70 Cumberland Lane, Unit 1, Ajax, ON

$799,900
MLS#:E12101612
2 beds
2 baths
1600-1799 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 1, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of South West. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $799,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Separate Hydro Meter, Storage
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

Panoramic lake views from this stunningly renovated waterfront corner suite. A residence that's equal parts luxury, warmth and beauty, with the best 1,718 square foot layout you'll find. Offering more features than many area homes - a proper foyer, open-concept eat-in kitchen, gracious living and dining rooms, two generous bedrooms and two spa-like washrooms - all exquisitely redesigned with thoughtful touches and quality finishes - over $125,000 spent. Experience breathtaking water and park views from wrap around windows (all outfitted with custom California shutters); and all day sunshine in the chef-worthy kitchen, filled with custom cabinetry, heated floors and stainless steel appliances. Other highlights: laminate floors, incredible storage and separate storage locker. Plus 2-car side-by-side parking - and electric vehicle rough-in to panel already done. A superbly managed building with exceptional property management, abundant social events & activities and decadent amenities: indoor pool, gym, party room, ample visitor parking + more! Maintenance fee includes cable and high speed internet too. Fabulous South Ajax location, ideal for outdoor enthusiasts with an active lifestyle jogging, cycling and nature are at your door. Picnic across the street at Ajax Waterfront Park. Stroll to Sobeys, Rexall, and other daily conveniences. Bus stop to GO Station right at the corner. 3-minute drive to Hospital and Community Centre. Easy highway 401 access.

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Property Summary

This condo apartment located at 70 Cumberland Lane, Ajax is currently for sale and has been available on SousaSells for 449 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 2 beds, 2 bathrooms, and is 1600-1799 square feet. 70 Cumberland Lane, Ajax is in the South West neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 1, 2025
Sold price information is available to members only
Listed Date4/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyDurham
Annual Tax$5,337

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Clear View, Hospital, Lake/Pond, Park, Public Transit, Waterfront

Interior Features

Carpet Free, Separate Hydro Meter, Storage

Security Features

Concierge/Security

Community Features

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Location

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70 Cumberland Lane, Unit 1, Ajax, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 70 Cumberland Lane 501, Ajax, ON L1S 7K2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ajax.

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Interest Rate4.00%
Down Payment$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Ajax, ON

For a property listed at $799,900 in Ajax, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South West, Ajax.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$912,537

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Duffin's Bay
Public66 Pittmann Crescent, Ajax, Ontario, L1S 3G4
6.0
St James
Public10 Clover Ridge Drive West, Ajax, Ontario, L1S 3E5
6.4
Lakeside
Public4 Parkes Drive, Ajax, Ontario, L1S 4X1
6.9
Southwood Park
Public28 Lambard Crescent, Ajax, Ontario, L1S 1M5
5.7
Bolton C Falby
Public80 Falby Court, Ajax, Ontario, L1S 1N4
3.2

Secondary Schools

Ajax
Public105 Bayly Street East, Ajax, Ontario, L1S 1P2
5.4
Archbishop Denis O’Connor
Public80 Mandrake Street, Ajax, Ontario, L1S 5H4
5.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.