23 Cranberry Lane, Aurora, ON
Aurora Highlands, Aurora · MLS® N13497708
About this home
Welcome to 23 Cranberry Lane. This lovely 5 Bedroom home located in one of Auroras highly sought after neighborhoods. This home features spacious family room with picture window overlooking beautiful perennial gardens, hardwood floors ,fireplace. Enjoy your family gatherings in the elegant dining space. The sunken living room is ideal spot to entertain or just relax .It features hardwood floors, large bright windows .The well appointed kitchen features a separate island , SS appliances, lots of counter space, walk out to the deck and backyard, The principal bedroom boasts laminate floors, bright windows ,Walk in closet , 3 piece Ensuite. Additional bedrooms all have hardwood floors and bright windows . The lower level is an excellent space for an additional family room , in law suite .This area is a wide open space , fireplace ,pot lights, 3 piece bath , built in shelving and storage, storage room also in the basement .The backyard space features an interlock patio where you can enjoy the firepit , brand new fencing with a gate walking out to the expansive trail system. The mature trees enhance your privacy , enjoy the serene garden .This home is just waiting for the perfect buyer. A.B.Cairns built, Marley tile roof. No development behind, natural park land
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13497708
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Cross streets
- Bathurst /Highland Gate
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $8,260 / 2026
- Days on market
- 20
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
picture window · hardwood floor · fireplace
w/o to deck · pot lights · ceramic floor
laminate · pot lights · 3 pc bath
hardwood floor · window
laminate · double closet · walk-in closet(s)
pot lights · fireplace · b/i shelves
Hardwood Floor
hardwood floor · closet
stainless steel appl · w/o to deck · ceramic floor
hardwood floor · double closet
Hardwood Floor
Listed at $1,658,000, this home is about 13% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.70M, 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 $1.60M
- Adjusts to $1.60M
That comparable adjusts to $1.60M; the $1.47M estimate above is the median of all 8 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.
Total price vs nearby homes. Fair value about $1.47M, median of 8 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 7% above the area average of $564/sqft.
1 days faster than the Aurora average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Aurora Highlands, Aurora, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 279 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,326,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,078
- Property tax
- $688
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,766
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $29,635
- Estimated closing costs
- $29,635
Plus your down payment of $331,600. 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
- $424,690
- Principal paid down
- $168,917
- Interest paid
- $255,772
- Balance remaining
- $1,157,483
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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.