12 Jarvis Avenue, Aurora, ON

Aurora Estates, Aurora · MLS® N13023356

$3,280,000
For Sale
Listed 88 days ago
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6Bedrooms
6Bathrooms
3Garage · 15 parking
3500-5000Sq Ft

About this home

Experience unparalleled elegance and timeless sophistication in this extraordinary estate. Set on a serene 2.2-acre ravine lot in one of Aurora's most exclusive enclaves, this spectacular property offers exceptional privacy and refined living.A gated entrance leads to a circular driveway with an oval centre garden, setting the stage for this impressive residence featuring 5+1 bedrooms, 6 bathrooms, and a 3-car garage. Highlights include 9-ft ceilings on the main and lower levels, a stunning 10-ft sunken family room, four skylights, two fireplaces, elegant chandeliers, and hardwood flooring throughout.The beautifully landscaped grounds are designed for resort-style living, featuring a private outdoor pool, multi-level deck, post lighting, and an emerald cedar fence that enhances both privacy and natural beauty.A rare offering where luxury and tranquility meet-don't miss this exceptional opportunity to own a magnificent oasis.

Key facts

Property type
Detached, 2-Storey
MLS®
N13023356
Bedrooms
6 (5 + 1)
Bathrooms
6 (1 half)
Size
3500-5000
Lot
165 × 570 ft
Cross streets
Yonge/Gilbert
Parking
3 garage · 15 parking (attached)
Driveway
Private Double
Basement
Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Asphalt Rolled
Sewer
Septic
Pool
Inground
Property tax
$13,478 / 2025
Days on market
88
Listing brokerage
REAL ONE REALTY INC.

Rooms

Bedroom 2Second5.10 × 4.70 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Bedroom 4Second4.11 × 3.84 m

hardwood floor · semi ensuite · large window

Family RoomMain5.25 × 3.26 m

hardwood floor · open concept · gas fireplace

LibraryMain3.08 × 3.63 m

hardwood floor · b/i bookcase · bay window

Bedroom 3Second3.95 × 3.80 m

hardwood floor · semi ensuite · large window

RecreationLower8.85 × 3.75 m

walk-out · tile floor · fireplace

BedroomLower4.33 × 3.25 m

3 pc ensuite · 3 pc ensuite · large window

Bedroom 5Second4.51 × 3.69 m

hardwood floor · 3 pc ensuite · large window

Living RoomMain5.28 × 4.05 m

hardwood floor · bay window · pot lights

Primary BedroomMain10.15 × 9.33 m

hardwood floor · 6 pc ensuite · picture window

KitchenMain5.82 × 4.81 m

granite counters · centre island · pot lights

Dining RoomMain4.35 × 3.63 m

hardwood floor · pot lights · french doors

Moe’s TakeTeam Asgarian · Broker
In line
$3.18Mest. value

Listed at $3,280,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Aurora Estates, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.81M, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2.50M
  • Bathrooms −$15K
  • Adjusts to $2.48M

That comparable adjusts to $2.48M; the $3.18M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Dr. G.W. Williams SS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Yonge St / Industrial Pkwy is about a 7-minute walk away.

List price
$2.48MGreat deal$3.41MOverpriced

Total price vs nearby homes. Fair value about $3.18M, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Worth verifying
  • Weigh carefully
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3.43Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

90 Offord Crescent$3.40M52 Child Drive$2.50M14 Alm Court$4.39M

The 3 closest active listings nearby.

See all comparable homes
3.28MThis home3.40M2.50M4.39MThis home vs active comparables
Live market pulseActive comparables in Aurora Estates · median list $3.75M
$772this home / sqft
7active listings nearby
88days on market

This home lists 20% below the area average of $970/sqft.

67 days longer than the Aurora average (21 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Aurora Estates, Aurora, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

66/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Yonge St / Industrial Pkwy, about 539 m away

20+ transit stops3 grocery20+ dining10 parks7 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Aurora Highlands
$1.39M
Aurora Village
$1.55M
Bayview Southeast
$6.15M
Aurora Heights
$1.20M
Bayview Northeast
$1.70M

Typical asking price of active listings of the same type, per area (outliers removed). Aurora.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Aurora Grove PS
69%
Aurora Grove PSPublic · Elementary · JK-8 · 1.7 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$14,949/mo
$606KIncome needed
5.4×Price ÷ income
$3,450Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $14,949Property tax $1,123Total carry $16,072

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,003per month

Mortgage amount $2,624,000 · 4.14% over 25 years

$656,000Down payment (20.0%)
$2,624,000Loan before insurance
$0CMHC premium
$15,126Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,003
Property tax
$1,123
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,126

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$68,475
Estimated closing costs
$68,475

Plus your down payment of $656,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17,008/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,576,791Total interest paid
$4,200,791Total of all payments
Principal $2,624,000 Interest $1,576,791
YearPrincipalInterestBalance
1$61,471$106,560$2,562,529
2$64,043$103,989$2,498,486
3$66,721$101,310$2,431,765
4$69,512$98,519$2,362,253
5$72,420$95,612$2,289,833
6$75,449$92,583$2,214,384
7$78,605$89,427$2,135,779
8$81,893$86,139$2,053,886
9$85,318$82,713$1,968,568
10$88,887$79,145$1,879,681
11$92,605$75,427$1,787,076
12$96,479$71,553$1,690,598
13$100,514$67,518$1,590,083
14$104,718$63,313$1,485,365
15$109,099$58,933$1,376,266
16$113,662$54,370$1,262,604
17$118,416$49,615$1,144,188
18$123,370$44,662$1,020,818
19$128,530$39,502$892,288
20$133,906$34,126$758,382
21$139,507$28,524$618,875
22$145,343$22,689$473,532
23$151,422$16,610$322,110
24$157,756$10,276$164,355
25$164,355$3,677$0

At the end of your 5-year term

Total paid over the term
$840,158
Principal paid down
$334,167
Interest paid
$505,991
Balance remaining
$2,289,833

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
1.9%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.7%
Gross yield
− Property tax $13,478− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $63,620

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL ONE REALTY INC.. MLS®/PropTx.

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