3 days on Market

70 Cumberland Lane #501, Ajax, Ontario L1S 7K2

In the same building:
-
Condo
2
2
~1600-1799 sqft
$799,900
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Condo
2
2
~1600-1799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$472/sqft

Est. Mortgage$3,435/mo

Maintenance fees$1902/mo

Tax Amount (2024)$5,337/yr

Days On Market3 days


Description

Panoramic lake views from this stunningly renovated waterfront corner suite. A residence that's equal parts luxury, warmth and beauty, with the best 1,718 square foot layout you'll find. Offering more features than many area homes - a proper foyer, open-concept eat-in kitchen, gracious living and dining rooms, two generous bedrooms and two spa-like washrooms - all exquisitely redesigned with thoughtful touches and quality finishes - over $125,000 spent. Experience breathtaking water and park views from wrap around windows (all outfitted with custom California shutters); and all day sunshine in the chef-worthy kitchen, filled with custom cabinetry, heated floors and stainless steel appliances. Other highlights: laminate floors, incredible storage and separate storage locker. Plus 2-car side-by-side parking - and electric vehicle rough-in to panel already done. A superbly managed building with exceptional property management, abundant social events & activities and decadent amenities: indoor pool, gym, party room, ample visitor parking + more! Maintenance fee includes cable and high speed internet too. Fabulous South Ajax location, ideal for outdoor enthusiasts with an active lifestyle jogging, cycling and nature are at your door. Picnic across the street at Ajax Waterfront Park. Stroll to Sobeys, Rexall, and other daily conveniences. Bus stop to GO Station right at the corner. 3-minute drive to Hospital and Community Centre. Easy highway 401 access.


Property Details

StyleApartment
ViewLake, Park/Greenbelt, Trees/Woods, Water
Age of property-
SqFt~1600-1799 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberE12101612
Community NameDiscovery Bay
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Heat Pump
Cooling: Central Air

Flat Floor

Living

6.25 x 4.72

Open Concept / Large Window / Overlook Water

Dining

5.66 x 4.11

Open Concept / Large Window / Overlook Water

Primary

4.39 x 3.4

3 Pc Ensuite / W/I Closet / Overlook Water

Kitchen

5.38 x 3.81

Renovated / Stainless Steel Appl / Eat-In Kitchen


Parking

Garage spaces 2

Garage type Underground

Other parking spaces 0

Total parking spaces 2


5Story
Elevator
Amenities

Exercise Room, Games Room, Indoor Pool, Sauna, Visitor Parking, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 24, 2025
ListedActive
$799,900
3 days on market
history photo preview45
Listing by trreb®
Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage

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Market Data - Discovery Bay

Geo Zone Map ThumbnailDiscovery Bay

Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

20 days

Compared to

2024

11 days

2023

22 days

2022

7 days

New Listings

Past 30 days

11 listings

Compared to

2024

9 listings

2023

7 listings

2022

6 listings

Units sold

Past 30 days

4 units

Compared to

2024

5 units

2023

4 units

2022

8 units

Median Sold Price

Past 30 days

$672,500

Compared to

2024

$540,000

2023

$579,500

2022

$750,000


Population and Demographics

Overview

Total population 6790
Average household income $142,936

Age (%)

50 to 64
24%
65 and plus
22%
0 to 19
20%
35 to 49
18%
20 to 34
16%

Household composition (%)

Single family
77%
Single person
20%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
89%
Others
6%
French
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
91%
Renters
9%

Schools and amenities

Estimated Budget