
59 Stockbridge Crescent, Ajax
Ajax
$799,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by MAIN STREET REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$2,900/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this beautifully renovated, fully detached, all-brick, two-storey home in the highly desirable Westney Heights community of Ajax. Featuring three bedrooms, an attached garage and a bright, open-concept main floor, this stylish home is completely move-in ready. The stunning kitchen offers new cabinetry, an island with breakfast bar, quartz countertops and stainless steel appliances-all new in 2025. Elegant 24" x 24" porcelain tile flows through the kitchen and main hallway, while the dining room features a beautiful accent wall with quartz countertop, bar fridge and a walkout to the spacious 12' x 20' backyard deck. A natural gas BBQ hookup makes outdoor entertaining easy. Additional highlights include pot lights and fresh paint throughout, no carpeting, central air conditioning and a spacious primary bedroom with a walk-in closet and its own feature wall. The finished basement offers a thermostatically controlled gas fireplace, washroom and plenty of additional storage. Enjoy the fully fenced backyard, newer shingles (2022), and washer and dryer (2022). Even the garage has been fully renovated, complete with an exceptionally clean painted floor. The property's curb appeal has been further enhanced by a new paved driveway and front walkway, both completed in 2026. Ideally located close to schools, shopping, public transit, recreation facilities, Highway 401 and the GO Train. This thoughtfully updated home combines modern finishes, comfortable living and an excellent Ajax location. *Note: All existing furniture is new and available to purchase.
MississaugaInvestor.ca
59 Stockbridge Crescent
Detached · 3bd/2ba · ~900 sqft
$799,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.71%
Monthly Cash Flow
-$2,540/mo
Estimated Rent
$2,900/mo
Cash-on-Cash
-17.39%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,900 |
| Mortgage | −$3,678 |
| Property Tax | −$726 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$666 |
| Vacancy (5%) | −$145 |
| Cash Flow | -$2,540/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,800 |
| Vacancy (5%) | −$1,740 |
| Property Tax | −$8,709 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,990 |
| Annual NOI | $13,661 |
| Cap Rate | 1.71% |
Cash Required to Close
| Down Payment (20%) | $159,800 |
| Ontario Land Transfer Tax | $12,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,255 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.