53 Banner Crescent, Ajax

$730,000
53 Banner Crescent

$730,000

New
18d
Detached2-Storey

53 Banner Crescent, Ajax

Total Monthly Obligation $3,685

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
18d
Score
20
Yield
5.1%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-E13862804
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30.68 × 95 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$4,385.53 (2026)
Parking-3 - Built-In
Basement-Finished
Heating-Fan Coil (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-30-60 Days
Neighbourhood-South West
Title-Residential Freehold

No agent assigned

Welcome to this beautifully updated turnkey 3-bedroom link-detached home. This home is perfect for first-time buyers, young families or anyone looking to simply unpack and start enjoying life.From the moment you step inside, you'll be greeted by a bright, inviting layout that's both stylish and functional. The spacious living and dining areas flow effortlessly creating the ideal setting for everything from cozy movie nights to lively family gatherings. The well-appointed kitchen offers plenty of space to cook, entertain and make lasting memories.The three generously sized bedrooms offer plenty of room for the whole family.Downstairs, discover a fully finished basement that adds an incredible extension to your living space. Whether you envision the ultimate recreation room, home theatre, games room,fitness studio, or the perfect spot to host friends on game night, this versatile space is ready to bring your vision to life.Outside, enjoy a private backyard that's perfect for summer BBQs, relaxing with your morning coffee, or creating your own outdoor oasis.This isn't just a house it's the place where your next chapter begins. Don't miss your chance to call this incredible freehold link home your own!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$584,000
Land Transfer Taxes$11,075
Legal Fees (Est.)
$
Total cash required for closing$158,575

Total Monthly Obligation

$3,685/mo
Mortgage $2,945
Monthly Loss $2,910
Principal$775
Interest$2,170
Property Tax$365
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$37,236/yr
NOI
$24,627/yr
Net Cash Flow
-$892/mo
Cash Margin
-28.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
23.4/ 100

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

Comparables

Properties near 53 Banner Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.