


5 Raine Drive, Central
Price
$790,000
Bedrooms4 Beds
Bathrooms4 Baths
Size2000-2500 sqft
Year Built31-50
Property TypeHouse
Property Taxes$6518
Maintenance FeesNot listed
Description
Attention Investors, Contractors & Renovators! Opportunity knocks in Ajax's sought-after Central Westney-Magill pocket. This detached 4-bed, 4-bath, 2-storey home with finished basement and 2-car garage sits on a deep 36 x 134 ft lot offering solid bones, a functional layout, and endless potential for those ready to add value. Main floor features separate living/dining rooms with hardwood floors and French doors, family room with fireplace, and eat-in kitchen with walk-out to fenced yard. Upstairs boasts four spacious bedrooms including a primary with 4-piece ensuite and sitting area. Basement finished with rec room, wet bar, 2-pc bath and office/5th bedroom. Yes, the home needs work-repairs, updates, and finishing touches are required-but the location, size and structure make it a fantastic project for the right buyer. Comparable renovated homes in the area have recently sold in the $1.05M-$1.10M range. Being sold as-is, where-is. No warranties. Quick closing available. Bring your contractor and imagination-this is your next profitable project in Ajax!
Property Dimensions
Second Level
Bedroom 2
Dimensions
3.35' × 3.05'
Features
Large Closet
Bedroom 3
Dimensions
3.35' × 3.05'
Features
Large Closet
Primary Bedroom
Dimensions
4.88' × 3.35'
Features
4 Pc Ensuite
Bedroom 4
Dimensions
3.35' × 3.05'
Features
Large Closet
Main Level
Breakfast
Dimensions
3.35' × 2.45'
Features
Walk-Out
Family Room
Dimensions
4.88' × 3.35'
Features
picture window, fireplace
Dining Room
Dimensions
3.96' × 3.35'
Features
french doors, hardwood floor
Living Room
Dimensions
4.9' × 3.35'
Features
french doors, hardwood floor
Kitchen
Dimensions
3.65' × 2.75'
Features
breakfast area, walk-out
All Rooms
Breakfast
Dimensions
3.35' × 2.45'
Features
Walk-Out
Living Room
Dimensions
4.9' × 3.35'
Features
french doors, hardwood floor
Dining Room
Dimensions
3.96' × 3.35'
Features
french doors, hardwood floor
Kitchen
Dimensions
3.65' × 2.75'
Features
breakfast area, walk-out
Primary Bedroom
Dimensions
4.88' × 3.35'
Features
4 Pc Ensuite
Bedroom 2
Dimensions
3.35' × 3.05'
Features
Large Closet
Bedroom 3
Dimensions
3.35' × 3.05'
Features
Large Closet
Bedroom 4
Dimensions
3.35' × 3.05'
Features
Large Closet
Family Room
Dimensions
4.88' × 3.35'
Features
picture window, fireplace
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The Property Location
Mortgage Calculator
Total Monthly Payment
$3,382 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$632,000
Total Interest Payments
$389,667
Total Payment (Principal + Interest)
$1,021,667
Determine Your Profits After Selling Your Home
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Jess Whitehead
Sales Representative
Related Properties

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.
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