676 Monarch Avenue 1, Ajax, ON L1S 4S2
Affordable, ultra-clean, end unit features a 10' x 10' drive-in door into an air-conditioned warehouse plus a functional office layout. Approximately 35% office space and 65% open, usable warehouse area. Space is easily reconfigured to suit more warehouse or office space as required. Well-maintained industrial condo complex in south Ajax just 10 minutes to the 401 and most amenities. Prestige Employment (PE) zoning permits uses such as office, personal service shop, repair shop, light manufacturing, veterinary clinic, commercial school and fitness centre + more. Buyer to verify that their intended use complies with the zoning bylaw. (Zoning attached.) End units are often sought but seldom found.
- MLS number
- E13754024
- Type
- Industrial
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- L1S 4S2
- Photos
- 20
- Property tax
- $5,368 / year
This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Industrial
- Class
- Commercial
- Community
- South West
- Municipality
- Ajax
- Cross street
- Monarch Ave / Clements Rd W
- Zoning
- PE
Parking
- Garage
- Outside/Surface
Land
- Lot
- 0 × 0 feet
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Cooling
- Yes
- Water
- Municipal
Listing
- MLS number
- E13754024
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-09-08
- Expires
- 2027-02-28
- Taxes
- $5,368 (2026)
- Board
- Central Lakes Association of REALTORS
Listing history
This address has been listed 2 times.
Where this home is
Where this address sits, matched against open government data.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Duffin's Bay Public School Durham DSB | Elementary | 832 m | / 10 80% met the standard |
| St James Catholic School Durham CDSB | Elementary | 764 m | / 10 69% met the standard |
| Bolton C Falby Public School Durham DSB | Elementary | 1.1 km | / 10 57% met the standard |
| Lakeside Public School Durham DSB | Elementary | 1.1 km | / 10 75% met the standard |
| Southwood Park Public School Durham DSB | Elementary | 960 m | / 10 63% met the standard |
| St Bernadette Catholic School Durham CDSB | Elementary | 1.3 km | / 10 64% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 580 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35180551 — the few blocks around this address, home to 580 people. It describes the area, not this property.
Percentages are of the 320 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.