$1,298,000
Est. payment $5,747/moCalculate yours
515 Kingston Road W, Ajax, ON L1S 6M1
Central West, Ajax, ON L1S 6M1
- 3 Beds
- 2 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of ROYAL LEPAGE IGNITE REALTY MLS® E13733476
About this home
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 x270 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.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Separate Entrance, Walk-Up
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Stucco (Plaster), Wood
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 270 Feet
- Parking
- Detached garage · 17 total
Financial
- Property Taxes
- $7,587 (2025)
Location
- Neighbourhood
- Central West
- Cross Street
- Kingston Rd W & Church St N
- Direction Faces
- North
Listing
- MLS® Number
- E13733476
- Days on Market
- 47
- Listed On
- 2026-09-01
- Possession
- Immediate
- Listed By
- ROYAL LEPAGE IGNITE REALTY
Features
Interior
- Other
Property
- Place Of Worship
- Fenced Yard
- Public Transit
Pool
- None
- Rental items
- HOT WATER TANK
Mortgage calculator
Estimated mortgage payment
$5,747 per month
- Principal and interest
- $5,747
- Property tax
- $632
- Condo fees
- $0
- Estimated monthly cost
- $6,380
Your mortgage
- Mortgage amount
- $1,038,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $685,779
Cash to close
- Down payment
- $259,600
- Land transfer tax
- $22,435
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $282,035
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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