108 Cranberry Lane, Aurora

Price: $1,765,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13002116

Welcome to 108 Cranberry Lane-an exceptional, sun-filled executive residence in one of Aurora's most sought-after neighbourhoods, backing onto protected greenspace. This spacious 4-bedroom "August Model" offers a fantastic layout, a main-floor separate office, gleaming hardwood floors, granite countertops, 4 spacious bedrooms, 3 full bathrooms on the second level, and a partially finished walk-out basement, complete with a custom wet bar, built-in shelving, and ample storage. Step outside to a professionally landscaped yard with interlocking stone, perennial gardens, a generous deck, and a fully fenced yard overlooking serene green space - offering both privacy and natural beauty.

108 Cranberry Lane - Detached photo 1 of 1 in Aurora, Ontario
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New Listing
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$1,765,000 - 108 Cranberry Lane, Aurora

Detached for Sale in Aurora

New — Listed yesterday
4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13002116
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Aurora
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to 108 Cranberry Lane-an exceptional, sun-filled executive residence in one of Aurora's most sought-after neighbourhoods, backing onto protected greenspace. This spacious 4-bedroom "August Model" offers a fantastic layout, a main-floor separate office, gleaming hardwood floors, granite countertops, 4 spacious bedrooms, 3 full bathrooms on the second level, and a partially finished walk-out basement, complete with a custom wet bar, built-in shelving, and ample storage. Step outside to a professionally landscaped yard with interlocking stone, perennial gardens, a generous deck, and a fully fenced yard overlooking serene green space - offering both privacy and natural beauty.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,807.19/mo

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5-yr fixed avg.

Principal: $1,412,000Interest: $930,157
Mortgage Amount$1,412,000
Total Interest$930,157
Est. Property Tax$1,250/mo
Total Cost$2,342,157

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Aurora

Discover Aurora

Aurora is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Aurora

  • Convenient location in Aurora
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Aurora offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

108 Cranberry Lane, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,250
Insurance (est.)-$368
Net Cash Flow+$2,182

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $588/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Aurora's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Aurora are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Aurora. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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