85 Tyler Street, Aurora, ON
Aurora Village, Aurora · MLS® N13447026
About this home
RARE OFFERING WITH ENDLESS POTENTIAL IN COVETED AURORA VILLAGE SURROUNDED BY LUXURY HOMES! Attention Builders, Developers and Visionaries! This is your chance to secure a 54 x 134.5 ft lot in the prestigious Aurora Village, surrounded by multi-million dollar homes on a picturesque tree-lined street. The existing 1 1/2 storey home invites creative redesign or the opportunity to build new, giving you the freedom to create a luxury residence that matches your vision. The backyard is flat, private and framed with mature hedges, and a newer east facing fence. This provides an ideal setting for outdoor living and custom landscaping. This property is zoned R3, permitting a detached dwelling and second suite dwelling, with potential for a third suite. Significant sewer infrastructure improvements were recently completed in preparation for future construction, and a new topographical survey is available to help guide future plans. Recent tear-downs and custom builds on Tyler Street and in the surrounding area have proven strong market demand and premium sale values. All of this is minutes to top-rated schools including St. Andrew's College, the Aurora Cultural Centre, Town Park, the library, boutique shopping, vibrant dining and GO Transit. This rare property offers the lifestyle, location and limitless potential to make your mark in one of Aurora's most admired neighbourhoods.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- N13447026
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 1100-1500
- Lot
- 54 × 134.5 ft
- Cross streets
- George St/Tyler St
- Parking
- 1 garage · 3 parking (detached)
- Driveway
- Private
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Aluminum Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,556 / 2025
- Days on market
- 32
- Listing brokerage
- RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Rooms
Listed at $1,038,000, this home is tracking about 23% 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 ($798/sqft) is in line with 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.06M, 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 $998K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $953K
That comparable adjusts to $953K; the $846K estimate above is the median of all 5 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, this is a very walkable address with everyday errands close by. Wellington St / George St is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $846K, median of 5 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 4% below the area average of $835/sqft.
11 days longer than the Aurora average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Aurora Village, Aurora, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Wellington St / George St, about 235 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Aurora.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $830,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,431
- Property tax
- $463
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,894
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,235
- Estimated closing costs
- $17,235
Plus your down payment of $207,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $265,879
- Principal paid down
- $105,752
- Interest paid
- $160,128
- Balance remaining
- $724,648
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK PEGGY HILL GROUP REALTY. MLS®/PropTx.