7 Gilbert Drive, Aurora, ON

Aurora Estates, Aurora · MLS® N13246632

$3,598,000
For Sale
Listed 42 days ago
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5Bedrooms
5Bathrooms
3Garage · 15 parking
3500-5000Sq Ft

About this home

Nestled on a spectacular 2.26-acre estate lot, this exceptional custom-built Bungaloft offers over 6,000 sq. ft. of elegant living space, perfectly designed for luxurious family living and grand entertaining. Soaring cathedral ceilings and an open-concept layout create a bright, airy atmosphere throughout. The gourmet chef's kitchen features premium Sub-Zero and Thermador appliances, including a 6-burner gas stove, and overlooks the spacious principal rooms.The impressive two-storey family room, four fireplaces, extensive crown moulding, hardwood floors, pot lights, and solid oak staircase showcase the home's exceptional craftsmanship. A richly appointed wood-panelled library provides the perfect home office or private retreat. Enjoy breathtaking south-facing views of the surrounding forest and natural landscape.Step outside to a custom two-level deck with a built-in BBQ, ideal for entertaining while immersed in the tranquility of nature. The professionally finished walk-out basement offers outstanding additional living space, including two spacious bedrooms, each with its own ensuite bath-perfect for guests, extended family, or multi-generational living. A rare estate offering that seamlessly blends luxury, privacy, and timeless design. Paradise found.

Key facts

Property type
Detached, Bungaloft
MLS®
N13246632
Bedrooms
5 (3 + 2)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
313.43 × 369.57 ft
Cross streets
Yonge St. / Gilbert Dr.
Parking
3 garage · 15 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$18,686 / 2025
Days on market
42
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Family RoomMain6.10 × 7.32 m

gas fireplace · hardwood floor · built-in speakers

KitchenMain4.62 × 4.88 m

stainless steel appl · centre island · pantry

Bedroom 3Second3.66 × 4.57 m

broadloom · picture window · b/i closet

BreakfastMain3.66 × 4.88 m

hardwood floor · combined w/kitchen · overlooks backyard

Primary BedroomMain6.65 × 6.05 m

hardwood floor · 5 pc ensuite · his and hers closets

Living RoomMain6.45 × 4.37 m

vaulted ceiling(s) · fireplace · broadloom

Dining RoomMain5.56 × 4.37 m

vaulted ceiling(s) · combined w/living · pot lights

Bedroom 4Basement8.03 × 5.99 m

south view · 3 pc ensuite · walk-in closet(s)

Bedroom 5Basement7.32 × 4.29 m

south view · 3 pc ensuite · walk-in closet(s)

Bedroom 2Second3.66 × 5.36 m

broadloom · picture window · b/i closet

OfficeMain4.27 × 4.39 m

panelled · picture window · b/i bookcase

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$2.94Mest. value

Listed at $3,598,000, this home is tracking about 22% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($847/sqft) is below the area, so you are paying for extra space rather than a premium.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.99M, higher than the comparables and worth a second look.

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 $4.16M
  • Bedrooms +$30K
  • Bathrooms −$30K
  • Adjusts to $4.16M

That comparable adjusts to $4.16M; the $2.94M estimate above is the median of all 18 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 / Gilbert Dr is about a 6-minute walk away.

List price
$2.50MGreat deal$3.60MOverpriced

Total price vs nearby homes. Fair value about $2.94M, median of 18 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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Aurora Estates · asking prices
$3.28Mavg asking

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

60 Royal Hill Court$2.32M15 Jarvis Avenue$3.79M26 Calla Trail$3.90M216 Sunset Vista Court$2.40M8 Alm Court$3.99M

The 5 closest of 8 active listings nearby.

See all comparable homes
3.60MThis home2.32M3.79M3.90M2.40M3.99MThis home vs active comparables
Live market pulseActive comparables in Aurora Estates · median list $3.13M
$847this home / sqft
20active listings nearby
42days on market

This home lists 7% below the area average of $915/sqft.

22 days longer than the Aurora average (20 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

57/ 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 / Gilbert Dr, about 497 m away

20+ transit stops3 grocery20+ dining8 parks6 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
$1.40M
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 · 1.9 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$16,398/mo
$677KIncome needed
5.3×Price ÷ income
$3,784Weekly 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.

91%mortgage
Mortgage $16,398Property tax $1,557Total carry $17,956

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)
$15,360per month

Mortgage amount $2,878,400 · 4.14% over 25 years

$719,600Down payment (20.0%)
$2,878,400Loan before insurance
$0CMHC premium
$16,917Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,360
Property tax
$1,557
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,917

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

One-time closing costs

Ontario land transfer tax
$76,425
Estimated closing costs
$76,425

Plus your down payment of $719,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,656/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

$1,729,663Total interest paid
$4,608,063Total of all payments
Principal $2,878,400 Interest $1,729,663
YearPrincipalInterestBalance
1$67,431$116,892$2,810,969
2$70,252$114,071$2,740,718
3$73,190$111,132$2,667,527
4$76,251$108,071$2,591,276
5$79,441$104,882$2,511,835
6$82,764$101,559$2,429,071
7$86,226$98,097$2,342,846
8$89,832$94,490$2,253,013
9$93,590$90,733$2,159,423
10$97,505$86,818$2,061,918
11$101,583$82,739$1,960,335
12$105,832$78,490$1,854,503
13$110,259$74,063$1,744,244
14$114,871$69,452$1,629,373
15$119,676$64,647$1,509,697
16$124,682$59,641$1,385,015
17$129,897$54,426$1,255,118
18$135,330$48,992$1,119,788
19$140,991$43,331$978,797
20$146,889$37,434$831,908
21$153,033$31,290$678,876
22$159,434$24,889$519,442
23$166,103$18,220$353,339
24$173,050$11,272$180,289
25$180,289$4,034$0

At the end of your 5-year term

Total paid over the term
$921,613
Principal paid down
$366,565
Interest paid
$555,048
Balance remaining
$2,511,835

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
1.6%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.

2.5%
Gross yield
− Property tax $18,686− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $58,412

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

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