216 Wright Crescent, Ajax
Ajax
$798,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ROUGE RIVER REALTY LTD.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
4
Bathrooms
4
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,400/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Legal duplex in the heart of Ajax! Handicap equipped with outdoor wheelchair lift, indoor stair lift and modified tub in ensuite bath. Rare end unit freehold townhouse with legal apartment and large backyard! Lovingly maintained and updated: hardwood floors and staircasein main house; fully fenced backyard with new south fence; renovated kitchens and baths; freshly painted throughout main house; updated light fixtures; all Decora outlets and light switches in main house; hardwired smoke and carbon monoxide detectors throughout & much more!Fantastic location: 15min WALK to GO station (or walk 2mins and take the GO bus); easy access to Hwy 401; quick & safe walk to elementary schools (no roads to cross!); so many shopping and dining options are less than a 5 minute drive!
MississaugaInvestor.ca
216 Wright Crescent
Att/Row/Townhouse · 4bd/4ba · ~1,750 sqft
$798,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.5%
Monthly Cash Flow
-$1,346/mo
Estimated Rent
$4,150/mo
Cash-on-Cash
-9.23%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,150 |
| Mortgage | −$3,673 |
| Property Tax | −$725 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$665 |
| Vacancy (5%) | −$208 |
| Cash Flow | -$1,346/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,800 |
| Vacancy (5%) | −$2,490 |
| Property Tax | −$8,698 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,980 |
| Annual NOI | $27,932 |
| Cap Rate | 3.5% |
Cash Required to Close
| Down Payment (20%) | $159,600 |
| Ontario Land Transfer Tax | $12,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,035 |
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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