$1,449,999 - 7 Mahogany Court, Aurora
Detached for Sale in Aurora
105 days on market- MLS Number
- N12792516
- Property Type
- Detached
- Status
- active
- Days on Site
- 105
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Welcome to this beautifully renovated 2-storey executive home in the prestigious Aurora Highlands. Situated on a premium 60' wide pie-shaped lot on a highly sought-after dead-end court, this property backs onto Highview Public School - offering no rear neighbours, open views, and exceptional privacy. The professionally landscaped backyard is an entertainer's dream, featuring an inground saltwater pool & gazebo. Inside, enjoy approximately 3,250 sq/ft of finished living space with a bright, open-concept layout. Relax in the sun-filled family room with gas fireplace rough-in or entertain in the grand formal living room. A separate flexible room currently being used as a home office, can also serve as a formal dining room. Completing the main floor is a dining room with walk-out to the backyard, a fully renovated chef's kitchen with quartz countertops, top-of-the-line stainless steel appliances, and gas stove rough-in. The home offers four large bedrooms and three bathrooms, including a spacious primary retreat with walk-in closet and a renovated 4-piece ensuite featuring a large walk-in shower and double vanity. The finished basement provides excellent additional living space, while the 2-car garage offers extensive storage and direct entry to the laundry room. Steps to top-rated schools, public transit, and Case Woodlot Nature Trails - this is a rare opportunity to own a renovated turnkey home in one of Aurora's most established neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$6,413.83/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.
7 Mahogany Court, 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 $725/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.
Negotiation Opportunity
At 105 days on site, this property has exceeded the typical selling timeline for Aurora. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 3 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 $6,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.