940 RIVERSIDE Drive, Ajax, ON

$1,699,900
MLS#:E12345848
5 beds
5 baths
3000-3500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 16, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Central West. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $1,699,900 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.

  • 5 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 50 x 136 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Built-In Oven, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 940 Riverside Drive in Central Ajax, Hard to find Banglow Loft Built by Marshall Homes with Ravine Lot Nest Back Onto Trans Canada Trails, With over 5000sft of total refined living space, This Home Unique Design for A Library with Supper Large window, a pair of Ceiling built-in Speakers with Ceing Height 13.5 ft, Soaring high ceiling (19ft) foyer; Coffered Ceiling Dinning Room with a pair of built-in Speakers conneted with Server and Pantry room; Open to Above Great Room buil-in Fire Place, and Master Bedroom in MAIN FLOOR with Raised Tray Ceiling and Built-in a pair of speakers. Finished Basement, Dedicated Home Theatre Room and The Gym Room over looking green belt. 1 min walk to Bus Stop, 2 min walk to Riverside Gulf Course, 3 min walk to Trans Canada Trail(Duffins Tail). Ajax GO station, 401 & 407 all within a 10-minute drive.

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Property Summary

This detached home located at 940 RIVERSIDE Drive, Ajax is currently for sale and has been available on SousaSells for 337 days. This property is listed at $1,699,900 with an estimated mortgage of $5,658* per month. It has 5 beds, 5 bathrooms, and is 3000-3500 square feet. 940 RIVERSIDE Drive, Ajax is in the Central West neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 16, 2025
Sold price information is available to members only
Listed Date8/14/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionStucco (Plaster), Stone
BasementFinished
Lot Size50 × 136 Feet
CountyDurham
Annual Tax$15,120
Legal DescriptionPART LOT 12 PLAN M1157, PART 8 PLAN 40R28157, TOWN OF AJAX

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Built-In Oven, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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940 RIVERSIDE Drive, 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 940 RIVERSIDE Drive, Ajax, ON L1T 3S2

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$509,970 (30.0%)
* Minimum Canadian down payment required for this price is $339,980.
Amortization Period30 Years
Estimated Monthly Payment$5,658Based on a loan of $1,189,930 over 30 years.
Purchase Price$1,699,900
Loan Amount$1,189,930
Provincial Land Transfer Tax:$30,473
Total Estimated Closing Taxes:$30,473

About Purchasing a Home in Ajax, ON

For a property listed at $1,699,900 in Ajax, the legal minimum down payment is $339,980 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 $30,473 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 $30,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,059,007

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

Westney Heights
Public45 Brennan Road, Ajax, Ontario, L1T 1X5
5.5
Lincoln Alexander
Public95 Church Street North, Ajax, Ontario, L1S 6A9
7.0
Alexander Graham Bell
Public25 Harkins Drive, Ajax, Ontario, L1T 3T6
7.8
Lincoln Avenue
Public70 Lincoln Street, Ajax, Ontario, L1S 6C9
5.0
Eagle Ridge
Public425 Delaney Drive, Ajax, Ontario, L1T 4N1
7.1

Secondary Schools

Pickering
Public180 Church Street North, Ajax, Ontario, L1T 2W7
7.8

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.