5 Johnson Road, Aurora, ON

Aurora Highlands, Aurora · MLS® N13481874

$1,186,000
For Sale
Listed 24 days ago
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5Bedrooms
2Bathrooms
2Garage · 6 parking
700-1100Sq Ft

About this home

Location! Location! A rare opportunity to own a beautifully updated home on a premium 45.44X140.71ft lot in one of Aurora's most sought-after and rapidly transforming neighbourhoods. Surrounded by newly built multi-million-dollar custom homes, this property offers comfortable lifestyle, redevelopment potential, and long-term appreciation. Whether you choose to move in, renovate, expand, or build your dream home, the possibilities are endless.Tucked away on a quiet cul-de-sac with minimal traffic, this home offers a peaceful, family-friendly setting that's increasingly hard to find. Adding to its appeal is a fully fenced private backyard-a rare feature in this neighbourhood where many properties have open yards-providing an ideal space for children, pets, entertaining, or simply enjoying your own outdoor retreat. A standout feature is the legal, permit-approved basement apartment, offering immediate rental income with a current tenant who can stay or vacate to suit the buyer's needs. An ideal opportunity for investors or homeowners looking to offset mortgage costs, while also providing an excellent option for multi-generational living.Thoughtfully renovated in 2022, the home features updated flooring, a modern kitchen, and beautifully renovated bathrooms, creating a truly move-in-ready living experience. Major 2025 upgrades include a high-efficiency tankless water heater and a whole-home water softener system. Google smart security cameras with motion-activated lighting add modern convenience, enhanced security, and peace of mind.Ideally located just minutes from top-rated schools, parks, nature trails, shopping, restaurants, public transit, and all the amenities Aurora has to offer. A rare combination of location, income potential, modern upgrades, and future redevelopment value makes this an outstanding opportunity in one of Aurora's most desirable communities.

Key facts

Property type
Detached, Bungalow
MLS®
N13481874
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
700-1100
Lot
45.44 × 140.71 ft
Cross streets
Bathurst And Henderson
Parking
2 garage · 6 parking (detached)
Driveway
Private
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,218 / 2025
Days on market
24
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 2Main2.77 × 3.32 m
Dining RoomMain6.00 × 3.05 m

combined w/living · w/o to patio

RecreationLower3.00 × 6.00 m
Bedroom 5Lower2.00 × 3.00 m
Bedroom 3Lower5.79 × 2.74 m

Laminate

Bedroom 4Lower3.00 × 6.00 m
Living RoomMain6.00 × 3.05 m

combined w/dining · large window

Primary BedroomMain5.44 × 3.44 m
KitchenMain3.01 × 2.86 m

ceramic floor · w/o to deck

Moe’s TakeTeam Asgarian · Broker
Above comparables
$955Kest. value

Listed at $1,186,000, this home is about 24% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

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, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $925K
  • Bedrooms +$30K
  • Adjusts to $955K

That comparable adjusts to $955K; the $955K 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Seaton Dr / Glass Dr is about a 3-minute walk away.

List price
$618KGreat deal$1.19MOverpriced

Total price vs nearby homes. Fair value about $955K, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in Aurora Highlands · asking prices
$952kavg asking

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

74 Child Drive$980k31 Patrick Drive$950k2 Corbett Crescent$925k

The 3 closest active listings nearby.

See all comparable homes
1.19MThis home980k950k925kThis home vs active comparables
Live market pulseActive comparables in Aurora Highlands · median list $995K
$1,318this home / sqft
6active listings nearby
24days on market

3 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

48/ 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: Seaton Dr / Glass Dr, about 254 m away

20+ transit stops3 grocery20+ dining14 parks4 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 Estates
$4.02M
Aurora Village
$1.55M
Aurora Heights
$1.20M
Hills of St Andrew
$2.18M
Bayview Southeast
$6.15M

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 Regency Acres PS
66%
Regency Acres PSPublic · Elementary · JK-8 · 0.4 km awayBelow the GTA average · 66% meet the provincial standard

Affordability & Mortgage

Affordability
$5,405/mo
$223KIncome needed
5.3×Price ÷ income
$1,247Weekly 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 $5,405Property tax $435Total carry $5,840

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%
$
%
4.14%
%
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)
$5,063per month

Mortgage amount $948,800 · 4.14% over 25 years

$237,200Down payment (20.0%)
$948,800Loan before insurance
$0CMHC premium
$5,498Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,063
Property tax
$435
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,498

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

One-time closing costs

Ontario land transfer tax
$20,195
Estimated closing costs
$20,195

Plus your down payment of $237,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,150/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

$570,145Total interest paid
$1,518,945Total of all payments
Principal $948,800 Interest $570,145
YearPrincipalInterestBalance
1$22,227$38,531$926,573
2$23,157$37,601$903,416
3$24,125$36,632$879,291
4$25,135$35,623$854,156
5$26,186$34,572$827,970
6$27,281$33,477$800,689
7$28,422$32,335$772,266
8$29,611$31,147$742,655
9$30,850$29,908$711,805
10$32,140$28,618$679,665
11$33,485$27,273$646,181
12$34,885$25,873$611,295
13$36,344$24,413$574,951
14$37,865$22,893$537,086
15$39,448$21,309$497,638
16$41,099$19,659$456,539
17$42,818$17,940$413,722
18$44,609$16,149$369,113
19$46,475$14,283$322,638
20$48,419$12,339$274,220
21$50,444$10,314$223,776
22$52,554$8,204$171,222
23$54,752$6,006$116,470
24$57,042$3,716$59,428
25$59,428$1,330$0

At the end of your 5-year term

Total paid over the term
$303,789
Principal paid down
$120,830
Interest paid
$182,959
Balance remaining
$827,970

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$1,450/mo
$17,400Gross annual rent
0.7%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.

1.5%
Gross yield
− Property tax $5,218− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $8,869

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

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