48 Tonner Crescent, Aurora

Price: $1,849,900

7 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13091122

Welcome to this beautiful luxury home located in one of Aurora's most desirable and family-friendly neighbourhoods in the Bayview Northeast community. Offering over 3,300 sqft plus a finished basement, this renovated home is thoughtfully designed with open living spaces for family comfort, everyday living, and entertaining.Step through the covered front porch into a grand entryway featuring elegant coffered ceilings and custom fabric curtains. Main floor showcases hardwood flooring, extensive LED pot lights, and custom integrated built-in blinds throughout. Select walls are finished with luxury Roberto wallpaper & German wallpaper. Stunning luxury chandeliers complete the bright and welcoming main-floor setting. The main level offers a flexible layout, including home office with custom designer wallpaper, ideal for working from home or used as a 6th bedroom for parents & guests. Family room features large windows, a cozy fireplace, and custom built-in storage and display cabinetry with an integrated TV, creating a stylish gathering space. The formal living & dining rooms offer elegant detailing, for entertaining and special occasions. Kitchen has featuring abundant cabinetry, accent lighting, tile flooring, and a custom island with a built-in wine rack and stunning slab countertop. It opens to a bright breakfast area with walkout to the backyard. The 2nd floor offers 5 bedrooms with large storage closets. The primary suite includes separate his/hers walk-in closets and a luxurious 6-piece ensuite with glass shower and double vanity. One bedroom features abundant natural light, a custom closet, and a built-in study desk with integrated lighting. The finished basement is a 2+1 bedroom layout, second kitchen, open-concept living area, large space, second laundry & ample storage. Features include in-ceiling speakers, security cameras, EV charger

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$1,849,900 - 48 Tonner Crescent, Aurora

Detached for Sale in Aurora

38 days on market
7Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13091122
Property Type
Detached
Status
active
Days on Site
38
Bedrooms
7
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Aurora
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to this beautiful luxury home located in one of Aurora's most desirable and family-friendly neighbourhoods in the Bayview Northeast community. Offering over 3,300 sqft plus a finished basement, this renovated home is thoughtfully designed with open living spaces for family comfort, everyday living, and entertaining.Step through the covered front porch into a grand entryway featuring elegant coffered ceilings and custom fabric curtains. Main floor showcases hardwood flooring, extensive LED pot lights, and custom integrated built-in blinds throughout. Select walls are finished with luxury Roberto wallpaper & German wallpaper. Stunning luxury chandeliers complete the bright and welcoming main-floor setting. The main level offers a flexible layout, including home office with custom designer wallpaper, ideal for working from home or used as a 6th bedroom for parents & guests. Family room features large windows, a cozy fireplace, and custom built-in storage and display cabinetry with an integrated TV, creating a stylish gathering space. The formal living & dining rooms offer elegant detailing, for entertaining and special occasions. Kitchen has featuring abundant cabinetry, accent lighting, tile flooring, and a custom island with a built-in wine rack and stunning slab countertop. It opens to a bright breakfast area with walkout to the backyard. The 2nd floor offers 5 bedrooms with large storage closets. The primary suite includes separate his/hers walk-in closets and a luxurious 6-piece ensuite with glass shower and double vanity. One bedroom features abundant natural light, a custom closet, and a built-in study desk with integrated lighting. The finished basement is a 2+1 bedroom layout, second kitchen, open-concept living area, large space, second laundry & ample storage. Features include in-ceiling speakers, security cameras, EV charger

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,182.73/mo

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5-yr fixed avg.

Principal: $1,479,920Interest: $974,899
Mortgage Amount$1,479,920
Total Interest$974,899
Est. Property Tax$1,310/mo
Total Cost$2,454,819

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 Tonner Crescent, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,000/mo
Range: $4,250 - $5,750
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$5,000
Maintenance Fees-$0
Property Tax (est.)-$1,310
Insurance (est.)-$385
Net Cash Flow+$3,305

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 $617/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 38 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.

Excellent Flexibility

With 7 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 5 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 Tonner Crescent, Aurora — $1,849,900 | Battaglia Team