676 Monarch Avenue, Ajax, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of South West. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $599,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 1 Bathroom
- Thoughtfully designed floor plan offering excellent spatial utility and privacy
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Own this exceptional and rarely available 1,200 sq ft commercial condo situated in a high-traffic, well-established plaza in the desirable southwest Ajax area of Durham Region. Currently configured as a thriving wellness and chiropractic clinic featuring seven dedicated treatment rooms, the flexible zoning (subject to condo bylaws) permits reconfiguration for medical, professional services, retail, office, or other approved uses, making it ideal for owner-operators or astute investors. The unit enjoys direct frontage and prominent exposure to Monarch Avenue, capturing considerable daily traffic flow in this growing corridor, along with ample shared parking in a vibrant plaza anchored by restaurants, medical clinics, and complementary businesses. Mezzanine potential offers the opportunity to add valuable square footage without relocating, while the turnkey setup provides existing build-outs ready for immediate use or customization. In southwest Ajax's expanding market-close to major highways, residential developments, and commuter routes-small commercial condos of this calibre seldom come to market, presenting a unique chance to secure ownership, eliminate rent payments, or build portfolio equity in a resilient asset class. This scarce opportunity is perfect for professionals seeking stability, end-users wanting full control, or investors eyeing strong cap rate potential amid limited supply. Full details, financials, and condo documents available to qualified buyers. Do not miss this rare gem-act quickly in this tight market.
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Pricing & Value Insights
Data-driven valuation for 676 Monarch Avenue 8, Ajax, ON L1S 4S2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ajax, ON
For a property listed at $599,900 in Ajax, the legal minimum down payment is $34,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,473 for this transaction. As this listing is in Ajax (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.