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25 Cumberland Lane, South West

Price

$499,999

Bedrooms2 Beds

Bathrooms1 Baths

Size900-999 sqft

Year Built31-50

Property TypeCondo

Property Taxes$3923.38

Maintenance Fees$1278/month

Description

An opportunity to own by the lake at a price thats hard to match! This 958 sq. ft. 2-bedroom condo in The Breakers III offers excellent value for buyers seeking space, convenience, and lifestyle. Featuring a functional open-concept layout, full-sized kitchen, and generous living/dining area with walk-out to a southwest-facing balcony, this suite is ready for your personal touch. With TWO owned underground parking spots, a rare ensuite storage room, and an additional locker, it checks the boxes on both space and practicality. Located in one of Ajax's most established waterfront communities and surrounded by parks, trails, and the shoreline, this is an ideal option for those looking to renovate and build equity in a well-maintained building. The Breakers III is a quiet, mature building offering premium amenities including an indoor pool, gym, sauna, party room, BBQ area, and direct access to the Waterfront Trail. Monthly fees include water, parking, TV, and internet. Priced at just over $520 per squarefoot, this is a smart option for buyers seeking long-term upside in a lakeside setting. While the unit is clean and well-maintained, it also presents an excellent opportunity to add value through thoughtful updates. Whether you choose to renovate right away or take your time personalizing it, the potential is undeniable. Vacant and available for immediate possession.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$0 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$400,000

Total Interest Payments

$246,624

Total Payment (Principal + Interest)

$646,624

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Let's Find Your Dream Home Together