$1,630,000

For sale

243 Murray Drive, Aurora (Aurora Highlands) - Single Family for Sale

243 Murray Drive, Aurora (Aurora Highlands), Ontario, L4G5X1

8 beds6 baths6 parking2,750 ft²92 × 111 ft (10,221 sq ft) lot sizeListed 15 days ago

Overview

This 8-bedroom, 6-bathroom home in Aurora is for sale offering roughly 2,750 sq ft of space. It has been on the market 15 days, fresher than the Aurora average of 44 days.

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Description

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 . 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. (id:66096)

Property Details

MLS®: N14098026
Property Type: Single Family
Bedrooms: 8
Beds (above / below): 5 above · 3 below
Bathrooms: 6
Half Baths: 1
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 92 × 111 ft (10,221 sq ft)
Frontage: 92 ft
Storeys: 2
Basement: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Garage door opener, Garage door opener remote(s), Water Heater - Tankless
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Aurora (Aurora Highlands) listings, avg age

44d

Price / ft²

$593

List price

$1.63M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 8-bed single family in Aurora (Aurora Highlands) has been listed for 15 days, which is 29 days fresher than the city average of 44. Act while there is still low competition.

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Listed by Sutton Group Quantum Realty Inc., Brokerage · ZOHREH ZEINALI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4G)

This home lists at $1,630,000, about 13.7× the local median household income of $119,000.

Carrying it typically needs a household income of about $318,396 (20% down, 25-yr amortization, stress-tested) — roughly 168% above the area median.

Median household income: $119,000
Population: 62,061
Median age: 42
Owner / renter: 81% / 19%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L4G)

$1,630,000· $593/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $326,000

Min 20%50%

Mortgage payment$6,952/mo

Property tax (est.)$554/mo

Total monthly$7,506

Cash Needed to Close

Down payment (20%)$326,000

Land transfer tax$29,075

Est. closing costs$7,390

Total cash needed$362,465

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