64 Strickland Drive, Ajax
Ajax
$1,099,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SERVICES INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,800/mo
Estimated from market price-to-rent ratios
Remarks
This beautifully 4 Bedroom John Boddy home in one of Ajax's most sought-after neighbourhoods offers exceptional curb appeal and luxurious living inside and out. Featuring 4 spacious bedrooms, 4 bathrooms, and a fully finished basement. Spacious Kitchen Incl. Back Splash, Breakfast Area W/ Walk-Out To Patio. California shutter through out, beautiful Deck and interlocking in the backyard. pattern concrete Drive way, enough space between neighbour's properties. can go to the backyard from both side. S/S Appliances, Granite Counter, new AC and Furnace. pot lights inside and outside, home monitoring system, Walking Distance To Restaurants, Riverside Golf Course, And Public Transit! Prestigious Pickering High School, Pickering Town Centre And Costco.
MississaugaInvestor.ca
64 Strickland Drive
Detached · 5bd/4ba · ~2,750 sqft
$1,099,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.61%
Monthly Cash Flow
-$3,588/mo
Estimated Rent
$3,800/mo
Cash-on-Cash
-17.85%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,800 |
| Mortgage | −$5,059 |
| Property Tax | −$998 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$916 |
| Vacancy (5%) | −$190 |
| Cash Flow | -$3,588/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$45,600 |
| Vacancy (5%) | −$2,280 |
| Property Tax | −$11,979 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,990 |
| Annual NOI | $17,651 |
| Cap Rate | 1.61% |
Cash Required to Close
| Down Payment (20%) | $219,800 |
| Ontario Land Transfer Tax | $18,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $241,255 |
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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