$1,078,800 - 46 October Lane, Aurora
Semi-Detached for Sale in Aurora
37 days on market- MLS Number
- N13098292
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 37
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- HOMELIFE CLASSIC REALTY INC.
**INCREDIBLE VALUE PLAY** Fully Renovated (Over $200K) Home In Highly Sought-After Aurora Grove! Offering Approximately 2,500 Sq.Ft. Of Finished Living Space, This Beautifully Updated Home Features 5 Bedrooms, 4 Bathrooms, 2 Kitchens And A FINISHED BASEMENT With SEPARATE ENTRANCE - Ideal For Extended Family Or Flexible Living Potential.Bright Open-Concept Main Floor Features Brand New White Oak Engineered Hardwood Flooring, Modern Oak Staircase, Spacious Family Room With Gas Fireplace, And A Custom Kitchen With Premium Quartz Countertops, Stylish Backsplash, Stainless Steel Appliances And Breakfast Area With Walk-Out To Oversized Sun Deck And Fully Fenced Private Backyard.The Spacious Primary Bedroom Includes Two Double Closets And A Fully Renovated Ensuite With Soaker Tub And Rain Shower. The Finished Basement Offers 2 Bedrooms, Full 3-Piece Bathroom, Large Living Area, Separate Kitchen And Separate Entrance - Providing Excellent Multi-Generational Living Or Potential Income Flexibility.The Long Driveway Has Been Professionally Widened With Quality Interlock And Offers Rare 3-Car Parking Including Garage With Additional Storage Space.Extensive 2025 Upgrades Include: White Oak Engineered Hardwood Flooring, Oak Stairs, Renovated Bathrooms, Quartz Countertops & Backsplash, Fresh Paint, Roof, Brand New Furnace, Pot Lights, Designer Light Fixtures, Ecobee Smart Thermostat And Smart Security Door Lock.Located Minutes To Hwy 404, Top-Rated Schools, Parks, Transit, Shopping And All Amenities. Move-In Ready Home Combining Modern Upgrades, Functional Layout And Exceptional Value In One Of Aurora's Most Desirable Communities.
Estimate your monthly payments for this property
Estimated Payment
$4,771.90/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.
46 October Lane, 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 $719/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.
Market Position
At 37 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.
Excellent Flexibility
With 5 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 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 $4,495 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.