$900,000 - 148 Centre Street, Aurora
Detached for Sale in Aurora
33 days on market- MLS Number
- N13110808
- Property Type
- Detached
- Status
- active
- Days on Site
- 33
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Situated in the heart of prestigious Aurora Village, this exceptional 60 x 181.5 ft lot presents a rare opportunity to secure a prime piece of real estate in one of Aurora's most desirable and high-exposure locations. Surrounded by a vibrant mix of residential homes, established businesses, restaurants, parks, and schools, and just minutes to the GO Train, this property offers unmatched convenience and connectivity. The property could permit a wide range of potential uses including office, service commercial, restaurant, fitness, and other employment-oriented applications , making it an ideal candidate for investors, end-users, or developers looking to capitalize on Aurora's continued growth and strong demand. This standout lot delivers the flexibility and location to bring your vision to life. Opportunities like this in Aurora Village are few and far between - a premium lot, versatile permitted uses, and an unbeatable location all in one.
Estimate your monthly payments for this property
Estimated Payment
$4,617.47/mo
Includes CMHC insurance ($25,110)
5-yr fixed avg.
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.
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
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.
148 Centre Street, Aurora
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $818/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.
Market Position
At 33 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.
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 $3,750 (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.