108 Kennedy Street, Aurora

Price: $8,950,000

6 bedrooms, 8 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N13175908

Set on an extraordinary 1.18-acre lot in the heart of Old Aurora, this iconic Kennedy Street West estate blends timeless elegance with modern luxury. Privately nestled among mature trees and manicured grounds, the residence offers an exceptional lifestyle in one of Aurora's most prestigious enclaves.Inside, every detail has been thoughtfully curated with a designer's eye - from custom wide-plank elm hardwood floors and soaring architectural ceilings to statement chandeliers and sun-filled principal rooms. The spectacular Cameo Kitchen is the centrepiece of the home, featuring bespoke cabinetry, professional-grade appliances, and magazine-worthy finishes that perfectly balance style and function.Elegant formal spaces and relaxed gathering areas are anchored by multiple fireplaces, creating warmth and sophistication throughout. The upper level features four spacious bedrooms, highlighted by a luxurious primary retreat with a custom walk-in dressing room and spa-inspired ensuite.The fully finished lower level extends the home's lifestyle appeal with two additional bedrooms, a dramatic stone fireplace, private gym, and a beautifully appointed wet bar designed as a secondary kitchen.Outdoors, the estate transforms into a resort-style oasis with a sparkling pool, expansive entertaining terraces, designer outdoor kitchen, and a custom cabana featuring retractable doors, a floor-to-ceiling stone fireplace, wet bar, and private 2-piece bath. A standalone sauna completes the ultimate wellness retreat.A four-car garage with handcrafted wood doors leads into a stunning custom mudroom with floor-to-ceiling walnut cabinetry.A rare offering of prestige, privacy, and exceptional design in one of Aurora's most coveted neighbourhoods.

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$8,950,000 - 108 Kennedy Street, Aurora

Detached for Sale in Aurora

6Beds
8Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N13175908
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
6
Bathrooms
8
Square Feet
5,000+ sqft
Neighbourhood
Aurora
Lot Size
1 sqft
Listing Brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Description

Set on an extraordinary 1.18-acre lot in the heart of Old Aurora, this iconic Kennedy Street West estate blends timeless elegance with modern luxury. Privately nestled among mature trees and manicured grounds, the residence offers an exceptional lifestyle in one of Aurora's most prestigious enclaves.Inside, every detail has been thoughtfully curated with a designer's eye - from custom wide-plank elm hardwood floors and soaring architectural ceilings to statement chandeliers and sun-filled principal rooms. The spectacular Cameo Kitchen is the centrepiece of the home, featuring bespoke cabinetry, professional-grade appliances, and magazine-worthy finishes that perfectly balance style and function.Elegant formal spaces and relaxed gathering areas are anchored by multiple fireplaces, creating warmth and sophistication throughout. The upper level features four spacious bedrooms, highlighted by a luxurious primary retreat with a custom walk-in dressing room and spa-inspired ensuite.The fully finished lower level extends the home's lifestyle appeal with two additional bedrooms, a dramatic stone fireplace, private gym, and a beautifully appointed wet bar designed as a secondary kitchen.Outdoors, the estate transforms into a resort-style oasis with a sparkling pool, expansive entertaining terraces, designer outdoor kitchen, and a custom cabana featuring retractable doors, a floor-to-ceiling stone fireplace, wet bar, and private 2-piece bath. A standalone sauna completes the ultimate wellness retreat.A four-car garage with handcrafted wood doors leads into a stunning custom mudroom with floor-to-ceiling walnut cabinetry.A rare offering of prestige, privacy, and exceptional design in one of Aurora's most coveted neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$39,588.87/mo

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5-yr fixed avg.

Principal: $7,160,000Interest: $4,716,661
Mortgage Amount$7,160,000
Total Interest$4,716,661
Est. Property Tax$6,340/mo
Total Cost$11,876,661

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 Kennedy Street, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,600/mo
Range: $4,760 - $6,440
Cap Rate (ROI)
-0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,600
Maintenance Fees-$0
Property Tax (est.)-$6,340
Insurance (est.)-$1,865
Net Cash Flow-$2,605

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1790/sqft, this property is priced above the Aurora average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 5,000 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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Aurora.

Bathroom Count Matters

With 8 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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    108 Kennedy Street, Aurora — $8,950,000 | Battaglia Team