48 Royal Road, Aurora

Price: $2,199,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13123226

Extremely Rare Opportunity to own the Best Ravine Property in Historic Town Park Area. Gorgeous and immensely private 80 foot wide property with a tranquil park-like setting. NEVER BEEN ON THE MARKET! This fully remodelled custom mid-century modern sidesplit evokes Muskoka living in the heart of the city while being just steps to all amenities. Soaring 10ft and vaulted ceilings, wide plank oak engineered hardwood throughout, a dramatic wall of oversized high-efficiency low-E argon windows, and a striking floating staircase create a bright and airy atmosphere filled with natural light. The interior showcases custom millwork throughout, rift-cut white oak interior doors, and two stunning masonry fireplaces with Napoleon log sets for warmth and elegance. The gourmet kitchen is a showpiece with custom cabinetry, modern stainless steel appliances, a gas stove, beverage centre, and seamless flow to the dining and living spaces. Bedrooms and baths are equally impressive, with three of the four bedrooms featuring their own private ensuites, offering exceptional comfort and privacy. Spa-like finishes include marble floors and walls in the ensuite and main bath, along with upgraded porcelain tiles in all additional areas. Every detail has been thoughtfully considered including an oversized 2-car garage, monitored alarm system, and ample storage. Step outside to your own private oasis featuring an oversized maintenance-free 32ft x 24ft deck, gas line for BBQ and fire table, hot tub R/I, professional landscaping with irrigation system, and maintenance-free leaf guard eavestroughs all designed for effortless outdoor living and entertaining. Town Park is the Hub of Aurora! Short walk to Go train, Farmers Market, Aurora Cultural Centre hosting Performing Arts, Concerts, and Music. Town Park hosts Outdoor Summer Concerts/Family Movie Nights, Children's Splash Park, and new Playground, Aurora Library and the New Town Square are all just a short walk away.

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$2,199,000 - 48 Royal Road, Aurora

Detached for Sale in Aurora

34 days on market
4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13123226
Property Type
Detached
Status
active
Days on Site
34
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Aurora
Lot Size
11,600 sqft
Listing Brokerage
YOUR HOME SOLD GUARANTEED REALTY IMPERIUM
Description

Extremely Rare Opportunity to own the Best Ravine Property in Historic Town Park Area. Gorgeous and immensely private 80 foot wide property with a tranquil park-like setting. NEVER BEEN ON THE MARKET! This fully remodelled custom mid-century modern sidesplit evokes Muskoka living in the heart of the city while being just steps to all amenities. Soaring 10ft and vaulted ceilings, wide plank oak engineered hardwood throughout, a dramatic wall of oversized high-efficiency low-E argon windows, and a striking floating staircase create a bright and airy atmosphere filled with natural light. The interior showcases custom millwork throughout, rift-cut white oak interior doors, and two stunning masonry fireplaces with Napoleon log sets for warmth and elegance. The gourmet kitchen is a showpiece with custom cabinetry, modern stainless steel appliances, a gas stove, beverage centre, and seamless flow to the dining and living spaces. Bedrooms and baths are equally impressive, with three of the four bedrooms featuring their own private ensuites, offering exceptional comfort and privacy. Spa-like finishes include marble floors and walls in the ensuite and main bath, along with upgraded porcelain tiles in all additional areas. Every detail has been thoughtfully considered including an oversized 2-car garage, monitored alarm system, and ample storage. Step outside to your own private oasis featuring an oversized maintenance-free 32ft x 24ft deck, gas line for BBQ and fire table, hot tub R/I, professional landscaping with irrigation system, and maintenance-free leaf guard eavestroughs all designed for effortless outdoor living and entertaining. Town Park is the Hub of Aurora! Short walk to Go train, Farmers Market, Aurora Cultural Centre hosting Performing Arts, Concerts, and Music. Town Park hosts Outdoor Summer Concerts/Family Movie Nights, Children's Splash Park, and new Playground, Aurora Library and the New Town Square are all just a short walk away.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,726.92/mo

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5-yr fixed avg.

Principal: $1,759,200Interest: $1,158,876
Mortgage Amount$1,759,200
Total Interest$1,158,876
Est. Property Tax$1,558/mo
Total Cost$2,918,076

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

48 Royal Road, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,558
Insurance (est.)-$458
Net Cash Flow+$1,784

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 $733/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 34 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.

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.

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.

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    48 Royal Road, Aurora | $2,199,000 | Battaglia Team