167 Covent Crescent, Aurora, ON

Aurora Highlands, Aurora · MLS® N13418170

$1,469,900
For Sale
Listed 103 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Nestled within one of Aurora's most prestigious and picturesque communities, this exceptional 4-bedroom residence blends elegance, comfort, and modern sophistication.
  • Offering nearly 3,000 sq. ft. of beautifully finished living space, the home features smooth ceilings, custom lighting, and a thoughtfully designed layout that is...
  • Step outside to a private backyard retreat, thoughtfully designed for relaxation, entertaining, and enjoying the outdoors.
  • The fully finished basement provides additional living space with a versatile recreation area, ideal for movie nights, a home gym, games room, or family lounge.

Nestled within one of Aurora's most prestigious and picturesque communities, this exceptional 4-bedroom residence blends elegance, comfort, and modern sophistication. Located in the highly sought-after Aurora Highlands, surrounded by mature trees and timeless charm, the home reflects impeccable pride of ownership and meticulous attention to detail throughout. Offering nearly 3,000 sq. ft. of beautifully finished living space, the home features smooth ceilings, custom lighting, and a thoughtfully designed layout that is both functional and inviting. Step outside to a private backyard retreat, thoughtfully designed for relaxation, entertaining, and enjoying the outdoors. Whether hosting family gatherings or unwinding in a peaceful setting, this outdoor space offers the perfect extension of the home. The fully finished basement provides additional living space with a versatile recreation area, ideal for movie nights, a home gym, games room, or family lounge. Every space has been carefully designed to balance comfort, style, and functionality. The upgraded garage features a sleek epoxy-coated floor, modern lighting, and an EV charging station, adding convenience for today's homeowner. Surrounded by top-rated schools, scenic parks, walking trails, and a full range of amenities, this remarkable property offers an outstanding lifestyle in one of Aurora's most desirable neighborhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
N13418170
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
39.4 × 110.04 ft
Cross streets
Bathurst & Mcclellan
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,650 / 2026
Days on market
103
Listing brokerage
UPPERSIDE REAL ESTATE LIMITED

Rooms

Primary BedroomSecond4.50 × 3.24 m

4 pc ensuite · walk-in closet(s)

Living RoomGround3.81 × 3.28 m

combined w/dining · laminate · bay window

Family RoomGround4.85 × 3.24 m

large window · pot lights · brick fireplace

DenBasement3.85 × 3.24 m

laminate · pot lights

Bedroom 4Second3.28 × 3.38 m

large closet · bay window

BreakfastGround4.52 × 2.37 m

w/o to yard · ceramic floor · pot lights

Dining RoomGround3.89 × 2.96 m

combined w/living · laminate

Bedroom 2Second3.61 × 3.00 m

large closet · laminate

Bedroom 3Second3.11 × 3.00 m

large closet · laminate

RecreationBasement3.60 × 2.70 m

electric fireplace · laminate · pot lights

BedroomBasement3.81 × 3.28 m

3 pc ensuite · laminate · pot lights

KitchenGround3.60 × 2.71 m

renovated · stainless steel appl · pot lights

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.18Mautomated estimate, from recent sales

Listed at $1,469,900. Recent sales of homes like it put this one around $1.18M, so the ask is about 25% above what similar homes have sold for.

If it sells at this ask, expect about $1.42M, typically $1.38M to $1.46M: that is where homes here have closed against their asks in the last 90 days (24 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

Longer on the market than typical. 103 days on the market against about 34 for homes like it here, and asking 25% above where comparable closings put it.

List price
$1.10MBelow recent closings$1.47MAbove recent closings

Total price vs nearby homes. Fair value about $1.18M, learned from recent GTA sales.

The market behind the math:

24sold nearby · 90 days
$1.41Mmedian sold price
96%of asking, on average
+3%prices vs a year ago
~24 dayshomes like this take to sell
103days on market so far
$5,054/moest. rent · 21 leases
4.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 13 detached homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $653/sqft against an area asking average of $577/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 89 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.19M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Aurora HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 89 comparable homes that sold in Aurora Highlands over the past two years, from 187 closings there.

What sellers nearby are askingCurrently listed nearby in Aurora Highlands · asking prices
$1.43Mavg asking

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

Per square foot, these ask about $561/sqft; this home lists at $653/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.47MThis home1.30M1.40M1.55M1.60M1.29MThis home vs active comparables

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Aurora Estates
$2.36M
Aurora Village
$1.54M
Aurora Heights
$1.11M
Bayview Southeast
$2.41M
Bayview Northeast
$1.57M

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 · 0.3 km awayBelow the GTA average · 68% meet the provincial standard
Light Of ChristEQAO results not published
Also nearby: 5 more schools within 2.5 km
Light of Christ Catholic Elementary School · Catholic elementary0.4 km · 78% at standard
Our Lady of Hope Catholic Elementary School · Catholic elementary1.6 km · 84% at standard
St Joseph Catholic Elementary School · Catholic elementary1.6 km · 92% at standard
Regency Acres Public School · Public elementary1.7 km · 66% at standard
Oak Ridges Public School · Public elementary2.1 km · 62% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,699/mo
$273KIncome needed
5.4×Price ÷ income
$1,546Weekly cost
$25,873Land transfer tax, one-time (Ontario)
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 $6,699Property tax $471Total carry $7,170

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,437per month

Mortgage amount $1,175,920 · 4.39% over 25 years

$293,980Down payment (20.0%)
$1,175,920Loan before insurance
$0CMHC premium
$6,908Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,437
Property tax
$471
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,908

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

One-time closing costs

Ontario land transfer tax
$25,873
Estimated closing costs
$25,873

Plus your down payment of $293,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,798/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

$755,085Total interest paid
$1,931,005Total of all payments
Principal $1,175,920 Interest $755,085
YearPrincipalInterestBalance
1$26,610$50,631$1,149,310
2$27,791$49,450$1,121,520
3$29,024$48,216$1,092,496
4$30,312$46,928$1,062,184
5$31,657$45,583$1,030,526
6$33,062$44,178$997,464
7$34,530$42,710$962,934
8$36,062$41,178$926,872
9$37,663$39,577$889,209
10$39,334$37,906$849,874
11$41,080$36,160$808,794
12$42,903$34,337$765,891
13$44,807$32,433$721,083
14$46,796$30,444$674,287
15$48,873$28,367$625,414
16$51,042$26,198$574,372
17$53,307$23,933$521,065
18$55,673$21,567$465,392
19$58,144$19,096$407,248
20$60,725$16,516$346,523
21$63,420$13,820$283,103
22$66,234$11,006$216,869
23$69,174$8,066$147,695
24$72,244$4,996$75,450
25$75,450$1,790$0

At the end of your 5-year term

Total paid over the term
$386,201
Principal paid down
$145,394
Interest paid
$240,807
Balance remaining
$1,030,526

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
From 21 whole-home leases in Aurora Highlands$5,054/mo
$60,648Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,975 to $5,535Typical rent range
~36 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 21 whole-home leases in Aurora Highlands signed at a median of $5,376 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,054. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.1%
Gross yield
− Property tax $5,650− Insurance $1,400− Vacancy & upkeep $6,671Net operating income $46,927

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

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