8 Dakin Drive, Ajax

$869,900
8 Dakin Drive

$869,900

New
9d
Detached2-Storey

8 Dakin Drive, Ajax

Total Monthly Obligation $4,402

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
9d
Score
17
Yield
4.3%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-E14081262
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-49.9 × 104.21 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,218.56 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL HERITAGE REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-60/90/TBA
Neighbourhood-Central West
Title-Residential Freehold

No agent assigned

Welcome to 8 Dakin Drive, a spacious 2-storey detached brick home located in a desirable Ajax community. Offering over 1,600+ sq. ft. of above-grade living space, this home features 3+1 bedrooms, 3 bathrooms, a finished basement and an attached double garage with parking for up to 6 vehicles. The main floor offers a bright living and dining room, a separate family room with fireplace and walkout to the backyard deck, a functional kitchen and convenient main-floor laundry with garage access. Upstairs, the generously sized primary bedroom features a walk-in closet and 4-piece ensuite, along with two additional bedrooms and a full bathroom. The finished basement provides additional living space with a spacious recreation room which includes a gas fireplace & wet bar and an additional bedroom. Notable improvements include central air conditioning (2025), roof shingles (2018), furnace and electrical panel (2016), eavestroughs (2015) and driveway sealing (2026). The fully fenced backyard also features a convenient gas BBQ hookup and deck with gazebo perfect for outdoor entertaining. Ideally situated close to schools, parks, playgrounds and recreation facilities, including Lester B. Pearson Public School and Park, with public transit, Ajax GO Station and Highway 401 access nearby. A wonderful opportunity to enjoy a spacious home in a well-established popular Ajax neighbourhood!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$695,920
Land Transfer Taxes$13,873
Legal Fees (Est.)
$
Total cash required for closing$189,353

Total Monthly Obligation

$4,402/mo
Mortgage $3,509
Monthly Loss $3,479
Principal$923
Interest$2,586
Property Tax$518
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.5%21
10-Year IRR
8.7%
Returns Index
11.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$37,272/yr
NOI
$22,826/yr
Net Cash Flow
-$1,607/mo
Cash Margin
-51.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.4/ 100

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

Comparables

Properties near 8 Dakin Drive

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.