243 Murray Drive
Aurora Highlands, Aurora
$1,630,000
Exceptional luxury living in prestigious Aurora! Situated on a RARE PREMIUM 92-FT-WIDE LOT, This beautifully renovated and remodeled 5-bedroom residence offers a FULLY LEGAL BASEMENT WITH EXCELLENT RENTAL INCOME POTENTIAL. It is ideally located near TOP-RANKED SCHOOLS, with approximately $300.000 invested by the owner in renovations and upgrades. This remarkable property seamlessly combines luxury, comfort and outstanding investment potential. Bathed in natural light and offering NO HOMES DIRECTLY OVERLOOKING THE PROPERTY, THE HOME PROVIDES AN EXCEPTIONAL SENSE OF PRIVACY AND OPENNESS, A stunning 4 SEASON SUNROOM creates the perfect retreat to relax , entertain and enjoy the beauty of every season. Conveniently located just minutes from YONGE STREET, PUBLIC TRANSIT, SHOPPING CENTERS and an abundance of everyday amenities, this exceptional residence offers an outstanding lifestyle for families and investors alike. A RARE OPPORTUNITY TO OWN A BEAUTIFULLY UPGRADED HOME FEATURING A PREMIUM LOT, A LEGAL INCOME-GENERATING BASEMENT B, EXCEPTIONAL NATURAL LIGHT AND AN ENVIABLE LOCATION IN AURORA.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $6,651 |
| Lot Size | 92 ft x 111.08 ft |
| mls© Number | N14098026 |
| Listed By | Sutton Group Quantum Realty Inc., Brokerage |
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%
- $8,343
- Property tax
- $554
- Heat allowance
- $150
- Housing costs
- $9,047 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$278,000
gross annual household income
- Payment at 4%
- $6,859 / mo
- Cash down
- $326,000
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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