$1,255,000 - 84 Loraview Lane, Aurora
Detached for Sale in Aurora
104 days on market- MLS Number
- N12800612
- Property Type
- Detached
- Status
- active
- Days on Site
- 104
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Aurora
- Lot Size
- 5,490 sqft
- Listing Brokerage
- CENTURY 21 PERCY FULTON LTD.
Low Priced 2-Storey Detached in Aurora Highlands! Exceptional value offering 2,488 sq ft above grade with 4 bedrooms, 3 baths (plus 4th bath rough-in), 2 fireplaces, hardwood & ceramic floors throughout upper levels in addition to a professionally finished basement. Smart, spacious layout with no wasted space and no rear neighbours.Main floor features a sunken living room, formal dining room with French doors, main-floor laundry with walk-out, and a bright modern kitchen with an extended counter, breakfast bar, seamless open to the family room & walk-out to an oversized cedar deck (26' x 16') with sunshade.Upstairs you'll find generous bedrooms, a primary retreat with a double door entry, a sitting area, elegant ensuite & massive walk-in closet, a huge 'Common Room' with fireplace, a shared space designed for relaxation, socialization & various activities - ideal for media, office, or conversion options.Private, landscaped backyard oasis with significant depth, mature trees and expansive deck. Finished basement includes 'Hopper windows', large recreation room, cantina, workout area, storage, and 4th bath rough-in with possible secondary living potential. Aurora Highlands boasts a superior lifestyle & numerous amenities...Residents enjoy coveted 'Valley Park' at the end of Loraview Lane along with 9 other parks, extensive green space/trail systems, Case Woodlot's scenic 1.8 km loop, Golf courses, green space, & conservation land, 2 ice pads, community centres, sports fields & recreational facilities.Arts/Transit - Award-nominated productions at Theatre Aurora (ACT-CO recognized)Aurora GO Station with bus & train service to Union Station with Quick access to Hwy 404 for seamless commuting throughout the GTA. A rare combination of nature, recreation, arts, transit convenience, and refined suburban living - Incredible opportunity don't miss out!
Estimate your monthly payments for this property
Estimated Payment
$5,551.29/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.
84 Loraview 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 $628/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 104 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 $5,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.