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Aurora Highlands, Aurora
$1,186,000
Location! Location! A rare opportunity to own a beautifully updated home on a premium 45.44X140.71ft lot in one of Aurora's most sought-after and rapidly transforming neighbourhoods. Surrounded by newly built multi-million-dollar custom homes, this property offers comfortable lifestyle, redevelopment potential, and long-term appreciation. Whether you choose to move in, renovate, expand, or build your dream home, the possibilities are endless.Tucked away on a quiet cul-de-sac with minimal traffic, this home offers a peaceful, family-friendly setting that's increasingly hard to find. Adding to its appeal is a fully fenced private backyard-a rare feature in this neighbourhood where many properties have open yards-providing an ideal space for children, pets, entertaining, or simply enjoying your own outdoor retreat. A standout feature is the legal, permit-approved basement apartment, offering immediate rental income with a current tenant who can stay or vacate to suit the buyer's needs. An ideal opportunity for investors or homeowners looking to offset mortgage costs, while also providing an excellent option for multi-generational living.Thoughtfully renovated in 2022, the home features updated flooring, a modern kitchen, and beautifully renovated bathrooms, creating a truly move-in-ready living experience. Major 2025 upgrades include a high-efficiency tankless water heater and a whole-home water softener system. Google smart security cameras with motion-activated lighting add modern convenience, enhanced security, and peace of mind.Ideally located just minutes from top-rated schools, parks, nature trails, shopping, restaurants, public transit, and all the amenities Aurora has to offer. A rare combination of location, income potential, modern upgrades, and future redevelopment value makes this an outstanding opportunity in one of Aurora's most desirable communities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,218 |
| Lot Size | 45.44 ft x 140.71 ft |
| mls© Number | N13481874 |
| Listed By | HOMELIFE LANDMARK REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,070
- Property tax
- $435
- Heat allowance
- $150
- Housing costs
- $6,655 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$205,000
gross annual household income
- Payment at 4%
- $4,991 / mo
- Cash down
- $237,200
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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