
89 Dreyer Drive, Ajax
Ajax
$896,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE TERREQUITY REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,000/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this immaculate 4-level side split, perfectly situated in one of Ajax's most sought after neighbourhoods. Thoughtfully updated and move-in ready, this home blends modern comfort with timeless appeal. Step through the beautifully renovated front entrance (2020), featuring a 42-inch wide doorway with elegant sidelights that create a bright, welcoming vibe. Major upgrades throughout the home include the garage door (2020), main floor windows (2018), upper floor windows (2020),garden shed (2017), and a stylish fireplace insert (2020).The updated kitchen (2021) offers a fresh, contemporary space to cook and gather, while the renovated bathrooms (2016) provide a clean, modern feel. The spacious, fully fenced backyard is ideal for entertaining, relaxing, or simply enjoying your own private outdoor retreat. Families will appreciate being within walking distance to three elementary schools and Ajax High School. Ajax Community Centre, Lakeridge Health hospital, parks, and playgrounds are just minutes away. Durham Transit is steps from your door, making this an exceptional location for commuters and busy households a like. If you're looking for more than just a house-if you're searching for a place that feels like home-this is your chance!
MississaugaInvestor.ca
89 Dreyer Drive
Detached · 3bd/2ba · ~1,300 sqft
$896,000
Cash-Flow Report · August 2, 2026
Cap Rate
1.43%
Monthly Cash Flow
-$3,060/mo
Estimated Rent
$3,000/mo
Cash-on-Cash
-18.68%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,000 |
| Mortgage | −$4,124 |
| Property Tax | −$814 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$747 |
| Vacancy (5%) | −$150 |
| Cash Flow | -$3,060/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,000 |
| Vacancy (5%) | −$1,800 |
| Property Tax | −$9,766 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,960 |
| Annual NOI | $12,774 |
| Cap Rate | 1.43% |
Cash Required to Close
| Down Payment (20%) | $179,200 |
| Ontario Land Transfer Tax | $14,395 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $196,595 |
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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