40 Palmer Dr

Central, Ajax, L1S 5T9
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40 Palmer Dr, Ajax
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3 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
7 + 2
ROOMS
E8279374
MLSID
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Property Description
Welcome to this beautifully renovated double-garage house situated on a CORNER pie-shaped lot in central Ajax. This detached home boasts 3+2 bedrooms and offers a spacious and functional layout. On the main floor, you'll find a separate living area that overlooks the dining room, creating a perfect space for entertaining. There's also a cozy family room with a fireplace, ideal for enjoying warmth during the winter months, which overlooks the breakfast area. The kitchen has been updated with upgraded flooring and appliances and features plenty of cabinets for storing groceries. Step out onto the newly constructed deck, perfect for enjoying your evening coffee while watching the sunset. Additionally, there's a mudroom accommodating laundry with a separate entrance to the side of the house. Upstairs, you'll discover an extra-wide primary bedroom with a recently upgraded en-suite bathroom featuring a separate tub and standing shower. The two additional bedrooms are spacious and filled with natural light. The basement is a walkout with above-grade windows, offering great potential for extra rental income. It's been finished into an in-law suite with 2 extra spacious bedrooms, a kitchen, separate laundry, a fireplace, and a 4-piece bathroom. Recent updates include interlocking in the front and backyard, newer windows installed in 2019, and the hot water tank is owned, so there are no monthly charges. Don't miss out on this fantastic opportunity! Book your showing today before it's gone.
Extras
Just minutes away from Ajax GO Station and the 401, this home offers convenient access to transportation for commuters. It's also close to schools and shopping complexes, making short and outings hassle-free.
Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
66' x 102'
Fronting
West
Taxes
$5,779 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain10.01' x 12.01'Hardwood Floor, O/Looks Living, Pot Lights
DiningMain10.01' x 9.81'Hardwood Floor, Window, Pot Lights
KitchenMain10.01' x 18.21'Tile Floor, Eat-In Kitchen, W/O To Deck
FamilyMain12.40' x 13.91'Hardwood Floor, Fireplace, Pot Lights
Prim Bdrm2nd12.63' x 23.10'Laminate, Ensuite Bath, B/I Vanity
2nd Br2nd9.84' x 14.34'Broadloom, Window, Closet
3rd Br2nd10.63' x 10.73'Laminate, Window, Double Closet
LivingBsmt11.15' x 22.41'Fireplace, Open Concept, W/O To Yard
BrBsmt12.80' x 17.78'Laminate, Closet, Window
Ajax Market Statistics
Ajax Price Trend
40 Palmer Dr is a 3-bedroom 4-bathroom home listed for sale at $999,999, which is $45,279 (4.7%) higher than the average sold price of $954,720 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Ajax increased by $32,747 (3.6%) compared to the previous 30 day period (March 15 - April 13) and down $63,803 (6.3%) from the same time one year ago.
Inventory Change
There were 93 3-bedroom homes listed in Ajax over the last 30 days (April 14 - May 13), which is up 86.0% compared with the previous 30 day period (March 15 - April 13) and up 27.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Ajax typically sold $29,026 (3.0%) above asking price over the last 30 days (April 14 - May 13), which represents a $37,376 decrease compared to the previous 30 day period (March 15 - April 13) and $114,249 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Ajax over the last 30 days (April 14 - May 13) stood at 53.8%, down from 76.0% over the previous 30 days (March 15 - April 13) and down from 76.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Ajax stood at 9 days when successfully sold over the last 30 days (April 14 - May 13), compared to 20 days before being removed from the market upon being suspended or terminated.
Listing contracted with Elixir Real Estate Inc.
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