46 October Lane, Aurora

Price: $899,000

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: N13233298

Exceptional Value In Highly Sought-After Aurora Grove! Boasting Over $200,000 In Renovations, This Move-In Ready Home Offers Approximately 2,500 Sq.Ft. Of Finished Living Space With 3+2 Bedrooms, 4 Bathrooms, 2 Kitchens And A Finished Basement With Separate Entrance, Ideal For Multi-Generational Living Or Income Potential. The Bright And Functional Main Floor Features White Oak Engineered Hardwood Flooring, Modern Oak Staircase, Gas Fireplace And A Custom Kitchen With Premium Quartz Countertops And Matching Backsplash, Stainless Steel Appliances And Breakfast Area With Walk-Out To An Oversized Sun Deck And Fully Fenced Backyard. The Spacious Primary bedroom Includes His And Hers Closets And 4pc Ensuite. A Professionally Widened Interlock Driveway Offers Rare 3-Car Parking Plus Garage Storage. Extensive 2025 Upgrades Include Flooring, Bathrooms, Roof, Furnace, Paint, Pot Lights, Designer Fixtures, Ecobee Smart Thermostat And Smart Door Lock. Conveniently Located Closed To Hwy 404, Highly Rated School, Parks, Trails, Transit, Walmart, T&T Supermarket, Major Banks, Restaurants, Community Centre. A Rare Opportunity Combining Modern Upgrades, Functional Living Space And Exceptional Value In One Of Aurora's Most Desirable Family Communities.

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New Listing
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$899,000 - 46 October Lane, Aurora

Semi-Detached for Sale in Aurora

New — Listed 4 days ago
5Beds
4Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
N13233298
Property Type
Semi-Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Aurora
Listing Brokerage
KW Living Realty
Description

Exceptional Value In Highly Sought-After Aurora Grove! Boasting Over $200,000 In Renovations, This Move-In Ready Home Offers Approximately 2,500 Sq.Ft. Of Finished Living Space With 3+2 Bedrooms, 4 Bathrooms, 2 Kitchens And A Finished Basement With Separate Entrance, Ideal For Multi-Generational Living Or Income Potential. The Bright And Functional Main Floor Features White Oak Engineered Hardwood Flooring, Modern Oak Staircase, Gas Fireplace And A Custom Kitchen With Premium Quartz Countertops And Matching Backsplash, Stainless Steel Appliances And Breakfast Area With Walk-Out To An Oversized Sun Deck And Fully Fenced Backyard. The Spacious Primary bedroom Includes His And Hers Closets And 4pc Ensuite. A Professionally Widened Interlock Driveway Offers Rare 3-Car Parking Plus Garage Storage. Extensive 2025 Upgrades Include Flooring, Bathrooms, Roof, Furnace, Paint, Pot Lights, Designer Fixtures, Ecobee Smart Thermostat And Smart Door Lock. Conveniently Located Closed To Hwy 404, Highly Rated School, Parks, Trails, Transit, Walmart, T&T Supermarket, Major Banks, Restaurants, Community Centre. A Rare Opportunity Combining Modern Upgrades, Functional Living Space And Exceptional Value In One Of Aurora's Most Desirable Family Communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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

46 October Lane, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,776

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

Competitive Pricing

At $599/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.

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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    46 October Lane, Aurora — $899,000 | Battaglia Team