$930,000 - 87 Richardson Drive, Aurora
Detached for Sale in Aurora
79 days on market- MLS Number
- N12925210
- Property Type
- Detached
- Status
- active
- Days on Site
- 79
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- ROYAL LEPAGE RCR REALTY
Welcome to this charming 1018 SF, freshly updated 3-bedroom 1960s bungalow, perfectly situated on a generous 50 x 150 ft lot with a fully fenced, private backyard. Bright and sunny throughout, this inviting home features beautiful hardwood floors and a freshly painted interior that creates a warm and welcoming atmosphere. The renovated kitchen ('17) offers modern updates while maintaining the home's classic character, and the stylishly updated main bathroom ('26) provides a fresh contemporary feel. The functional main floor layout includes three comfortable bedrooms and spacious living areas filled with natural light. The finished basement boast over 1000sf and adds valuable living space and features a rec room with a cozy gas fireplace. Lots of room for a exercise zone and home office. It also includes a convenient 3-piece bathroom, a dedicated laundry room, and ample storage and work space complete with built-in workbench. Step outside to enjoy the deep, private backyard ideal for relaxing and gardening. The expansive 240 sf composite, south-facing deck is a perfect spot for morning coffees for evening relaxing while enjoying the view of the backyard. This home offers the perfect balance of small-town charm and big-city convenience. Aurora is know for its excellent schools, family-friendly neighbourhoods, and strong sense of community. Residents enjoy more than 60 parks and over 700 acres of green space, scenic trails, and conservation areas such as Sheppard's Bush and the Aurora Arboretum. Conveniently located close to schools, shopping, parks, and transit, this move-in ready home offers comfort, space, and an exceptional lifestyle in one of York Region's most sough-after communities. Aurora's historic downtown features charming shops, cafes, and local restaurants, Town Park Home of the Farmers Market, while nearby GO Transit service and quick access to Highway 404 make commuting throughout the Greater Toronto Area easy and convenient.
Estimate your monthly payments for this property
Estimated Payment
$4,771.38/mo
Includes CMHC insurance ($25,947)
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.
87 Richardson Drive, 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
Premium Pricing
At $1329/sqft, this property is priced above the Aurora average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 79 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.