23 Kerr Lane, Aurora, ON

Bayview Northeast, Aurora · MLS® N13711414

$1,498,888
For Sale
Listed 26 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Your dream oasis awaits at 23 Kerr Lane.
  • The main level showcases hardwood and tile flooring throughout, spacious living and dining areas filled with natural light, and a welcoming family room featuring pot...
  • Eat-in kitchen is equipped with upgraded crown molding cabinets, granite countertops & centre island with pot lights, stainless steel appliances, and breakfast area...
  • Upstairs, broadloom flooring extends throughout four generously sized bedrooms, including a luxurious primary suite with a walk-in closet and a spa-inspired 5-piece...
  • The full unfinished basement includes a 200 amp electrical panel, bathroom rough-in and presents great potential for future living space, an in-law suite, or...

Your dream oasis awaits at 23 Kerr Lane! This beautiful, bright & spacious detached home is nestled on a quiet street in Aurora's sought-after Bayview Northeast community that backs onto conservation & nature reserve trails. Set on a professionally landscaped lot with 100K of organic beauty, inviting front porch with interlock driveway and private interlock backyard with firepit retreat and natural gas BBQ line. This impressive residence offers over 3,200 sq.ft. of living space designed for very comfortable & expansive family living and entertaining. The main level showcases hardwood and tile flooring throughout, spacious living and dining areas filled with natural light, and a welcoming family room featuring pot lights and gas fireplace. Eat-in kitchen is equipped with upgraded crown molding cabinets, granite countertops & centre island with pot lights, stainless steel appliances, and breakfast area with an inviting walkout to the beautiful backyard oasis retreat. Upstairs, broadloom flooring extends throughout four generously sized bedrooms, including a luxurious primary suite with a walk-in closet and a spa-inspired 5-piece ensuite featuring dual vanities, a separate glass shower and jacuzzi tub. Two additional spacious bedrooms with study areas and walk-in closets that share a convenient 4-piece semi-ensuite bathroom. The full unfinished basement includes a 200 amp electrical panel, bathroom rough-in and presents great potential for future living space, an in-law suite, or income-generating possibilities. Prime location close to Hwy. 404, YRT/Viva & GO Transit, exceptional primary & secondary schools, all major shopping, dining, entertainment, Cineplex Odeon and more... Don't miss out on this amazing opportunity!

Key facts

Property type
Detached, 2-Storey
MLS®
N13711414
Bedrooms
4
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
44.95 × 108.64 ft
Cross streets
Bayview Ave. & St. John's Sideroad
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Unfinished, Full, Development Potential
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,862 / 2026
Days on market
26
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Living RoomMain5.36 × 4.52 m

hardwood floor · double closet · combined w/dining

Bedroom 2Second3.61 × 4.70 m

broadloom · walk-in closet(s) · semi ensuite

Powder RoomMain1.37 × 1.73 m

2 pc bath · pedestal sink · tile floor

Bedroom 3Second3.91 × 4.55 m

broadloom · walk-in closet(s) · semi ensuite

BreakfastMain4.85 × 3.12 m

tile floor · combined w/kitchen · w/o to patio

Primary BedroomSecond7.49 × 6.30 m

broadloom · 5 pc ensuite · walk-in closet(s)

BathroomSecond2.69 × 1.50 m

4 pc bath · tile floor · b/i vanity

Family RoomMain4.62 × 5.71 m

gas fireplace · hardwood floor · pot lights

BathroomSecond1.55 × 4.70 m

4 pc bath · b/i vanity · tile floor

KitchenMain4.55 × 3.12 m

stainless steel appl · centre island · granite counters

Bedroom 4Second3.81 × 3.17 m

broadloom · double closet · casement windows

BathroomSecond2.90 × 4.85 m

double sink · separate shower · b/i vanity

Dining RoomMain4.55 × 4.78 m

hardwood floor · large window · combined w/living

Mud RoomMain1.75 × 2.31 m

combined w/laundry · laundry sink · access to garage

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.47Mlikely closing

Listed at $1,498,888 with no offer date. Homes here have been closing close to ask, so my read is $1.47M, typically $1.45M to $1.50M. Comparable closings on their own put this home around $1.47M, which supports the ask, so this is a firm read.

List price
$1.45MBelow recent closings$1.50MAbove recent closings

Total price vs nearby homes. Likely closing about $1.47M, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$1.31Mmedian sold price
98%of asking, on average
−15%prices vs a year ago
~31 dayshomes like this take to sell
26days on market so far
$4,418/moest. rent · 33 leases
3.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $461/sqft against an area asking average of $558/sqft. Size and $/sqft both feed the estimate above.

  • Park / green-space backing. This home is described as backing onto a ravine or green setting, 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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.45M. 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.

  • 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
  • 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

On schools, this address is zoned for Dr. G.W. Williams SS, 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.

Based on 9 comparable homes that sold in Bayview Northeast over the past two years, from 68 closings there.

Neighbourhood & location

Bayview Northeast, 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.

Rural Aurora
$1.41M
Aurora Village
$1.54M
Bayview Southeast
$2.41M
Aurora Heights
$1.11M
Aurora Estates
$2.36M

Typical asking price of active listings of the same type, per area (outliers removed). Aurora.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Hartman PS
85%
Hartman PSPublic · Elementary · JK-8 · 0.7 km awayHigher-rated than most nearby · 85% meet the provincial standard
Also nearby: 4 more schools within 2.5 km
Whispering Pines Public School · Public elementary0.7 km · 83% at standard
Rick Hansen Public School · Public elementary0.8 km · 88% at standard
Northern Lights Public School · Public elementary1.6 km · 76% at standard
Stonehaven Elementary School · Public elementary2.3 km · 79% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,831/mo
$284KIncome needed
5.3×Price ÷ income
$1,576Weekly cost
$26,453Land 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.

91%mortgage
Mortgage $6,831Property tax $655Total carry $7,487

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,564per month

Mortgage amount $1,199,110 · 4.39% over 25 years

$299,778Down payment (20.0%)
$1,199,110Loan before insurance
$0CMHC premium
$7,219Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,564
Property tax
$655
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,219

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

One-time closing costs

Ontario land transfer tax
$26,453
Estimated closing costs
$26,453

Plus your down payment of $299,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,952/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

$769,976Total interest paid
$1,969,086Total of all payments
Principal $1,199,110 Interest $769,976
YearPrincipalInterestBalance
1$27,134$51,629$1,171,976
2$28,339$50,425$1,143,637
3$29,596$49,167$1,114,041
4$30,910$47,854$1,083,131
5$32,282$46,482$1,050,849
6$33,714$45,049$1,017,135
7$35,211$43,553$981,924
8$36,774$41,990$945,150
9$38,406$40,358$906,745
10$40,110$38,653$866,635
11$41,890$36,873$824,745
12$43,749$35,014$780,995
13$45,691$33,072$735,304
14$47,719$31,044$687,585
15$49,837$28,927$637,748
16$52,049$26,715$585,700
17$54,359$24,405$531,341
18$56,771$21,992$474,570
19$59,291$19,473$415,279
20$61,922$16,841$353,357
21$64,670$14,093$288,686
22$67,541$11,223$221,145
23$70,538$8,225$150,607
24$73,669$5,095$76,938
25$76,938$1,825$0

At the end of your 5-year term

Total paid over the term
$393,817
Principal paid down
$148,261
Interest paid
$245,556
Balance remaining
$1,050,849

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 33 whole-home leases in Bayview Northeast$4,418/mo
$53,016Gross annual rent
2.5%Cap rate after taxes and upkeep
$4,145 to $4,638Typical rent range
~29 daysTo find a tenant, on average

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 33 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 $4,418. 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.

3.5%
Gross yield
− Property tax $7,862− Insurance $1,400− Vacancy & upkeep $5,832Net operating income $37,922

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

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