12 Alm Court, Aurora, ON

Aurora Estates, Aurora · MLS® N13546970

$4,160,000
For Sale
Listed 101 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
7Bathrooms
3Garage · 11 parking
3500-5000Sq ft

About this home

Welcome to 12 Alm Court, a distinguished residence tucked away on a quiet court in Aurora. Surrounded by mature trees and professional landscaping, this home blends timeless architecture with modern comforts. Featuring spacious interiors, refined finishes, and seamless indoor-outdoor living, it offers the perfect setting for both everyday family life and grand entertaining

Key facts

Property type
Detached, Bungalow
MLS®
N13546970
Bedrooms
3+1 (4 total)
Bathrooms
7 (2 half)
Size
3500-5000 sq ft
Cross streets
Yonge St/Gilbert Dr
Parking
3 garage · 11 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Septic
Pool
Inground
Property tax
$15,035 / 2025
Days on market
101
Listing brokerage
BAY STREET INTEGRITY REALTY INC.

Rooms

RecreationLower14.58 × 9.35 m

broadloom · floor/ceil fireplace · wet bar

Dining RoomMain6.23 × 3.91 m

east view · cathedral ceiling(s) · built-in speakers

Living RoomMain6.04 × 4.93 m

sunken room · hardwood floor · gas fireplace

Game RoomLower13.31 × 8.15 m

tile floor · 3 pc bath · w/o to garden

LoftSecond6.65 × 4.78 m

broadloom · gas fireplace · skylight

Primary BedroomMain5.63 × 5.10 m

hardwood floor · gas fireplace · 5 pc ensuite

Bedroom 2Main4.83 × 4.03 m

hardwood floor · 4 pc ensuite · pot lights

KitchenMain8.55 × 6.73 m

hardwood floor · centre island · w/o to deck

BedroomLower4.00 × 7.20 m

broadloom · 4 pc bath · walk-in closet(s)

LibraryMain5.12 × 3.94 m

hardwood floor · gas fireplace · b/i bookcase

Bedroom 3Main4.18 × 4.51 m

hardwood floor · 4 pc ensuite · north view

Family RoomMain6.18 × 5.05 m

sunken room · hardwood floor · fireplace

Our TakeTeam Asgarian · Broker
Worth a closer look
$2.82Mautomated estimate, from recent sales

Listed at $4,160,000, about 48% above our estimate of $2.82M (homes like it typically land between $2.64M and $2.95M). A gap this wide is more often a limit of an automated estimate than a fact about the home, so treat the figure as a starting point, not a verdict.

Why $2.82M. The typical detached home sold in Aurora Estates over the past year went for about $1.70M (13 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $15,035 a year; the typical home sold here pays about $9,400.
  • ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▲ Raises it3 garage and 11 total parking spaces, against 2 and 4 typically.
  • ▲ Raises it3+1 bedrooms and 7 baths, against 4+1 and 5 typically.

Longer on the market than typical. 101 days on the market, and asking 48% above where comparable closings put it.

List price
$2.64MBelow our range$4.16MAbove our range

Total price vs nearby homes. Fair value about $2.82M, learned from recent GTA sales.

The market behind the math:

101days on market so far
$4,718/moest. rent · 7 leases
1.4%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $979/sqft against an area asking average of $824/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Aurora Estates basements rarely rent out (4 of 30 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Aurora.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the 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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.38M. Condition and finishes remain an in-person call.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Aurora Estates, so I widened the search to the surrounding area.

Based on 12 comparable homes that sold in Aurora Estates over the past two years, from 35 closings there.

Sold price trend

Median sold price for detached homes in Aurora: $1.24M in September 2026, down 5% from a year ago, on 383 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Aurora as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.30M43
November 2025$1.54M27
December 2025$1.37M23
January 2026$1.41M17
February 2026$1.39M25
March 2026$1.37M30
April 2026$1.32M32
May 2026$1.43M43
June 2026$1.30M51
July 2026$1.46M37
August 2026$1.36M22
September 2026$1.24M33

Neighbourhood & location

Aurora Estates, 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 Highlands
$1.35M
Aurora Village
$1.74M
Bayview Southeast
$3.40M
Aurora Heights
$1.08M
Hills of St Andrew
$2.18M

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
$18,960/mo
$762KIncome needed
5.5×Price ÷ income
$4,375Weekly cost
$90,475Land 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.

94%mortgage
Mortgage $18,960Property tax $1,253Total carry $20,213

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$18,401per month

Mortgage amount $3,328,000 · 4.49% over 25 years

$832,000Down payment (20.0%)
$3,328,000Loan before insurance
$0CMHC premium
$19,654Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18,401
Property tax
$1,253
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19,654

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

One-time closing costs

Ontario land transfer tax
$90,475
Estimated closing costs
$90,475

Plus your down payment of $832,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$22,272/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

$2,192,325Total interest paid
$5,520,325Total of all payments
Principal $3,328,000 Interest $2,192,325
YearPrincipalInterestBalance
1$74,267$146,546$3,253,733
2$77,639$143,174$3,176,094
3$81,164$139,649$3,094,930
4$84,849$135,964$3,010,081
5$88,702$132,111$2,921,380
6$92,729$128,084$2,828,651
7$96,939$123,874$2,731,712
8$101,341$119,472$2,630,371
9$105,942$114,871$2,524,429
10$110,752$110,061$2,413,677
11$115,781$105,032$2,297,896
12$121,038$99,775$2,176,859
13$126,533$94,280$2,050,325
14$132,278$88,535$1,918,047
15$138,284$82,529$1,779,763
16$144,563$76,250$1,635,200
17$151,127$69,686$1,484,073
18$157,988$62,825$1,326,085
19$165,162$55,651$1,160,923
20$172,661$48,152$988,262
21$180,500$40,313$807,762
22$188,696$32,117$619,066
23$197,263$23,550$421,803
24$206,220$14,593$215,583
25$215,583$5,230$0

At the end of your 5-year term

Total paid over the term
$1,104,065
Principal paid down
$406,620
Interest paid
$697,445
Balance remaining
$2,921,380

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 7 whole-home leases in Aurora Estates$4,718/mo
$56,616Gross annual rent
0.8%Cap rate after taxes and upkeep
$4,341 to $5,480Typical rent range

About the suite: in Aurora Estates basements rarely rent out (4 of 30 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 7 whole-home leases in Aurora Estates signed at a median of $4,648 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,718. 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.

1.4%
Gross yield
− Property tax $15,035− Insurance $1,400− Vacancy & upkeep $6,228Net operating income $33,953

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

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