64 Spence Drive, Aurora, ON

Aurora Highlands, Aurora · MLS® N13173734

$1,949,000
For Sale
Listed 52 days ago
5Bedrooms
4Bathrooms
2Garage · 5 parking
3000-3500Sq Ft

About this home

Welcome to 64 Spence Drive - A True Aurora Masterpiece. This exceptional 4+1 bedroom, 4,200+ sq. ft. executive residence has been transformed through an approximate $500,000 custom renovation into one of Aurora's most distinguished family homes. From the beautifully interlocked driveway to the resort-style backyard, every detail of this home has been curated with uncompromising attention to luxury and livability. The main floor welcomes you through a custom modern front door into a fully open-concept, Alexa voice-activated smart home. A dramatic floating staircase with glass rail sets the tone for the elevated finishes throughout. The show stopping custom Luxeme kitchen features a 10 ft. quartz waterfall island with storage on both sides, matching quartz backsplash, built-in appliances by Thermador, Jenn-Air & Monogram, a custom Vent-A-Hood hood fan, and ingenious hidden drawer storage. A built-in full-size refrigerator and freezer are tucked into the generous pantry, alongside an elegant office nook. 7.5" engineered oak hardwood flows throughout the main floor, complemented by new windows, motorized blinds, 9 ft. ceilings, new paint, and custom cabinetry throughout. A few steps up reveals a dedicated theatre/family room - the perfect retreat for movie nights and entertaining. The upper level hosts 4 large bedrooms including a grand primary suite with 5-pc. Ensuite, plus a newly renovated main bathroom featuring heated floors. The fully finished basement offers a 5th bedroom, spacious rec room, custom bath with heated floors, pot lights, and new luxury vinyl flooring throughout. Step outside to your own private resort. The heated saltwater pool - complete with new liner and new heater - and a 5-person hot tub set beneath a gazebo create an outdoor living experience unlike any other. Exceptional landscaping provides lush privacy all season long. Ideally situated on a quiet, family-friendly street in one of Aurora's most coveted neighbourhoods close to all amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13173734
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
3000-3500
Lot
50.87 × 131.48 ft
Cross streets
Bathurst St To McClellan Way To Spence Dr.
Parking
2 garage · 5 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$7,437 / 2026
Days on market
52
Listing brokerage
GET SOLD REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.71Mest. value

Listed at $1,949,000, this home is about 14% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.52M, 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 $1.60M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.64M

That comparable adjusts to $1.64M; the $1.71M estimate above is the median of all 12 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. McClellan Way / Mahogany Crt is about a 2-minute walk away.

List price
$1.66MGreat deal$1.95MOverpriced

Total price vs nearby homes. Fair value about $1.71M, median of 12 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.
  • 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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.17Mavg asking

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

66 Kashani Court$1.87M105 Halldorson Avenue$2.25M70 Collins Crescent$2.40M

The 3 closest active listings nearby.

See all comparable homes
1.95MThis home1.87M2.25M2.40MThis home vs active comparables
Live market pulseActive comparables in Aurora Highlands · median list $1.60M
$600this home / sqft
18active listings nearby
52days on market

This home lists 12% above the area average of $538/sqft.

31 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 Highlands, 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

39/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: McClellan Way / Mahogany Crt, about 130 m away

20+ transit stops1 dining11 parks

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 Estates
$4.02M
Aurora Village
$1.55M
Aurora Heights
$1.20M
Hills of St Andrew
$2.18M
Bayview Southeast
$6.15M

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 Highview PS
68%
Highview PSPublic · Elementary · JK-8 · 0.2 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$8,883/mo
$360KIncome needed
5.4×Price ÷ income
$2,050Weekly 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 $8,883Property tax $620Total carry $9,503

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)
$8,320per month

Mortgage amount $1,559,200 · 4.14% over 25 years

$389,800Down payment (20.0%)
$1,559,200Loan before insurance
$0CMHC premium
$8,940Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,320
Property tax
$620
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,940

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

One-time closing costs

Ontario land transfer tax
$35,455
Estimated closing costs
$35,455

Plus your down payment of $389,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,106/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

$936,941Total interest paid
$2,496,141Total of all payments
Principal $1,559,200 Interest $936,941
YearPrincipalInterestBalance
1$36,527$63,319$1,522,673
2$38,055$61,791$1,484,619
3$39,646$60,199$1,444,973
4$41,305$58,541$1,403,668
5$43,032$56,813$1,360,636
6$44,832$55,013$1,315,803
7$46,708$53,138$1,269,096
8$48,661$51,184$1,220,434
9$50,697$49,149$1,169,738
10$52,817$47,028$1,116,920
11$55,027$44,819$1,061,894
12$57,328$42,517$1,004,565
13$59,726$40,119$944,839
14$62,224$37,621$882,615
15$64,827$35,018$817,788
16$67,539$32,307$750,249
17$70,364$29,482$679,885
18$73,307$26,539$606,578
19$76,373$23,472$530,204
20$79,568$20,278$450,636
21$82,896$16,949$367,740
22$86,364$13,482$281,376
23$89,976$9,870$191,400
24$93,740$6,106$97,661
25$97,661$2,185$0

At the end of your 5-year term

Total paid over the term
$499,228
Principal paid down
$198,564
Interest paid
$300,664
Balance remaining
$1,360,636

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$6,300/mo
$75,600Gross 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.

3.9%
Gross yield
− Property tax $7,437− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $58,447

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

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