56 Machell Avenue, Aurora, ON
Aurora Village, Aurora · MLS® N13540588
About this home
In short
- Nestled on one of Aurora Village's most coveted cul-de-sacs, this beautifully renovated 4-bedroom home offers a rare blend of historic charm, modern comfort, and an...
- Set on a stunning 53' x 200' lot backing directly onto Fleury Park and a tranquil stream, enjoy the privacy of no rear neighbours, towering mature trees, and an...
- Originally built in the 1880s and thoughtfully updated throughout, the home offers approximately 2,438 sq. ft. of bright, welcoming living space, featuring hardwood...
- Extensive recent improvements include full interior and exterior repainting, basement waterproofing, new sump pump, upgraded 1" municipal copper water service...
Nestled on one of Aurora Village's most coveted cul-de-sacs, this beautifully renovated 4-bedroom home offers a rare blend of historic charm, modern comfort, and an exceptional lifestyle setting. Set on a stunning 53' x 200' lot backing directly onto Fleury Park and a tranquil stream, enjoy the privacy of no rear neighbours, towering mature trees, and an expansive garden oasis centred around a spectacular patio of nearly 1,000 sq. ft., creating the perfect space for outdoor entertaining, family gatherings, or quiet evenings surrounded by nature. Originally built in the 1880s and thoughtfully updated throughout, the home offers approximately 2,438 sq. ft. of bright, welcoming living space, featuring hardwood floors, spacious principal rooms, a gourmet kitchen, and a luxurious primary retreat with vaulted ceilings and a spa-inspired ensuite. Unlike many character homes, the property is not heritage designated, allowing owners the freedom to enjoy its timeless appeal without added restrictions. Extensive recent improvements include full interior and exterior repainting, basement waterproofing, new sump pump, upgraded 1" municipal copper water service, high-efficiency pot lights throughout, refreshed stone walkways, and a whole-home water softening system. The detached garage, generous lot depth, and existing infrastructure offer outstanding flexibility for future expansion should your needs evolve. Located just steps from downtown Aurora, top-rated schools including Aurora High School, St. Andrew's College, St. Anne's School, and Aurora Heights Public School, this is a rare opportunity to enjoy country-like privacy and village charm while backing onto Fleury Park undergoing a transformative multi-million-dollar revitalization featuring new tennis and pickleball courts, sports facilities, playgrounds, and splash pad. A truly special property where character, nature,and community come together.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13540588
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 53 × 200 ft
- Cross streets
- Yonge & Wellington
- Parking
- 2 garage · 8 parking (detached)
- Driveway
- Private
- Basement
- Half
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Board & Batten
- Foundation
- Other
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,543 / 2025
- Days on market
- 74
- Listing brokerage
- Century 21 New Concept Simple Realty
Rooms
broadloom · window · closet
broadloom · window · closet
granite counters · closet · porcelain floor
broadloom · window · closet
heated floor · window floor to ceiling · w/o to garden
broadloom · cathedral ceiling(s)
gas fireplace · bay window · hardwood floor
stainless steel appl · granite counters · breakfast bar
Bay Window
bay window · hardwood floor
Listed at $1,849,000. Recent sales of homes like it put this one around $1.67M, so the ask is about 11% above what similar homes have sold for.
If it sells at this ask, expect about $1.75M, typically $1.68M to $1.80M: that is where homes here have closed against their asks in the last 90 days (16 closings).
Longer on the market than typical. 74 days on the market against about 45 for homes like it here, and asking 11% above where comparable closings put it.
Total price vs nearby homes. Fair value about $1.67M, learned from recent GTA sales.
The market behind the math:
About 2.3 months of inventory: 12 detached homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $822/sqft against an area asking average of $625/sqft. Size and $/sqft both feed the estimate above.
- Park / green-space backing. This home sits beside a ravine creek, and the listing says so too. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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 34 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.66M. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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.
Based on 34 comparable homes that sold in Aurora Village over the past two years, from 100 closings there.
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $642/sqft; this home lists at $822/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Aurora Village, 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: 10 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 $1,479,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,097
- Property tax
- $712
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,809
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $33,455
- Estimated closing costs
- $33,455
Plus your down payment of $369,800. 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
- $485,806
- Principal paid down
- $182,892
- Interest paid
- $302,913
- Balance remaining
- $1,296,308
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 8 whole-home leases in Aurora Village signed at a median of $3,846 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,780. 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 Century 21 New Concept Simple Realty. MLS®/PropTx.