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$998,000
Aurora
85 Tyler Street, Aurora (Aurora Village), Ontario, L4G2N4
This 2-bedroom, 1-bathroom home in Aurora is for sale offering roughly 1,300 sq ft of space. Listed at $998,000, it is attractively priced about 23% below the $1,288,888 median asking price in Aurora. It has been on the market 50 days, fresher than the Aurora average of 64 days.
RARE OFFERING WITH ENDLESS POTENTIAL IN COVETED AURORA VILLAGE SURROUNDED BY LUXURY HOMES! Attention Builders, Developers and Visionaries! This is your chance to secure a 54 x 134.5 ft lot in the prestigious Aurora Village, surrounded by multi-million dollar homes on a picturesque tree-lined street. The existing 1 1/2 storey home invites creative redesign or the opportunity to build new, giving you the freedom to create a luxury residence that matches your vision. The backyard is flat, private and framed with mature hedges, and a newer east facing fence. This provides an ideal setting for outdoor living and custom landscaping. This property is zoned R3, permitting a detached dwelling and second suite dwelling, with potential for a third suite. Significant sewer infrastructure improvements were recently completed in preparation for future construction, and a new topographical survey is available to help guide future plans. Recent tear-downs and custom builds on Tyler Street and in the surrounding area have proven strong market demand and premium sale values. All of this is minutes to top-rated schools including St. Andrew's College, the Aurora Cultural Centre, Town Park, the library, boutique shopping, vibrant dining and GO Transit. This rare property offers the lifestyle, location and limitless potential to make your mark in one of Aurora's most admired neighbourhoods. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 64 days across the listings currently for sale in this city
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.
This 2-bed single family in Aurora (Aurora Village) has been listed for 50 days, which is 14 days fresher than the city average of 64. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $998,000, about 8.4× the local median household income of $119,000.
Carrying it typically needs a household income of about $194,944 (20% down, 25-yr amortization, stress-tested) — roughly 64% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4G)
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Loading rates, 30-yr amortization
Cash Needed to Close
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