23 Cranberry Lane, Aurora, ON
Aurora Highlands, Aurora · MLS® N13497708
About this home
In short
- 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.
- 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...
- Additional bedrooms all have hardwood floors and bright windows .
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
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- 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
- 85
- 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 $1,599,000 with no offer date. Homes here have been closing close to ask, so my read is $1.54M, typically $1.51M to $1.58M. Comparable closings on their own put this home around $1.50M, which supports the ask, so this is a firm read.
Longer on the market than typical. 85 days on the market against about 34 for homes like it here, and asking 7% above where comparable closings put it.
One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.
Total price vs nearby homes. Likely closing about $1.54M, from 24 recent closings in this pocket.
The market behind the math:
About 2 months of inventory: 16 detached homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $581/sqft against an area asking average of $564/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 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.56M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($581/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 24 comparable homes that sold in Aurora Highlands over the past two years, from 187 closings there.
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 $574/sqft; this home lists at $581/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Aurora Highlands, Aurora, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 8 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.
Mortgage amount $1,279,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,002
- Property tax
- $688
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,690
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Estimated closing costs
- $28,455
Plus your down payment of $319,800. 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
- $420,121
- Principal paid down
- $158,164
- Interest paid
- $261,957
- Balance remaining
- $1,121,036
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 numbersThe last 22 whole-home leases in Aurora Highlands signed at a median of $5,385 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,263. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.