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Central West, Ajax
$1,299,000
Rare opportunity to acquire a versatile mixed-use property in the heart of Historic Pickering Village, one of Ajax's most established and evolving communities. Situated on a generous 50 x 270 ft lot with excellent frontage on Kingston Road West, this unique property offers both residential and commercial functionality, making it ideal for investors, entrepreneurs, end-users, or those seeking a live-work opportunity. The upper level features a self-contained residential apartment, while the main level provides flexible commercial space suitable for a variety of permitted uses. The property's strategic location benefits from strong visibility, steady traffic exposure, and convenient access to Highway 401, public transit, shopping, restaurants, schools, and community amenities. Positioned along the Kingston Road corridor, an area experiencing continued investment, revitalization, and planned transit improvements, this property presents excellent long-term potential. Whether you're looking to operate your business on-site, generate rental income, or secure a property in a growing corridor, this is a unique opportunity to own a well-located mixed-use asset in Ajax. Buyer to conduct their own due diligence regarding zoning, permitted uses, redevelopment potential, and future land use planning.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,587 |
| Lot Size | 50 ft x 270 ft |
| mls© Number | E13419956 |
| Listed By | ROYAL LEPAGE ASSOCIATES REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,649
- Property tax
- $632
- Heat allowance
- $150
- Housing costs
- $7,431 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$229,000
gross annual household income
- Payment at 4%
- $5,466 / mo
- Cash down
- $259,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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