
57 Armitage Crescent, Ajax
Ajax
$848,800
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE IGNITE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
3
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,950/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this exceptional home nestled in the highly sought-after Nottingham community of Northwest Ajax! Situated on apremium corner ravine lot with no neighbouring homes directly beside or behind, this beautifully appointed property offers anexceptional level of privacy, peaceful natural surroundings, and everyday convenience. Designed with comfort and functionalityin mind, the home features three well-appointed washrooms and convenient ensuite laundry. Step outside to a spaciousbackyard backing directly onto the ravine, where mature greenery creates a quiet and scenic setting perfect for relaxing,entertaining guests, or simply enjoying nature from the comfort of your own home. The premium lot placement providesadditional outdoor space, beautiful views, and a rare sense of openness that is difficult to find in the area. Outdoor enthusiastswill appreciate being close to Millers Creek Trail, Fishlock Park, and Paulynn Park, offering plenty of opportunities for walking,recreation, and family enjoyment. Families will also value the proximity to excellent schools, including Vimy Ridge Public School,Nottingham Public School, J. Clarke Richardson Collegiate, and Notre Dame Catholic Secondary School. Conveniently locatedjust minutes from Durham Centre, grocery stores, restaurants, shopping, public transit, and a wide variety of everyday amenities,with easy access to major routes for seamless commuting. This is a wonderful opportunity to lease a spacious and private homein one of Ajax's most desirable and family-friendly communities!
MississaugaInvestor.ca
57 Armitage Crescent
Detached · 3bd/3ba · ~2,250 sqft
$848,800
Cash-Flow Report · July 31, 2026
Cap Rate
1.55%
Monthly Cash Flow
-$2,808/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-18.1%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$3,907 |
| Property Tax | −$771 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$707 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$2,808/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$9,252 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,488 |
| Annual NOI | $13,190 |
| Cap Rate | 1.55% |
Cash Required to Close
| Down Payment (20%) | $169,760 |
| Ontario Land Transfer Tax | $13,451 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $186,211 |
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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