22 October Lane, Aurora, ON
Aurora Grove, Aurora · MLS® N13685772
About this home
In short
- Welcome to this beautifully maintained freehold townhome nestled in the highly sought-after Aurora Grove community.
- Featuring a functional layout, this home offers a spacious family-sized kitchen with a breakfast area, new countertops (2024), double sink, and upgraded cabinetry (2021).
- The inviting main level is enhanced with an updated front door (2021), stylish window shutters, and abundant natural light throughout.
- The finished basement adds valuable living space with a versatile recreation room and a full 3-piece bathroom, ideal for guests, a home office, or extended family.
- Conveniently located close to top-rated schools, parks, daycare, shopping, public transit, Highway 404, and the GO Station, this is an exceptional opportunity to own...
Welcome to this beautifully maintained freehold townhome nestled in the highly sought-after Aurora Grove community! Featuring a functional layout, this home offers a spacious family-sized kitchen with a breakfast area, new countertops (2024), double sink, and upgraded cabinetry (2021). The inviting main level is enhanced with an updated front door (2021), stylish window shutters, and abundant natural light throughout. Step outside to a rare 141-ft deep backyard complete with a gazebo-perfect for entertaining, family gatherings, or simply relaxing outdoors. Upstairs, the generous primary retreat boasts a sitting area and large closet. The finished basement adds valuable living space with a versatile recreation room and a full 3-piece bathroom, ideal for guests, a home office, or extended family. Conveniently located close to top-rated schools, parks, daycare, shopping, public transit, Highway 404, and the GO Station, this is an exceptional opportunity to own a move-in ready home in one of Aurora's most desirable neighbourhoods.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13685772
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 22.83 × 141.08 ft
- Cross streets
- Bayview Ave and Stone Rd
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,649 / 2026
- Days on market
- 62
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Listed at $838,000, about 1% above our estimate of $826K (homes like it typically land between $774K and $866K).
Why $826K. The typical townhouse sold in Aurora Grove over the past year went for about $940K (11 sales). What sets this one apart:
- ▼ Lowers it slightlyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▼ Lowers it slightly1 garage and 3 total parking spaces, against 2 and 4 typically.
Total price vs nearby homes. Fair value about $826K, learned from recent GTA sales.
The market behind the math:
About 5 months of inventory: 5 townhouse homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $645/sqft against an area asking average of $559/sqft.
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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $793K. Condition and finishes remain an in-person call.
What the listing highlights2 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
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 14 comparable homes that sold in Aurora Grove over the past two years, from 19 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $826K, which is where my estimate comes from.
Per square foot, these ask about $559/sqft; this home lists at $645/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Aurora: $899K in September 2026, down 3% from a year ago, on 101 closings in 11 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $988K | 8 |
| November 2025 | $913K | 10 |
| January 2026 | $899K | 5 |
| February 2026 | $931K | 6 |
| March 2026 | $919K | 12 |
| April 2026 | $915K | 20 |
| May 2026 | $830K | 8 |
| June 2026 | $875K | 9 |
| July 2026 | $985K | 8 |
| August 2026 | $860K | 7 |
| September 2026 | $899K | 8 |
Neighbourhood & location
Aurora Grove, 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) →
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $670,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,707
- Property tax
- $387
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,094
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,235
- Estimated closing costs
- $13,235
Plus your down payment of $167,600. 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
- $222,405
- Principal paid down
- $81,911
- Interest paid
- $140,495
- Balance remaining
- $588,489
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 16 whole-home leases in Aurora Grove signed at a median of $3,474 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,088. 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 REAL BROKER ONTARIO LTD.. MLS®/PropTx.