515 Ruthel Rd is a 3-bedroom, 2-bathroom detached home in Ajax, listed for $1,088,000. It has 1500-2000 sq ft of living space.
1Huge Potential On This Double Lot 100 Ftx 200Ft.
2The Perfect Location For A Large Custom Built Home Or Two Custom Homes On This Approved to be Severed Lot.
3PRIME WATERFRONT BEACH LOCATION -just seconds from the beach and scenic waterfront trails, surrounded by beautiful custom homes in a prestigious, rapidly developing neighbourhood.
Huge Potential On This Double Lot 100 Ftx 200Ft. Currently A Detached Brick Raised Bungalow In "As-Is" Condition. The Perfect Location For A Large Custom Built Home Or Two Custom Homes On This Approved to be Severed Lot. PRIME WATERFRONT BEACH LOCATION -just seconds from the beach and scenic waterfront trails, surrounded by beautiful custom homes in a prestigious, rapidly developing neighbourhood. Conveniently close to Hwy 401, Paradise Beach, schools, parks, and all amenities - secure premium, deep lots in one of Ajax's most desirable lakeside pockets. Exceptional opportunity in the highly sought-after waterfront community of Ajax! Buyer To Do Own Due Diligence. Vendor Take Back (VTB) Available.
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $725 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 515 Ruthel Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Full, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Full · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
515 Ruthel Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14112188$1,088,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 515 Ruthel Rd Compares to the Ajax Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,345
/mo
based on the purchase price of $1,088,000
$217,600 cash
$870,400 financed
$733,105 total interest
Principal54%$870,400
Interest46%$733,105
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Ajax
Other 3–4 bed homes for sale in Ajax around $1.1M.
Average days on market25Homes sold in about 25 days on average.
Sale-to-list ratio99.5%On average, homes sold below asking.
Active listings357Homes for sale here right now.
Median vs prior 90 days−0.1%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 397 sales from Jul 25 – Oct 23, 2026 (310 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
515 Ruthel Rd is listed at $1,088,000 (MLS® E14112188). Summitly updates the price as soon as the MLS® record changes.
Is $1,088,000 a good price for 515 Ruthel Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Ajax. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 515 Ruthel Rd changed?
No — 515 Ruthel Rd is still listed at its original asking price of $1,088,000.
How many bedrooms and bathrooms does 515 Ruthel Rd have?
515 Ruthel Rd has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Ajax.
Is 515 Ruthel Rd close to transit?
The nearest rapid-transit station is Ajax GO Station (Lakeshore East GO), about 4.2 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 515 Ruthel Rd?
About $5,345 a month — principal and interest on $1,088,000 with 20% down ($217,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 515 Ruthel Rd compare with other homes in Ajax?
Its asking price of $1,088,000 is about 30% above the median sold price in Ajax over the last 90 days, $835,000, across 397 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 515 Ruthel Rd been sold before?
Summitly has no earlier MLS® sale or lease of 515 Ruthel Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 515 Ruthel Rd?
515 Ruthel Rd is in Ajax, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 515 Ruthel Rd been on the market?
515 Ruthel Rd was listed today (October 23, 2026).
What is the price per square foot of 515 Ruthel Rd?
About $544 to $725 per square foot: the asking price of $1,088,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 515 Ruthel Rd have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
