433 Mavrinac Boulevard, Aurora, ON

Bayview Northeast, Aurora · MLS® N13198256

$1,729,800
For Sale
Listed 51 days ago
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7Bedrooms
5Bathrooms
2Garage · 4 parking
3000-3500Sq Ft

About this home

Sitting on a massive lot with Over 5,000 sqft of total living space, this all-brick home with an upgraded stone facade is the perfect blend of elegance, functionality, and location. The thoughtfully designed second floor boasts 3 large ensuites and 2 semi-ensuites, offering unmatched comfort and privacy. With over $100K in upgrades, including rich hardwood floors throughout the main and second levels, this home is truly move-in ready. The professionally finished walkout basement features 2 bedrooms, a full kitchen, and a large recreation space ideal for extended family or excellent rental income potential. The exterior shines with interlocking in both the front and back, adding curb appeal and low-maintenance outdoor living. With 6 bathrooms spread across all 3 levels, space and style abound. Just steps to parks and transit, and a short walk to Rick Hansen PS, one of Auroras top-rated schools. Plus, you're minutes to shops, Hwy 404.

Key facts

Property type
Detached, 2-Storey
MLS®
N13198256
Bedrooms
7 (5 + 2)
Bathrooms
5 (1 half)
Size
3000-3500
Lot
43 × 99.55 ft
Cross streets
Bayview Ave And Wellington
Parking
2 garage · 4 parking (none)
Driveway
Private
Basement
Apartment, Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,820 / 2025
Days on market
51
Listing brokerage
RE/MAX MILLENNIUM REAL ESTATE
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.92Mest. value

Listed at $1,729,800, this home is about 10% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.63M, 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 $1.43M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.47M

That comparable adjusts to $1.47M; the $1.92M estimate above is the median of all 8 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 Rick Hansen PS, 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 / Mavrinac Blvd is about a 1-minute walk away.

List price
$1.73MGreat deal$2.01MOverpriced

Total price vs nearby homes. Fair value about $1.92M, median of 8 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.64Mavg asking

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

33 Autumn Way$1.63M46 Scrivener Drive$2.00M98 Brookeview Drive$1.43M53 McClenny Drive$1.49M

The 4 closest active listings nearby.

See all comparable homes
1.73MThis home1.63M2.00M1.43M1.49MThis home vs active comparables
Live market pulseActive comparables in Bayview Northeast · median list $1.65M
$532this home / sqft
12active listings nearby
51days on market

This home lists 7% below the area average of $569/sqft.

30 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

Bayview Northeast, 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 / Mavrinac Blvd, about 100 m away

20+ transit stops2 grocery20+ dining20+ parks13 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.

Rural Aurora
$1.75M
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 Rick Hansen PS
88%
Rick Hansen PSPublic · Elementary · JK-8 · 0.2 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$7,884/mo
$324KIncome needed
5.3×Price ÷ income
$1,819Weekly 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 $7,884Property tax $652Total carry $8,535

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)
$7,385per month

Mortgage amount $1,383,840 · 4.14% over 25 years

$345,960Down payment (20.0%)
$1,383,840Loan before insurance
$0CMHC premium
$8,036Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,385
Property tax
$652
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,036

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

One-time closing costs

Ontario land transfer tax
$31,071
Estimated closing costs
$31,071

Plus your down payment of $345,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,969/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

$831,565Total interest paid
$2,215,405Total of all payments
Principal $1,383,840 Interest $831,565
YearPrincipalInterestBalance
1$32,419$56,198$1,351,421
2$33,775$54,842$1,317,647
3$35,187$53,429$1,282,459
4$36,659$51,957$1,245,800
5$38,193$50,424$1,207,608
6$39,790$48,826$1,167,818
7$41,454$47,162$1,126,363
8$43,188$45,428$1,083,175
9$44,995$43,621$1,038,180
10$46,877$41,739$991,303
11$48,838$39,778$942,465
12$50,881$37,736$891,584
13$53,009$35,607$838,575
14$55,226$33,390$783,349
15$57,536$31,080$725,813
16$59,943$28,673$665,870
17$62,450$26,166$603,420
18$65,062$23,554$538,357
19$67,784$20,832$470,573
20$70,619$17,997$399,954
21$73,573$15,043$326,381
22$76,651$11,966$249,731
23$79,857$8,760$169,874
24$83,197$5,419$86,677
25$86,677$1,939$0

At the end of your 5-year term

Total paid over the term
$443,081
Principal paid down
$176,232
Interest paid
$266,849
Balance remaining
$1,207,608

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
3.4%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.

4.4%
Gross yield
− Property tax $7,820− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $58,064

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX MILLENNIUM REAL ESTATE. MLS®/PropTx.

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