48 Roy Harper Avenue, Aurora, ON

Rural Aurora, Aurora · MLS® N13127526

$1,550,000
For Sale
Listed 64 days ago
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4Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Stunning premium corner lot on a quiet dead-end street, facing onto beautiful green space. This bright and spacious home offers a thoughtfully designed, functional layout with approximately $200K in high-end upgrades. Featuring hardwood flooring throughout the main and second floors, a fully upgraded kitchen with custom cabinetry, gas stove, and stainless steel appliances, complemented by elegant chandeliers and pot lights throughout. The professionally finished basement provides exceptional additional living and entertainment space. Step into a generously sized backyard with professional interlocking-perfect for outdoor enjoyment. Situated in a warm, family-friendly neighborhood, just minutes to top-rated schools, parks, and all amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13127526
Bedrooms
4
Bathrooms
5
Size
2500-3000
Lot
47.94 × 91.9 ft
Cross streets
St John's Sideroad / Leslie St
Parking
2 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,675 / 2025
Days on market
64
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Bedroom 5Basement0.00 × 0.00 m

laminate · pot lights · open concept

Primary BedroomSecond6.53 × 3.84 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

BreakfastGround4.58 × 3.05 m

ceramic floor · open concept · combined w/kitchen

Bedroom 3Second3.81 × 3.05 m

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

RecreationBasement0.00 × 0.00 m

laminate · pot lights · open concept

Living RoomGround3.81 × 3.05 m

hardwood floor · pot lights · open concept

Bedroom 4Second4.27 × 3.71 m

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

Bedroom 2Second3.66 × 3.66 m

hardwood floor · closet · 4 pc ensuite

KitchenGround4.58 × 2.75 m

ceramic floor · stainless steel appl · w/o to yard

Family RoomGround4.88 × 3.79 m

hardwood floor · open concept · fireplace

Dining RoomGround5.03 × 3.71 m

hardwood floor · pot lights · open concept

Moe’s TakeTeam Asgarian · Broker
In line
$1.47Mest. value

Listed at $1,550,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.56M, a close match.

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 $1.40M
  • Bathrooms +$15K
  • Adjusts to $1.41M

That comparable adjusts to $1.41M; the $1.47M estimate above is the median of all 7 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.

On schools, this address is zoned for Dr. G.W. Williams SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Hartwell Way / Shurman St is about a 5-minute walk away.

List price
$1.45MGreat deal$1.64MOverpriced

Total price vs nearby homes. Fair value about $1.47M, median of 7 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Rural Aurora · asking prices
$1.58Mavg asking

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

177 Sikura Circle$1.45M39 MOWDER Drive$1.40M166 Baber Crescent$1.89M

The 3 closest active listings nearby.

See all comparable homes
1.55MThis home1.45M1.40M1.89MThis home vs active comparables
Live market pulseActive comparables in Rural Aurora · median list $1.45M
$564this home / sqft
7active listings nearby
64days on market

This home lists 3% above the area average of $548/sqft.

43 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

Rural Aurora, 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: Hartwell Way / Shurman St, about 373 m away

20+ transit stops2 grocery20+ dining19 parks8 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.

Bayview Northeast
$1.70M
Bayview Wellington
$1.30M
Bayview Southeast
$6.15M
Aurora Village
$1.55M
Aurora Heights
$1.20M

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 Whispering Pines PS
83%
Whispering Pines PSPublic · Elementary · JK-8 · 0.5 km awayHigher-rated than most nearby · 83% meet the provincial standard

Affordability & Mortgage

Affordability
$7,064/mo
$293KIncome needed
5.3×Price ÷ income
$1,630Weekly 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.

92%mortgage
Mortgage $7,064Property tax $640Total carry $7,704

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)
$6,617per month

Mortgage amount $1,240,000 · 4.14% over 25 years

$310,000Down payment (20.0%)
$1,240,000Loan before insurance
$0CMHC premium
$7,257Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,617
Property tax
$640
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,257

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

One-time closing costs

Ontario land transfer tax
$27,475
Estimated closing costs
$27,475

Plus your down payment of $310,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,037/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

$745,130Total interest paid
$1,985,130Total of all payments
Principal $1,240,000 Interest $745,130
YearPrincipalInterestBalance
1$29,049$50,356$1,210,951
2$30,264$49,141$1,180,687
3$31,530$47,875$1,149,157
4$32,849$46,556$1,116,308
5$34,223$45,182$1,082,086
6$35,654$43,751$1,046,431
7$37,146$42,260$1,009,286
8$38,699$40,706$970,587
9$40,318$39,087$930,268
10$42,005$37,401$888,264
11$43,762$35,644$844,502
12$45,592$33,813$798,910
13$47,499$31,906$751,411
14$49,486$29,919$701,926
15$51,556$27,849$650,370
16$53,712$25,693$596,658
17$55,959$23,446$540,699
18$58,300$21,106$482,399
19$60,738$18,667$421,661
20$63,279$16,126$358,382
21$65,926$13,480$292,456
22$68,683$10,722$223,773
23$71,556$7,849$152,217
24$74,549$4,856$77,668
25$77,668$1,738$0

At the end of your 5-year term

Total paid over the term
$397,026
Principal paid down
$157,914
Interest paid
$239,112
Balance remaining
$1,082,086

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$5,250/mo
$63,000Gross annual rent
3.0%Est. cap rate

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.

4.1%
Gross yield
− Property tax $7,675− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,995

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

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