$999,998Asking Price
42 Rideout Street, Ajax, ON L1S 1P8
South East, Ajax
Stunning Fully Renovated Bungalow with Legal 2 Unit Basement in Prime Ajax! Welcome to This beautifully upgraded 3+2+1 bed, 4-bath bungalow on a prestigious 50x100 ft lot . This move-in-ready home features a legal 2-unit basement, 1-car garage, and a city-approved extended driveway with 5-car parking. Enjoy a bright open-concept main floor with luxury vinyl flooring, pot lights, and a custom Designer Kitchen with quartz counters, high-end stainless-steel appliances, built-in laundry, gleaming Ceramic floors, LED Lights and modern & smart home finishes throughout. All bathrooms are newly renovated with LED mirrors and designer touches.The legal basement offers two units:Unit 1: A 2-bed apartment with a living room, Huge kitchen, 3-pc bath, and large windows. Unit 2 (Owners Suite): A spacious great room with a wet bar, closet, 3-pc bath, and shared laundry in common area. Upgrades Include: New roof shingles, Owned furnace, A/C & tankless hot water system, New 200 AMP electrical panel (ESA approved), New main water line, New doors, locks, lighting, blinds, curtains, video surveillance system & video doorbell. Enjoy a huge private backyard, perfect for entertaining or relaxing. Ideal for investors, first-time buyers, or multi-generational families, live in one unit and rent out the other for income! Top Location + Luxury Renovation + Legal Income Potential = A Rare Find! Don't wait this turnkey gem wont last long!
Stunning Fully Renovated Bungalow with Legal 2 Unit Basement in Prime Ajax! Welcome to This beautifully upgraded 3+2+1 bed, 4-bath bungalow on a prestigious 50x100 ft lot . This move-in-ready home features a legal 2-unit basement, 1-car garage, and a city-approved extended driveway with 5-car parking. Enjoy a bright open-concept main floor with luxury vinyl flooring, pot lights, and a custom Designer Kitchen with quartz counters, high-end stainless-steel appliances, built-in laundry, gleaming Ceramic floors, LED Lights and modern & smart home finishes throughout. All bathrooms are newly renovated with LED mirrors and designer touches.The legal basement offers two units:Unit 1: A 2-bed apartment with a living room, Huge kitchen, 3-pc bath, and large windows. Unit 2 (Owners Suite): A spacious great room with a wet bar, closet, 3-pc bath, and shared laundry in common area. Upgrades Include: New roof shingles, Owned furnace, A/C & tankless hot water system, New 200 AMP electrical panel (ESA approved), New main water line, New doors, locks, lighting, blinds, curtains, video surveillance system & video doorbell. Enjoy a huge private backyard, perfect for entertaining or relaxing. Ideal for investors, first-time buyers, or multi-generational families, live in one unit and rent out the other for income! Top Location + Luxury Renovation + Legal Income Potential = A Rare Find! Don't wait this turnkey gem wont last long!
See MoreKey Info
- Bungalow Detached
- 5-Car Driveway
- 1-Car Detached Garage
- Harwood Ave/Kings Cres
- 700-1100 Approximate Sq Feet
- 51-99 Years Approximate Age
- Basement Apartment
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 50 x 100 Feet
- Brick Exterior
- Taxes were $4,365 in 2025
- Possession: 30/60 Days
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #E12334778
- RE/MAX GOLD REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Foyer | Main | 5.28' x 3.31' | Ceramic Floor, Closet, Glass Doors |
| 2 | Kitchen | Main | 17.06' x 7.97' | Quartz Counter, Modern Kitchen, Stainless Steel Appliances |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 2-Piece Bathroom on Main Floor | |||
| 2 3-Piece Bathrooms | |||
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Who lives here?
South East, Ajax is an east GTA neighbourhood notable for its singles, renters, executives, education, law & public sector professionals and tradespeople. Residents tend to be older with a significant number of adults aged 40 to 64.
Families
Kids Per Family
1.3
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
43%
of residents are
single and loving it.
43% singles
Ajax (43%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
22%
of residents
are renters.
22% renters
Ajax (14%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
32%
of residents are
university grads.
32% university grads
Ajax (34%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$122K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 12% |
| Trades | 9% |
| Government | 8% |
| Management | 8% |
Immigrants
30%
of residents were
born outside of Canada.
30% immigrants
Ajax (40%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
5.2% from Caribbean
All-time
Birthplace - Recent
1.3% from Philippines
Recent
Foreign Languages
Foreign Languages
| Urdu | 2% |
| Tagalog | 2% |
| Arabic | 2% |
| Tamil | 2% |
| French | 2% |
Religions
Religions
| Christian | 68% |
| Muslim | 6% |
| Hindu | 4% |
| Buddhist | 1% |
