97 Zokol Drive, Aurora

Price: $960,000

6 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13080376

Sun-filled, fully renovated townhouse with separate entrance basement and rare 9-ft ceilings on the main floor in prestigious Bayview Northeast! This spacious 4+2 bedroom, 4 bathroom home features a functional layout and desirable south-facing exposure, bringing in abundant natural light throughout the day. Ideal for multi-generational living, offering flexibility and comfort for extended families.Extensively renovated after purchase, the home boasts a fully redesigned modern kitchen with quality finishes, along with a completely renovated second-floor ensuite bathroom. Freshly painted throughout and professionally cleaned, this home has been meticulously maintained and shows exceptionally well.The finished basement offers a separate entrance, providing excellent potential for an in-law suite or additional living space.Generous living and dining areas, well-sized bedrooms, and a bright, welcoming atmosphere make this home perfect for families. Conveniently located close to top-rated schools, parks, shopping, and transit.A true move-in ready home with multi-generational and income potential - not to be missed!

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$960,000 - 97 Zokol Drive, Aurora

Townhouse for Sale in Aurora

40 days on market
6Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13080376
Property Type
Townhouse
Status
active
Days on Site
40
Bedrooms
6
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Aurora
Listing Brokerage
BAY STREET GROUP INC.
Description

Sun-filled, fully renovated townhouse with separate entrance basement and rare 9-ft ceilings on the main floor in prestigious Bayview Northeast! This spacious 4+2 bedroom, 4 bathroom home features a functional layout and desirable south-facing exposure, bringing in abundant natural light throughout the day. Ideal for multi-generational living, offering flexibility and comfort for extended families.Extensively renovated after purchase, the home boasts a fully redesigned modern kitchen with quality finishes, along with a completely renovated second-floor ensuite bathroom. Freshly painted throughout and professionally cleaned, this home has been meticulously maintained and shows exceptionally well.The finished basement offers a separate entrance, providing excellent potential for an in-law suite or additional living space.Generous living and dining areas, well-sized bedrooms, and a bright, welcoming atmosphere make this home perfect for families. Conveniently located close to top-rated schools, parks, shopping, and transit.A true move-in ready home with multi-generational and income potential - not to be missed!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,925.30/mo

Includes CMHC insurance ($26,784)

$
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5-yr fixed avg.

Principal: $864,000Interest: $586,805
Mortgage Amount$890,784
Total Interest$586,805
Est. Property Tax$680/mo
Total Cost$1,477,589

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

97 Zokol Drive, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,780/mo
Range: $3,213 - $4,347
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,780
Maintenance Fees-$0
Property Tax (est.)-$680
Insurance (est.)-$200
Net Cash Flow+$2,900

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 $640/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 40 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Aurora have shown strong appreciation as families seek more space.

Excellent Flexibility

With 6 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 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.

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 $4,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    97 Zokol Drive, Aurora — $960,000 | Battaglia Team