31 Patrick Drive, Aurora, ON
Aurora Highlands, Aurora · MLS® N13560362
About this home
Welcome To 31 Patrick Dr, A Beautifully Renovated 3 Bedroom Bungalow On A Rare, Oversized Pie-Shaped Lot In Sought-After Southern Aurora. Located On A Quiet, Tree-Lined Street. The Main Floor Offers Open-Concept Living And Dining Areas, Three Spacious Bedrooms, One Currently Used As An Office With Walk-Out To A Large Deck, Perfect For Relaxing Or Entertaining And An Updated 3-Piece Bathroom. The Finished Basement With A Separate Entrance Includes A Large Bedroom And A Versatile Rec Room Ideal For Extended Family, Work-From-Home, Or Additional Living Space. With A 5-Car Driveway, Mature Trees, And No Sidewalk, This Property Blends Privacy, Functionality, And Curb Appeal. Situated Just Minutes From Top-Rated Schools, Scenic Trails, Parks, Transit, Shopping And Major Highways, This Is A Prime Opportunity In One Of Aurora's Most Established Family-Friendly Neighbourhoods.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13560362
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 51.96 × 191.4 ft
- Cross streets
- Henderson Dr & Yonge St
- Parking
- 1 garage · 6 parking (carport)
- Driveway
- Private
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,343 / 2025
- Days on market
- 3
- Listing brokerage
- LPT REALTY
Rooms
pot lights · window · dropped ceiling
double closet · window · broadloom
walk-up · w/o to yard · pot lights
closet · window · broadloom
combined w/dining · large window · open concept
double closet · window · hardwood floor
dropped ceiling · laundry sink
w/o to deck · overlooks backyard
combined w/living · large window · open concept
stainless steel appl · walk-out · pot lights
Listed at $950,000, this home is right in line with comparable homes. 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 $1.14M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $925K
- Adjusts to $925K
That comparable adjusts to $925K; the $925K 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.
Its 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 / Lee Gate is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $925K, 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- 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.
- Open-concept layout: modern, sought-after flow.
- Income potential
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 6% above the area average of $994/sqft.
17 days faster than the Aurora average (20 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 / Lee Gate, about 201 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 $760,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,056
- Property tax
- $445
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,501
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,475
- Estimated closing costs
- $15,475
Plus your down payment of $190,000. 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
- $243,339
- Principal paid down
- $96,786
- Interest paid
- $146,552
- Balance remaining
- $663,214
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 LPT REALTY. MLS®/PropTx.