24 Oakins Lane 24, Ajax

$599,999
24 Oakins Lane 24

$599,999

New
4d
Condo Townhouse3-Storey

24 Oakins Lane 24, Ajax

Total Monthly Obligation $3,381

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
4d
Score
19
Yield
5.4%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Condo Townhouse
MLS® Number-E14095676
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 19, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$4,568 (2025)
Maintenance-$380/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-iCloud Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Northwest Ajax
Title-Residential Condo & Other

No agent assigned

Welcome to 24 OAKINS LANE townhouse in Ajax, this lovely 3-bedroom, 3-bathroom boasts a prime location with quick access to major highways 401-407, the Go Station, schools, restaurants, grocery stores home Depot, Canadian tire, Public transit, and a near by park. Total 1650 Sq Ft finished area,This Functional Floor Plan Makes Working From Home A Pleasure With A Separate Rec Area On The Lower Level That Walk-Out To Yard & W/ Garage Access. Open Concept Living/Dinning With Lots Of Natural Light. Kitchen W/ Breakfast Area & Juliet Balcony. Primary Bedroom W/ 3 Pc Ensuite Along W/ 2 Spacious Bedrooms On 3rd Level.This property presents a fantastic opportunity for first-time buyers. Brand new Carpet installed and new paint,Vacant propert, ready to move!!

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

Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,381/mo
Mortgage $2,420
Monthly Loss $2,744
Principal$637
Interest$1,783
Property Tax$381
Condo Fees$380
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%28
10-Year IRR
9.8%
Returns Index
15.1/ 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
$32,544/yr
NOI
$17,762/yr
Net Cash Flow
-$940/mo
Cash Margin
-34.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.1/ 100

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

Comparables

Properties near 24 Oakins Lane 24

Time

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Data last updated within the past 24 hours.