526 Mavrinac Boulevard, Aurora, ON
Bayview Northeast, Aurora · MLS® N13695830
About this home
In short
- Gorgeous Open Concept Executive Home Situated On A Premium 58 Feet Lot In A Friendly Neighborhood.
- Thousands Of Upgrades, Professionally Finished Basement W/ Separate Entrance, Stunning Bay Window Main Floor Office, Sunny Spacious Loft, Large Master Br With Double...
Gorgeous Open Concept Executive Home Situated On A Premium 58 Feet Lot In A Friendly Neighborhood. An Absolute Must See. Thousands Of Upgrades, Professionally Finished Basement W/ Separate Entrance, Stunning Bay Window Main Floor Office, Sunny Spacious Loft, Large Master Br With Double Walk-In Closet & Luxurious Ensuite, All Bedrooms Access Baths, Step To Rick Hansen P.S., Min To 404, Go Train And Much More. Fit Every Living And Entertainment Need.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13695830
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 58 × 88.58 ft
- Cross streets
- Bayview And St. John's
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,499 / 2026
- Days on market
- 31
- Listing brokerage
- RE/MAX ATRIUM HOME REALTY
Rooms
broadloom · 4 pc bath · closet
broadloom · semi ensuite · closet
broadloom · east view · large window
hardwood floor · gas fireplace
ceramic floor · w/o to yard
hardwood floor · bay window · east view
Laminate
hardwood floor · combined w/br
b/i dishwasher · ceramic floor
laminate · pot lights
broadloom · walk-in closet(s) · 5 pc ensuite
broadloom · semi ensuite · walk-in closet(s)
Listed at $1,666,000. Recent sales of homes like it put this one around $1.48M, so the ask is about 13% above what similar homes have sold for.
If it sells at this ask, expect about $1.63M, typically $1.61M to $1.67M: that is where homes here have closed against their asks in the last 90 days (9 closings).
Total price vs nearby homes. Fair value about $1.48M, learned from recent GTA sales.
The market behind the math:
About 2 months of inventory: 6 detached homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $606/sqft against an area asking average of $583/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Bayview Northeast: 9 of the 72 detached leases here lately were basement units, around $1,900 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. 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 41 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.37M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Rick Hansen PS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($606/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 41 comparable homes that sold in Bayview Northeast over the past two years, from 68 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 $552/sqft; this home lists at $606/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
Bayview Northeast, 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: 6 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 $1,332,800 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,295
- Property tax
- $625
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,920
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $29,795
- Estimated closing costs
- $29,795
Plus your down payment of $333,200. 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
- $437,724
- Principal paid down
- $164,791
- Interest paid
- $272,933
- Balance remaining
- $1,168,009
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
The suite is real income here: basements rent in Bayview Northeast (9 of 72 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 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 numbersThe last 32 whole-home leases in Bayview Northeast signed at a median of $4,196 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,294. 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 RE/MAX ATRIUM HOME REALTY. MLS®/PropTx.