5bd/5ba · ~3,250 sqft
$1,499,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.96%
Monthly Cash Flow
-$5,699/mo
Estimated Rent
$4,250/mo
Cash-on-Cash
-20.77%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,250 |
| Mortgage | −$6,900 |
| Property Tax | −$1,362 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,249 |
| Vacancy (5%) | −$213 |
| Cash Flow | -$5,699/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$51,000 |
| Vacancy (5%) | −$2,550 |
| Property Tax | −$16,339 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,990 |
| Annual NOI | $14,421 |
| Cap Rate | 0.96% |
Cash Required to Close
| Down Payment (20%) | $299,800 |
| Ontario Land Transfer Tax | $26,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $329,255 |
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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