52 Marjoram Drive, Ajax

$922,500
52 Marjoram Drive

$922,500

New
23d
Detached2-Storey

52 Marjoram Drive, Ajax

Total Monthly Obligation $4,678

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
23d
Score
16
Yield
3.8%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-E13845008
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-10.07 × 30 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,982.33 (2026)
Parking-2 - Attached
Basement-Unfinished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker 2M Realty
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-South East
Title-Residential Freehold

No agent assigned

Welcome to 52 Marjoram Dr, ideally situated in a sought-after South Ajax lakeside community of quality all-brick Lebovic-built homes. Backing onto Carruthers Creek forest, this solid brick 2-storey offers a bright open-concept design, 9-ft main-floor ceilings, fresh paint & new vinyl plank flooring. The impressive great room features a soaring 18-ft ceiling & oversized picture windows showcasing beautiful forest views. Separate dining room with coffered ceiling & eat-in kitchen with upgraded appliances. Step out to the custom-built gated upper deck with glass panels & natural gas BBQ connection. A staircase connects to the backyard & full-width deck below, creating exceptional outdoor living space. The newly renovated front balcony features maintenance-free composite decking & glass panels-perfect for enjoying the morning sun. Upstairs offers 3 generous bedrooms, including a spacious primary with 4-pc ensuite & private balcony. 3 bedrooms, 3 washrooms & 3 walkouts! Walkout lower level with separate entrance offers excellent in-law or future apartment potential, subject to approvals. A gardener's & nature lover's paradise with extensive low-maintenance perennial gardens front & back-and no grass to cut! New roof (2026), owned tankless HWT, water softener, HEPA filtration, heat pump & attached garage with direct house access. Enjoy nearby parks, walking & cycling trails connecting to Ajax's waterfront, plus convenient access to Hwy 401 & GO.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$738,000
Land Transfer Taxes$14,925
Legal Fees (Est.)
$
Total cash required for closing$200,925

Total Monthly Obligation

$4,678/mo
Mortgage $3,721
Monthly Loss $3,699
Principal$979
Interest$2,742
Property Tax$582
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
5.8%13
10-Year IRR
7.3%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,680/yr
NOI
$19,730/yr
Net Cash Flow
-$2,077/mo
Cash Margin
-71.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 52 Marjoram Drive

Time

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