23 Kerr Lane, Aurora, ON
Bayview Northeast, Aurora · MLS® N13507982
About this home
Your dream oasis awaits at 23 Kerr Lane! This beautiful, bright & spacious detached home is nestled on a quiet street in Aurora's sought-after Bayview Northeast community that backs onto conservation & nature reserve trails. Set on a professionally landscaped lot with over 100K of organic beauty, inviting front porch with interlock driveway and private interlock backyard with firepit retreat. This impressive residence offers over 3,200 sq.ft. of living space designed for very comfortable & expansive family living and entertaining. The main level showcases hardwood and tile flooring throughout, spacious living and dining areas filled with natural light, and a welcoming family room featuring pot lights and a cozy gas fireplace. The eat-in kitchen is equipped with upgraded granite countertops & centre island with pot lights, stainless steel appliances, and a breakfast area with an inviting walkout to the beautiful backyard oasis retreat. The mudroom conveniently acts as a laundry room with tub, Scandinavian shelves & access to the garage. Upstairs, broadloom flooring extends throughout four generously sized bedrooms, including a luxurious primary suite with a walk-in closet and a spa-inspired 5-piece ensuite featuring dual vanities, a separate glass shower and jacuzzi tub. Two additional spacious bedrooms with study areas and walk-in closets that share a convenient 4-piece semi-ensuite bathroom. The full unfinished basement includes a bathroom rough-in and presents great potential for future living space, an in-law suite, or income-generating possibilities. Prime location close to Hwy. 404, YRT/Viva & GO Transit, exceptional primary & secondary schools, all major shopping, dining, entertainment, Cineplex Odeon and more... Don't miss out on this amazing opportunity!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13507982
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500
- Lot
- 44.95 × 108.64 ft
- Cross streets
- Bayview Ave. & St. John's Sideroad
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private Double
- Basement
- Unfinished, Full, Development Potential
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,862 / 2026
- Days on market
- 16
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
hardwood floor · large window · combined w/living
hardwood floor · double closet · combined w/dining
4 pc bath · tile floor · b/i vanity
2 pc bath · pedestal sink · tile floor
4 pc bath · b/i vanity · tile floor
tile floor · combined w/kitchen · w/o to patio
combined w/laundry · laundry sink · access to garage
gas fireplace · hardwood floor · pot lights
double sink · separate shower · b/i vanity
broadloom · walk-in closet(s) · semi ensuite
broadloom · double closet · casement windows
broadloom · 5 pc ensuite · walk-in closet(s)
broadloom · walk-in closet(s) · semi ensuite
stainless steel appl · centre island · granite counters
Listed at $1,548,000, this home is about 19% below comparable homes, worth a close look. 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 $1.47M, lower 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 $1.40M
- Adjusts to $1.40M
That comparable adjusts to $1.40M; the $1.91M 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.
On schools, this address is zoned for Dr. G.W. Williams SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Mavrinac Blvd / Ivy Jay CR is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $1.91M, 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 19% below the area average of $588/sqft.
5 days faster than the Aurora average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bayview Northeast, 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: Mavrinac Blvd / Ivy Jay CR, about 260 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 $1,238,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,609
- Property tax
- $655
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,264
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,435
- Estimated closing costs
- $27,435
Plus your down payment of $309,600. 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
- $396,514
- Principal paid down
- $157,711
- Interest paid
- $238,803
- Balance remaining
- $1,080,689
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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.