42 Royal Road, Aurora, ON
Aurora Village, Aurora · MLS® N13155990
About this home
Known locally as The Cousins Farmhouse - a heritage property currently listed, not formally designated under the Ontario Heritage Act- set on a double-wide 100 ft lot. Approximately 3,000 sf of architectural integrity: original pine flooring, a farm-style kitchen, high ceilings, intricate wood mouldings, and a coffered family room. Recent improvements include new soffit, fascia, eavestrough, and downspouts, and a new boiler. The in-ground pool is currently being refinished - acid wash and paint over the gunite - with a new skimmer and robot in 2025, the pool will be ready for the season ahead. Over $40,000 spent on these capital upgrades. The main floor offers grand principal rooms served by a central bath. Upstairs, four bedrooms across two wings - a principal suite with renovated ensuite and two generous secondary bedrooms off the central hall, plus a separated wing above the kitchen and garage with a fourth bedroom, three-piece bath, and laundry. That wing reads as a private primary retreat, nanny suite, home office, or multi-generational quarters. The grounds are beautifully manicured, maintained by a local garden centre. Mature trees canopy a private yard for a quiet balance of sun and shade, with a hedged perimeter, a side yard for pets or play, and a hot tub sits next to a large deck perfect for entertaining. A double-car garage, additional carport, and ample parking. Sought after "Town Park" location, Shopping, dining, banks, and convenience retail all at your doorstep; GO Train access supports the commute for those needing easy access to the city.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13155990
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2500-3000
- Lot
- 110 × 114.29 ft
- Cross streets
- Yonge Street and Wellington Avenue
- Parking
- 2 garage · 9 parking (attached)
- Driveway
- Private Double
- Basement
- Unfinished
- Heating
- Water
- A/C
- Other
- Exterior
- Board & Batten
- Foundation
- Concrete, Stone
- Roof
- Shingles
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $7,675 / 2025
- Days on market
- 57
- Listing brokerage
- BOSLEY REAL ESTATE LTD.
Rooms
Wood
combined w/dining · gas fireplace
combined w/living · coffered ceiling(s)
gas fireplace · coffered ceiling(s)
Listed at $1,499,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Aurora Village, so I widened the search to the surrounding area.
Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.65M, 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 $1.60M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $1.55M
That comparable adjusts to $1.55M; the $1.62M estimate above is the median of all 14 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 (Aurora HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Yonge / Golf Links is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.62M, median of 14 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
- Weigh carefully
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 33% below the area average of $819/sqft.
36 days longer than the Aurora average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Aurora Village, Aurora, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Yonge / Golf Links, about 329 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Aurora.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,199,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,399
- Property tax
- $640
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,039
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,455
- Estimated closing costs
- $26,455
Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $383,963
- Principal paid down
- $152,718
- Interest paid
- $231,244
- Balance remaining
- $1,046,482
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BOSLEY REAL ESTATE LTD.. MLS®/PropTx.