
297 5th Concession Road, Ajax
Ajax
$2,199,000
Cash flow, cap rate & mortgage breakdown
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Listed by WE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
5
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,950/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to over two acres of private hilltop luxury, situated in the scenic Greenwood community of north Ajax, moments from Greenwood Conservation Area. Set on over 2 rolling acres with nearly 278 feet of frontage, this custom-built estate offers extraordinary privacy, panoramic valley views and sunsets that deserve a standing ovation. A long, winding driveway with parking for more than 30 vehicles leads to this impressive residence, complete with a three-car attached garage and a grand, welcoming entrance. The home features four bedrooms, 5 bathrooms and fireplaces throughout. At the heart of the home, the spectacular great room is framed by soaring vaulted ceilings, expansive windows and a stately precast fireplace, creating the perfect setting to admire the breathtaking natural landscape. The breakfast area and primary bedroom both walk out to a generous balcony with glass railings, ideal for morning coffee, summer evenings and stargazing beneath the open sky. A deluxe screened-in sunroom in case you want to be outside but-not-really. All of this is located just minutes from 407, 401, conservation lands, trails and the best of north Pickering and Ajax. On especially clear days, the views even extend as far as the CN Tower. This is not simply a house- it is a rare combination of land, privacy, and an irreplaceable view. A true "pinch me, I live here" kind of property. Come see it for yourself!
MississaugaInvestor.ca
297 5th Concession Road
Detached · 5bd/5ba · ~5,000 sqft
$2,199,000
Cash-Flow Report · August 3, 2026
Cap Rate
0.35%
Monthly Cash Flow
-$9,475/mo
Estimated Rent
$4,950/mo
Cash-on-Cash
-23.48%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,950 |
| Mortgage | −$10,122 |
| Property Tax | −$1,997 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,833 |
| Vacancy (5%) | −$248 |
| Cash Flow | -$9,475/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$59,400 |
| Vacancy (5%) | −$2,970 |
| Property Tax | −$23,969 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$21,990 |
| Annual NOI | $7,771 |
| Cap Rate | 0.35% |
Cash Required to Close
| Down Payment (20%) | $439,800 |
| Ontario Land Transfer Tax | $41,450 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $484,250 |
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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