
17 Ontoro Boulevard, Ajax
Ajax
$999,900
Cash flow, cap rate & mortgage breakdown
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Listed by REVEL REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,450/mo
Estimated from market price-to-rent ratios
Remarks
Some homes are ready to move into. This one is ready to be reimagined.Set on a rare half-acre lot in South Ajax, steps from the waterfront trail and Lake Ontario, 17 Ontoto is a custom 1980s build with the kind of bones that stop you mid-tour. Soaring cathedral ceilings. A floor-to-ceiling fireplace in the main living area that commands the room. A double sided wood-burning fireplace And an extraordinary glass solarium with wall-to-ceiling windows on three sides, overlooking a lush, private garden, the kind of space people spend years trying to add to a house.The primary suite has its own cedar-clad ceiling, a private walk-out to the upper deck, and a dressing area that tells you the person who designed this home was thinking carefully about how they wanted to live in it.The location is genuinely hard to find. South Ajax, waterfront community, mature trees, half an acre, double garage. The waterfront trail is a short walk. The lake is right there. And so is proximity to local amenities.What it needs: your vision. Updated kitchen, refreshed baths, and a new coat of imagination over forty years of good craftsmanship. This is not a home for someone who wants everything done. It's a home for someone who can see what it's going to be, and who understands that the best ones always ask something of you first.The lot alone is worth the conversation.Inside: Double-height foyer with custom tile Cathedral ceilings Double sided fireplace Glass solarium Primary with walk-out deck Double car garage Hardwood floors and an immense amount of love in these walls.Outside: acre Private rear yard Mature gardens Steps to the waterfront trail South Ajax lakeside community and close enough to Amenities that you won't be giving anything up.
MississaugaInvestor.ca
17 Ontoro Boulevard
Detached · 4bd/3ba · ~3,250 sqft
$999,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.57%
Monthly Cash Flow
-$3,291/mo
Estimated Rent
$3,450/mo
Cash-on-Cash
-18%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,450 |
| Mortgage | −$4,602 |
| Property Tax | −$908 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$833 |
| Vacancy (5%) | −$173 |
| Cash Flow | -$3,291/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,400 |
| Vacancy (5%) | −$2,070 |
| Property Tax | −$10,899 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,999 |
| Annual NOI | $15,732 |
| Cap Rate | 1.57% |
Cash Required to Close
| Down Payment (20%) | $199,980 |
| Ontario Land Transfer Tax | $16,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,453 |
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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