$1,990,000 - 385 Kennedy Street, Aurora
New Construction for Sale in Aurora
New — Listed 4 days ago- MLS Number
- N13415636
- Property Type
- New Construction
- Status
- active
- Days on Site
- 4
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- HOMELIFE LANDMARK RH REALTY
Luxurious 3 Car Garage Home Located On An Exceptional 73.88 x 273.03 Ft Deep Lot In The Prestigious "Aurora Highlands". 4,208 S.F Above Grade + Partial Fin. Walk-Out Basement. Open to Above Grand Foyer. $$$ Upgrades: 8' Steel & Fiberglass front door w/multi-lock system. 10' Ceilings, 8' Doors & Office On Main. Hardwood / Laminate Flooring & Pot Lights Throughout. Custom Gourmet Kitchen with Built-in Appliances, Quartz Countertop & Full Backsplash w/ Pot Filler, Extended Cabinetry with Canopy & Valance Lighting, Large Centre Island w/ Wine Cellar & Breakfast Bar. Walk out to Large Deck overlooking Huge Backyard with South Exposure. Elegant Oak Staircase With Iron Pickets. Large Primary Bedroom w/6 Pcs Ensuite, His & Hers W/I Closets & Sitting area. All Bathrooms W/Quartz Vanity Tops. Partial Fin. Bsmt walk out to Stone Patio. Private Front Yard Framed By Mature Hedges. professional Landscaping with irrigation System. Prime Location Just Minutes To Prestigious Private Schools Such As St. Andrew's College & St. Anne's School. High Ranking Aurora High School. Steps To Scenic Trails Including Aurora Arboretum & Nearby Conservation Areas. Surrounded By Top Golf Courses Such As Magna Golf Club & St. Andrew's Valley Golf Club. Convenient Access To Aurora GO Station, Hwy 404, Shopping Plazas & All Major Amenities...
Estimate your monthly payments for this property
Estimated Payment
$8,802.44/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.
385 Kennedy Street, Aurora
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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 $569/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.
Larger Home Realities
At 3,500 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.
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 $8,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.