385 Kennedy Street, Aurora, ON

Aurora Highlands, Aurora · MLS® N13415636

$2,799,000
For Sale
Listed 39 days ago
4Bedrooms
4Bathrooms
3Garage · 10 parking
3500-5000Sq Ft

About this home

Luxurious 3 Car Garage Home Located On An Exceptional 73.88 x 273.03 Ft Deep Lot In The Prestigious "Aurora Highlands". 4,208 S.F Above Grade + Partial Fin. Walk-Out Basement. Open to Above Grand Foyer. $$$ Upgrades: 8' Steel & Fiberglass front door w/multi-lock system. 10' Ceilings, 8' Doors & Office On Main. Hardwood / Laminate Flooring & Pot Lights Throughout. Custom Gourmet Kitchen with Built-in Appliances, Quartz Countertop & Full Backsplash w/ Pot Filler, Extended Cabinetry with Canopy & Valance Lighting, Large Centre Island w/ Wine Cellar & Breakfast Bar. Walk out to Large Deck overlooking Huge Backyard with South Exposure. Elegant Oak Staircase With Iron Pickets. Large Primary Bedroom w/6 Pcs Ensuite, His & Hers W/I Closets & Sitting area. All Bathrooms W/Quartz Vanity Tops. Partial Fin. Bsmt walk out to Stone Patio. Private Front Yard Framed By Mature Hedges. professional Landscaping with irrigation System. Prime Location Just Minutes To Prestigious Private Schools Such As St. Andrew's College & St. Anne's School. High Ranking Aurora High School. Steps To Scenic Trails Including Aurora Arboretum & Nearby Conservation Areas. Surrounded By Top Golf Courses Such As Magna Golf Club & St. Andrew's Valley Golf Club. Convenient Access To Aurora GO Station, Hwy 404, Shopping Plazas & All Major Amenities...

Key facts

Property type
Detached, 2-Storey
MLS®
N13415636
Bedrooms
4
Bathrooms
4 (1 half)
Size
3500-5000
Lot
73.88 × 273.03 ft
Cross streets
Bathurst / Kennedy St W
Parking
3 garage · 10 parking (attached)
Driveway
Private
Basement
Walk-Out, Partial Basement, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$11,734 / 2025
Days on market
39
Listing brokerage
HOMELIFE LANDMARK RH REALTY

Rooms

Bedroom 3Second4.69 × 4.69 m

semi ensuite · large closet · large window

BreakfastMain7.31 × 5.05 m

w/o to deck · pot lights · porcelain floor

Family RoomMain6.21 × 5.05 m

gas fireplace · pot lights · hardwood floor

Bedroom 2Second5.72 × 3.66 m

4 pc ensuite · walk-in closet(s) · large window

Bedroom 4Second5.20 × 4.25 m

semi ensuite · walk-in closet(s) · large window

RecreationBasement5.20 × 3.35 m

open stairs · pot lights · tile floor

SittingSecond6.73 × 3.66 m

overlooks backyard · combined w/br · large window

Living RoomMain4.57 × 3.66 m

pot lights · coffered ceiling(s) · hardwood floor

Dining RoomGround4.57 × 3.66 m

coffered ceiling(s) · pot lights · hardwood floor

KitchenMain7.31 × 5.05 m

quartz counter · pantry · centre island

Primary BedroomSecond6.73 × 3.66 m

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

OfficeMain4.57 × 3.04 m

french doors · pot lights · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.11Mest. value

Listed at $2,799,000, this home is about 33% above what comparable homes suggest. 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 $2.42M, a bit higher.

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 $1.90M
  • Adjusts to $1.90M

That comparable adjusts to $1.90M; the $2.11M 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.

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. Kennedy St / Bathurst St is about a 1-minute walk away.

List price
$1.97MGreat deal$2.80MOverpriced

Total price vs nearby homes. Fair value about $2.11M, 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.

  • 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.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Aurora Highlands · asking prices
$2.31Mavg asking

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

107 Windham Trail$1.90M6 Dennis Reed Court$2.79M15 Kenneth Campbell Court$3.10M23 Brookeview Drive$1.45M

The 4 closest active listings nearby.

See all comparable homes
2.80MThis home1.90M2.79M3.10M1.45MThis home vs active comparables
Live market pulseActive comparables in Aurora Highlands · median list $1.73M
$659this home / sqft
9active listings nearby
39days on market

This home lists 24% above the area average of $530/sqft.

18 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

31/ 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: Kennedy St / Bathurst St, about 26 m away

20+ transit stops1 dining5 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 Heights
$1.20M
Aurora Village
$1.55M
Hills of St Andrew
$2.18M
Aurora Estates
$4.02M
Bayview Wellington
$1.30M

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 Wellington PS
78%
Wellington PSPublic · Elementary · JK-8 · 1.6 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$12,757/mo
$519KIncome needed
5.4×Price ÷ income
$2,944Weekly 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 $12,757Property tax $978Total carry $13,735

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)
$11,949per month

Mortgage amount $2,239,200 · 4.14% over 25 years

$559,800Down payment (20.0%)
$2,239,200Loan before insurance
$0CMHC premium
$12,927Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,949
Property tax
$978
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,927

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

One-time closing costs

Ontario land transfer tax
$56,450
Estimated closing costs
$56,450

Plus your down payment of $559,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,513/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

$1,345,561Total interest paid
$3,584,761Total of all payments
Principal $2,239,200 Interest $1,345,561
YearPrincipalInterestBalance
1$52,457$90,934$2,186,743
2$54,651$88,740$2,132,092
3$56,937$86,454$2,075,155
4$59,318$84,072$2,015,837
5$61,800$81,591$1,954,037
6$64,385$79,006$1,889,653
7$67,078$76,313$1,822,575
8$69,884$73,507$1,752,691
9$72,807$70,584$1,679,885
10$75,852$67,538$1,604,033
11$79,025$64,366$1,525,008
12$82,330$61,060$1,442,678
13$85,774$57,616$1,356,904
14$89,362$54,029$1,267,542
15$93,100$50,291$1,174,442
16$96,994$46,396$1,077,448
17$101,051$42,339$976,397
18$105,278$38,113$871,119
19$109,681$33,709$761,438
20$114,269$29,121$647,168
21$119,049$24,341$528,119
22$124,029$19,362$404,091
23$129,217$14,174$274,874
24$134,622$8,769$140,253
25$140,253$3,138$0

At the end of your 5-year term

Total paid over the term
$716,952
Principal paid down
$285,163
Interest paid
$431,789
Balance remaining
$1,954,037

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
2.3%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.

3.2%
Gross yield
− Property tax $11,734− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $65,364

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

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