57 Cornwall Drive, Ajax

$799,000
57 Cornwall Drive

$799,000

New
5d
Detached2-Storey

57 Cornwall Drive, Ajax

Total Monthly Obligation $4,077

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
5d
Score
19
Yield
5.0%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-E14091384
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-30.18 × 109.91 ft
Listed on site-Oct 18, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,746.43 (2026)
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Central
Title-Residential Freehold

No agent assigned

Bright & Spacious 3-Bedroom Detached Home in the Heart of Central Ajax! Offering Approx. 1,513 Sq. Ft. Above Grade, This Inviting 2-Storey Home Features Separate Living & Dining Areas, A Generous Eat-In Kitchen W/ Breakfast Bar & Quartz Countertops, Plus A Charming Sunken Family Room W/ Pocket Doors & Cozy Gas Fireplace! Enjoy A Finished Basement Rec Room & A Versatile Heated Bonus Room Ideal For A Home Office Or Hobby Space. Step Outside To A Fully Fenced Backyard W/ Spacious Deck, Perfect For BBQs & Entertaining! Driveway Parking For Multiple Vehicles. Conveniently Located Near Schools, Parks, Shopping, Recreation, Transit & Major Commuter Routes. A Fantastic Opportunity To Make This Detached Home Your Own!

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,077/mo
Mortgage $3,223
Monthly Loss $3,229
Principal$848
Interest$2,375
Property Tax$479
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$40,296/yr
NOI
$26,020/yr
Net Cash Flow
-$1,055/mo
Cash Margin
-31.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo37
Risk Index
21.6/ 100

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

Comparables

Properties near 57 Cornwall 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.