
156 Rands Road, Ajax
Ajax
$799,900
Cash flow, cap rate & mortgage breakdown
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Listed by REVEL REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
4
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,900/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 156 Rands Road, an exceptional detached residence nestled on a rare 157-foot-deep lot in one of South Ajax's most established and sought-after family neighbourhoods. A substantial two-storey rear addition creates a home that offers significantly more living space than others on the street, blending generous proportions with thoughtful design.The open-concept main floor is designed for both everyday living and effortless entertaining, featuring a cozy gas fireplace, convenient powder room, and seamless flow throughout. At the heart of the home is a spectacular chef-inspired kitchen complete with an oversized centre island, abundant cabinetry, expansive prep space, and a bright eat-in area-perfectly suited for busy family life or hosting memorable gatherings.A truly rare feature, every bedroom offers its own ensuite, providing exceptional comfort and privacy for growing families, multi-generational living, or overnight guests.Step outside to your own private backyard retreat. The professionally maintained heated inground pool, expansive interlock patio, and beautifully landscaped grounds create the perfect setting for relaxing, entertaining, and making the most of every summer.Ideally located in the heart of South Ajax, you're just a short stroll to Rotary Park, the Ajax Waterfront, and kilometres of scenic Lake Ontario waterfront trails. Families will appreciate the proximity to Duffin's Bay Public School, the Ajax Community Centre, Discovery Bay Centre, and Clover Ridge Plaza for everyday conveniences. With quick access to Westney Road South, Highway 401, and the Ajax GO Station, commuting is effortless. Parks, beaches, playgrounds, and cycling trails are all at your doorstep-offering the very best of the coveted Lakeside Ajax lifestyle.
MississaugaInvestor.ca
156 Rands Road
Detached · 3bd/4ba · ~1,750 sqft
$799,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.71%
Monthly Cash Flow
-$2,546/mo
Estimated Rent
$2,900/mo
Cash-on-Cash
-17.41%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,900 |
| Mortgage | −$3,682 |
| Property Tax | −$727 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$667 |
| Vacancy (5%) | −$145 |
| Cash Flow | -$2,546/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,800 |
| Vacancy (5%) | −$1,740 |
| Property Tax | −$8,719 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,999 |
| Annual NOI | $13,642 |
| Cap Rate | 1.71% |
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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