68 Mcgonigal Lane, Ajax

$649,000
68 Mcgonigal Lane

$649,000

New
6d
Condo Townhouse3-Storey

68 Mcgonigal Lane, Ajax

Total Monthly Obligation $3,431

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1000-1199
DOM
6d
Score
17
Yield
4.3%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Condo Townhouse
MLS® Number-E14090418
Beds-3
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 17, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$4,316.1 (2026)
Maintenance-$253.88/mo
Locker-None
Parking-2 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-DREAM HOUSE REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Unknown
Foundation-Concrete
Possession-Immediate
Neighbourhood-Central
Title-Residential Condo & Other

No agent assigned

Welcome to 68 McGonical Lane a 3 bed townhouse located in a quiet, safe, and family-friendly community. This well-maintained home offers approximately 1500 sq.ft of total living space, including the basement. Features include new lighting and potlight fixtures throughout the house and bathrooms, upgraded bathroom vanities, and fresh paint throughout. The home is equipped with an Ecobee thermostat and offers a walkout basement. Enjoy a backyard deck and interlocking, both less than one year old, perfect for outdoor entertaining and relaxation. The 2-ton A/C unit was replaced in late 2024, and all major appliances, including therefrigerator, dishwasher, washer/dryer, and stove, were replaced approximately six months ago. Conveniently located next to a beautiful trail and within walking distance to a community playground, nearby schools, shopping plaza, community centre, and bus stop. Approximately 4 minutes to Highway 401. Additional features include visitor parking and a community-assigned mailbox.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,431/mo
Mortgage $2,618
Monthly Loss $2,743
Principal$689
Interest$1,929
Property Tax$360
Condo Fees$254
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.8%17
10-Year IRR
8.1%
Returns Index
9.9/ 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
$28,200/yr
NOI
$15,617/yr
Net Cash Flow
-$1,316/mo
Cash Margin
-56.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.1/ 100

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

Comparables

Properties near 68 Mcgonigal Lane

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.