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Aurora Estates, Aurora
$1,379,000
ATTENTION INVESTORS, DEVELOPERS & BUILDERS! Exceptional opportunity to acquire an expansive81.47ft x 508.64 ft lot in the highly sought-after Aurora Estates community. Surrounded by prestigious luxury estate homes, this remarkable property offers tremendous potential for future redevelopment, subject to municipal approvals and planning requirements. The property currently features an older bungalow and is accessed by a long, private driveway, creating a secluded setting surrounded by mature trees and natural privacy. With its impressive lot dimensions and prime location, this property presents an exciting opportunity for builders and developers looking to explore a variety of potential uses, including a luxury estate build subject to approvals. Conveniently located with easy access to Highways 404 and 400, while being minutes from renowned private schools including St. Andrew's College and St. Anne's School. A rare opportunity to secure a substantial parcel of land in one of Aurora's most prestigious communities. Explore the possibilities and bring your vision to life!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,203 |
| Lot Size | 81.47 ft x 508.64 ft |
| mls© Number | N13747554 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
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%
- $7,058
- Property tax
- $684
- Heat allowance
- $150
- Housing costs
- $7,892 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$243,000
gross annual household income
- Payment at 4%
- $5,803 / mo
- Cash down
- $275,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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