$1,599,000 - 33 Walton Drive, Aurora
Multi-Family for Sale in Aurora
103 days on market- MLS Number
- N12849008
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 103
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Exceptional Development Opportunity In One Of Aurora's Most Sought-After Neighbourhoods! Situated On A Premium 116.93 x 123.47ft Lot (Irregular), This Site Presents Rare Zoning Flexibility That Allows A Variety Of Residential Options - Single Detached, Semi-Detached, Traditional Towns, Back-to-Back Towns, Stacked Town Units & Multi-Unit Dwellings. Located Just Steps Away From Aurora GO Station & Downtown Aurora, This Expansive Parcel Offers Incredible Potential For Builders, Investors & Developers Looking To Capitalize On High Demand In The Area. There Is Also Strong Support From The Town To Improve Neighbourhood Streetscape & Incentives For Potential Development Charge Credits! Existing Fourplex Structure On Site. Do Not Walk Property Without Showing. Do Not Enter Structure On Site!
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/mo
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.
33 Walton Drive, 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
Competitive Pricing
At $533/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.
Negotiation Opportunity
At 103 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.
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.
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 $6,663 (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.