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- Average price, Ajax, all property types
- $918,704As of October 2026.Source
- Median price, Ajax, all property types
- $812,750As of October 2026.Source
- Sales in Ajax
- 74As of October 2026.Source
- Population of Ajax
- 126,666As of 2021 Census.Source
On this page
Statistics Canada counted 126,666 people in Ajax in 2021, in a lakeside Durham Region town east of Toronto. The most useful fact for an Ajax owner this month is how far apart two price figures sit.
A $105,954 gap between two price figures
TRREB’s October 2026 Market Watch shows Ajax with 74 sales, an average of $918,704 and a median of $812,750. Homes sold at about 97% of list price after an average of 30 days, and months of inventory was 3.1. The average is $105,954 above the median.
When you work out equity, take the median as the guide to a typical home, and treat the average as a ceiling that few homes reach.
What 80% of the median leaves a Durham owner
Second mortgage lenders generally stop at 80% of appraised value minus what is owed on the first mortgage, the limit the Financial Consumer Agency of Canada describes. The first example above runs it on the median: $212,750 of equity, but $50,200 of room, and a $45,000 loan leaves $5,200. Few lenders like to leave that little margin, and fees would eat much of it.
The second example runs a larger loan on the average price and finds it fits easily. Run the same $650,000 total against the median and it just touches the ceiling. Always use a conservative value in the calculator.
When one partner keeps the Ajax house
A common reason to borrow against an Ajax home is a separation, where one person keeps the house and pays the other their share. The separation buyout page covers the practical side: a lawyer, a separation agreement, and if your income alone can carry the mortgage once the other person leaves the file.
Compare a second mortgage with refinancing the whole first mortgage in second mortgage or refinance. A refinance may cost less over time but can trigger a penalty on the existing loan.
Basement suites and rented rooms
Some Ajax owners rent part of the house. Lenders differ on whether they count that income, and on whether the unit is legal. If you own a second property to rent out, the rental property page describes how lenders view it.
Fees to price before an Ajax loan
Ontario’s land transfer tax applies when a property is bought. We found no such tax for registering a second mortgage, as the Ontario page sets out. For a buyout you may still have legal fees for the transfer of title, so ask your lawyer. Also budget for an appraisal, the registration fee and any lender or broker fee.
Ask your lawyer for a written estimate of every charge before the appraisal is ordered. The appraisal is paid whether or not a loan follows, so ask the lender what happens to that fee if the value comes in short. On a loan of $45,000, the size used in the first example, even a few thousand dollars of fees take a visible bite out of what reaches your account.
Where Ontario arrears pressure sits
CMHC’s October 2026 release put Ontario arrears at 0.32% in the second quarter of 2026 and said it expects them to keep rising through mid-2027, with the pressure concentrated in the Greater Toronto and Hamilton Area and Southwestern Ontario. It said the largest renewal shock has likely passed. If your payment still rose at renewal, the renewal page compares your options.
Ajax sits inside the Durham Region commuter belt, so a lot of households depend on jobs in other cities. Whatever your own job, size a loan so the payment survives a drop in hours.
Five years of 5.8% growth
Between the 2016 and 2021 Censuses Ajax went from 119,677 to 126,666 residents, a rise of 5.8%. The 2021 Census counted 40,275 private dwellings in the town.
Census counts describe the town, not your house, and they say nothing about where prices go next. Whenever you plan a loan, start from the latest sold prices and your own appraisal, and leave a margin.
Checking the person you talk to about an Ajax loan
Private lenders in Ontario are reached through a Level 2 mortgage agent or a brokerage, and the regulator’s public register lets you confirm either one before you share anything. When your Ajax figures are ready, you can send them in for a licensed review.
An Ajax home at the October 2026 median
The $812,750 value is TRREB's October 2026 median price for all property types in Ajax, used as a stand-in for an appraisal. The $600,000 first mortgage and $45,000 new loan are made up. The 80% ceiling is the FCAC limit for second mortgages.
- Home value used
- $812,750
- Equity before the loan
- $212,750
- 80% of the home value
- $650,200
- Combined loan-to-value with a $45,000 loan
- 79.4%
- Room under an 80% ceiling before the loan
- $50,200
$812,750 minus $600,000
$812,750 x 0.8
$645,000 divided by $812,750
An Ajax spousal buyout at the October 2026 average
The $918,704 value is TRREB's October 2026 average price for all property types in Ajax, used as a stand-in. The $450,000 first mortgage and the $200,000 buyout loan are made up. The buyout amount is an assumption, not a rule of law.
- Home value used
- $918,704
- 80% of the home value
- $734,963
- Combined loan-to-value with a $200,000 loan
- 70.8%
- Room left after the buyout loan
- $84,963
- Room under an 80% ceiling before the loan
- $284,963
$918,704 x 0.8
$650,000 divided by $918,704
$734,963 minus $650,000
Questions people ask
Why does the Ajax median sit so far below the average?
Averages add every sale and divide, so a few large sales pull the number up. TRREB showed $918,704 against a median of $812,750 for October 2026. The median is the middle sale, so it is the better guide to a typical Ajax home.
How would I fund a buyout of a former partner in an Ajax home?
Often that is done with a refinance or a second mortgage, but a lender will look at your income alone once the other person is off title. Get a separation agreement and a lawyer's advice first, because the buyout must be documented properly.
How many homes sold in Ajax in October 2026?
TRREB recorded 74 sales in Ajax that month, at about 97% of list price after an average of 30 days. A small number of sales means a single high or low sale can move the average noticeably.
Would an Ajax basement apartment change what a lender will lend?
It can. A lender may ask whether the unit is legal and registered with the town and whether rent is on a lease. Some give credit for rental income and others will not. Ask each lender before you count on it.
Which parts of Ontario does CMHC say face the most arrears pressure, and is Ajax named?
CMHC's October 2026 release said arrears pressure in Ontario is concentrated in the Greater Toronto and Hamilton Area and Southwestern Ontario. It did not name Ajax. Credit card and auto loan delinquencies are rising, which CMHC treats as an early sign.