105 Murray Drive, Aurora, ON

Aurora Highlands, Aurora · MLS® N13523894

$1,650,000
For Sale
Listed 104 days agoNo offer date statedSitting longer than typical
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3Bedrooms
4Bathrooms
2Garage · 9 parking
2000-2500Sq ft

About this home

In short

  • This stunning home is complemented by a thoughtfully crafted new addition, offering refined design and exceptional functionality, features modern upgrades from...
  • It includes 2 brand-new kitchen and bathrooms, luxurious flooring, high ceilings, abundant pot lights, new roof, and professionally landscaped outdoor spaces that...
  • Enjoy the convenience of a spacious two-car garage and the flexibility of a fully finished basement complete with an in-law suite.
  • Corner lot home with two separate driveways and one side walk and tow deck, one on the side and one in the back.

This stunning home is complemented by a thoughtfully crafted new addition, offering refined design and exceptional functionality, features modern upgrades from top-to-bottom. It includes 2 brand-new kitchen and bathrooms, luxurious flooring, high ceilings, abundant pot lights, new roof, and professionally landscaped outdoor spaces that elevates everyday living. Spacious primary bedroom on the second floor featuring two walk-in closets and a private ensuite bathroom. Enjoy the convenience of a spacious two-car garage and the flexibility of a fully finished basement complete with an in-law suite. New energy-efficient windows and state-of-the-art appliances ensure comfort, style, and savings. If you're looking for a move-in-ready home in a sought-after Aurora location, this is the one. Don't miss your chance to own this exceptional gem. Corner lot home with two separate driveways and one side walk and tow deck, one on the side and one in the back.

Key facts

Property type
Detached, 2-Storey
MLS®
N13523894
Bedrooms
3
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
55 × 145 ft
Cross streets
Yonge St And Murray Drive.
Parking
2 garage · 9 parking (detached)
Driveway
Private Triple
Basement
Walk-Up, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Wood
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,229 / 2026
Days on market
104
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Great RoomLower4.90 × 4.80 m

3 pc bath · walk-up · double closet

FoyerMain2.75 × 1.45 m

pot lights · double closet · 2 pc bath

Bedroom 2In Between4.05 × 2.85 m

hardwood floor · double closet · overlooks backyard

LaundryIn Between2.55 × 1.55 m

b/i shelves · window · pot lights

Dining RoomMain7.35 × 5.15 m

combined w/living · overlooks frontyard · hardwood floor

Bedroom 3In Between4.05 × 2.70 m

hardwood floor · w/o to deck · pot lights

KitchenMain5.55 × 4.30 m

pot lights · b/i appliances · w/o to deck

KitchenLower2.00 × 1.00 m

b/i microwave · stainless steel sink · b/i microwave

Living RoomMain7.35 × 5.15 m

hardwood floor · pot lights · gas fireplace

Primary BedroomSecond5.90 × 4.25 m

his and hers closets · 5 pc ensuite · pot lights

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.61Mlikely sale price

Listed at $1,650,000. Going by how homes in Aurora Highlands and the wider GTA have actually closed against their asking prices (about 98%, 24 local closings in 90 days), the likely sale price is near $1.61M, if it sells. A realistic range is $1.51M to $1.81M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 104 days on the market against about 38 for homes like it here, and asking 46% above where comparable closings put it.

List price
$1.51MBelow recent closings$1.81MAbove recent closings

Total price vs nearby homes. Likely closing about $1.61M, from 24 recent closings in this pocket.

The market behind the math:

24sold nearby · 90 days
$1.36Mmedian sold price
96%of asking, on average
−1%prices vs a year ago
~27 dayshomes like this take to sell
104days on market so far
$2,781/moest. rent · 20 leases
2.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 7 detached homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $733/sqft against an area asking average of $605/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
  • Separate-entrance basement apartment features. A finished basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Aurora Highlands: 29 of the 148 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Aurora.
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 $983K. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully

Based on 24 comparable homes that sold in Aurora Highlands over the past two years, from 189 closings there.

What sellers nearby are askingCurrently listed nearby in Aurora Highlands · asking prices
$1.32Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.13M, which is where my estimate comes from.

Per square foot, these ask about $562/sqft; this home lists at $733/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.65MThis home1.45M1.59M999k1.38M1.19MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Aurora Highlands: $1.33M in September 2026, down 10% from a year ago, on 90 closings in 9 months.

Nov 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
November 2025$1.64M8
December 2025$1.68M7
February 2026$1.34M10
March 2026$1.37M14
April 2026$1.25M6
May 2026$1.43M13
June 2026$1.37M12
July 2026$1.44M10
September 2026$1.33M10

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Aurora Estates
$2.38M
Aurora Village
$1.69M
Aurora Heights
$1.07M
Hills of St Andrew
$2.17M
Bayview Southeast
$3.40M

Typical asking price of active listings of the same type, per area (outliers removed). Aurora.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$7,520/mo
$299KIncome needed
5.5×Price ÷ income
$1,735Weekly cost
$29,475Land transfer tax, one-time (Ontario)
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.

96%mortgage
Mortgage $7,520Property tax $352Total carry $7,873

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,299per month

Mortgage amount $1,320,000 · 4.49% over 25 years

$330,000Down payment (20.0%)
$1,320,000Loan before insurance
$0CMHC premium
$7,651Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,299
Property tax
$352
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,651

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

One-time closing costs

Ontario land transfer tax
$29,475
Estimated closing costs
$29,475

Plus your down payment of $330,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,834/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

$869,552Total interest paid
$2,189,552Total of all payments
Principal $1,320,000 Interest $869,552
YearPrincipalInterestBalance
1$29,457$58,125$1,290,543
2$30,794$56,788$1,259,749
3$32,192$55,390$1,227,557
4$33,654$53,928$1,193,902
5$35,182$52,400$1,158,720
6$36,780$50,803$1,121,941
7$38,449$49,133$1,083,491
8$40,195$47,387$1,043,296
9$42,020$45,562$1,001,276
10$43,928$43,654$957,348
11$45,923$41,659$911,425
12$48,008$39,574$863,417
13$50,187$37,395$813,230
14$52,466$35,116$760,764
15$54,848$32,734$705,915
16$57,339$30,243$648,577
17$59,942$27,640$588,635
18$62,664$24,918$525,971
19$65,509$22,073$460,462
20$68,483$19,099$391,979
21$71,593$15,989$320,386
22$74,843$12,739$245,543
23$78,241$9,341$167,302
24$81,794$5,788$85,508
25$85,508$2,074$0

At the end of your 5-year term

Total paid over the term
$437,910
Principal paid down
$161,280
Interest paid
$276,631
Balance remaining
$1,158,720

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
From 20 whole-home leases in Aurora Highlands$2,781/mo
$33,372Gross annual rent
1.5%Cap rate after taxes and upkeep
$2,563 to $3,293Typical rent range
~36 daysTo find a tenant, on average

The suite is real income here: basements rent in Aurora Highlands (29 of 148 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 20 whole-home leases in Aurora Highlands signed at a median of $2,881 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,781. 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.

2.0%
Gross yield
− Property tax $4,229− Insurance $1,400− Vacancy & upkeep $3,671Net operating income $24,072

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

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