87 Richardson Drive, Aurora, ON
Aurora Highlands, Aurora · MLS® N13504728
About this home
Welcome to this charming, freshly updated 3-bedroom 1960s bungalow, perfectly situated on a generous 50 x 150 ft lot with a fully fenced,private backyard. Bright and sunny throughout, this inviting home features beautiful hardwood floors and a freshly painted interior that creates awarm and welcoming atmosphere. The renovated kitchen ('17) offers modern updates while maintaining the home's classic character, and thestylishly updated main bathroom ('26) provides a fresh contempary feel. The functional main floor layout includes three comfortable bedroomsand spacious living areas filled with natural light. The finished basement adds valuable living space and features a rec room with a cozy gasfireplace. Lots of room for a exercise zone and home office. It also includes a convenient 3-piece bathroom, a dedicated laundry room, andample storage and work space complete with built-in workbench. Step outside to enjoy the deep, private backyard-fully fenced and ideal forrelaxing and gardening. The expansive 240 sf composite, south-facing deck is a perfect spot for morning coffees for evening relaxing whileenjoying the view of the backyard. This home offers the perfect balance of small-town charm and big-city convenience. Aurora is know for itsexcellent schools, family-friendly neighbourhoods, and strong sense of community. Residents enjoy more than 60 parks and over 700 acres ofgreen space, scenic trails, and conservation areas such as Sheppard's Bush and the Aurora Arboretum. Conveniently located close to schools,shopping, parks, and transit, this move-in ready home offers comfort, space, and an exceptional lifestyle in one of York Region's most soughafter communities. Aurora's historic downtown features charming shops, cafes, and local restaurants, Town Park Home of the Farmers Market,while nearby GO Transit service and quick access to Highway 404 make commuting throughout the Greater Toronto Area easy and convenient
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- N13504728
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 50 × 150 ft
- Cross streets
- Yonge and Henderson
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,789 / 2026
- Days on market
- 17
- Listing brokerage
- ROYAL LEPAGE RCR REALTY
Rooms
hardwood floor · closet · window
gas fireplace · broadloom · cedar closet(s)
laminate · b/i shelves · window
broadloom · pot lights · window
hardwood floor · crown moulding · window
concrete floor · closet
hardwood floor · crown moulding · w/o to deck
hardwood floor · closet · overlooks frontyard
hardwood floor · crown moulding · w/o to deck
vinyl floor · pantry · backsplash
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts 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. Henderson Dr / Baldwin Rd is about a 3-minute walk away.
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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 35% above the area average of $740/sqft.
4 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
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Henderson Dr / Baldwin Rd, about 233 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 $719,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,838
- Property tax
- $399
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,237
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,455
- Estimated closing costs
- $14,455
Plus your down payment of $179,800. 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
- $230,275
- Principal paid down
- $91,590
- Interest paid
- $138,685
- Balance remaining
- $627,610
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 ROYAL LEPAGE RCR REALTY. MLS®/PropTx.