14178 Yonge Street, Aurora

Price: $1,690,000

3 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N12782434

Attention All Investors, Developers, And Builders, Great Opportunity To Purchase Infill Site In The Aurora Estates Community. This is large Lot 81.47ftx508.64ft property presents a rare and exceptional opportunity. Surrounded by luxury estate homes, Currently featuring an old bungalow with incredible redevelopment potential including multi-residential developments. Accessed by a long private driveway and enveloped by mature trees, Conveniently located with easy access to Highways 404 and 400, Close to St. Andrew's college and St. Anne's School top-tier private schools. Don't miss out on the chance to own a piece of land with incredible potential in one of Aurora's most sought-after communities!

14178 Yonge Street - Detached photo 1 of 5 in Aurora, Ontario
14178 Yonge Street - Detached photo 2 of 5 in Aurora, Ontario
14178 Yonge Street - Detached photo 3 of 5 in Aurora, Ontario
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14178 Yonge Street - Detached photo 5 of 5 in Aurora, Ontario
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$1,690,000 - 14178 Yonge Street, Aurora

Detached for Sale in Aurora

105 days on market
3Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N12782434
Property Type
Detached
Status
active
Days on Site
105
Bedrooms
3
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Aurora
Listing Brokerage
MASTER`S TRUST REALTY INC.
Description

Attention All Investors, Developers, And Builders, Great Opportunity To Purchase Infill Site In The Aurora Estates Community. This is large Lot 81.47ftx508.64ft property presents a rare and exceptional opportunity. Surrounded by luxury estate homes, Currently featuring an old bungalow with incredible redevelopment potential including multi-residential developments. Accessed by a long private driveway and enveloped by mature trees, Conveniently located with easy access to Highways 404 and 400, Close to St. Andrew's college and St. Anne's School top-tier private schools. Don't miss out on the chance to own a piece of land with incredible potential in one of Aurora's most sought-after communities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,475.44/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,352,000Interest: $890,632
Mortgage Amount$1,352,000
Total Interest$890,632
Est. Property Tax$1,197/mo
Total Cost$2,242,632

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

14178 Yonge Street, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$1,197
Insurance (est.)-$352
Net Cash Flow+$1,351

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

Fair Market Value

At $845/sqft, this property is priced in line with current Aurora market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 105 days on site, this property has exceeded the typical selling timeline for Aurora. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Aurora properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    14178 Yonge Street, Aurora — $1,690,000 | Battaglia Team