59 Davis Road, Aurora, ON
Aurora Highlands, Aurora · MLS® N13726676
About this home
Welcome to this exceptional 4-bedroom family home located in the highly sought-after Aurora Highlands community. Situated in a family-friendly neighbourhood close to top-rated schools, parks, shopping, restaurants, and all essential amenities, this property offers the perfect blend of comfort, convenience, and investment potential.The spacious main level features bright, inviting living spaces, a functional layout, and generously sized bedrooms, making it ideal for growing families.A standout feature of this home is the finished newly renovated 2 bedrooms basement with excellent tenants currently paying $1,900 per month, providing immediate rental income. The tenants are reliable and would be happy to stay, making this an outstanding opportunity for both homeowners and investors.Don't miss your chance to own a versatile property in one of Aurora's most desirable neighbourhoods, offering the perfect combination of family living and steady rental
Key facts
- Property type
- Semi-Detached, Bungalow
- MLS®
- N13726676
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 3 (1 half)
- Size
- 700-1100
- Lot
- 36 × 126.8 ft
- Cross streets
- YONGE AND HENDERSON
- Parking
- 4 parking
- Driveway
- Available
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,900 / 2026
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Listed at $799,000, and my independent estimate is tracking about 6% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal.
Total price vs nearby homes. Fair value about $847K, median of 5 comparables.
The market behind the math:
Price per square foot: this home lists at $888/sqft against an area asking average of $637/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 5 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $956K, a bit higher.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Murray Drive / Nisbet Drive is about a 3-minute walk away.
Read this with carewhy it’s an estimate, not an appraisal
Below comparable homes on total price, yet the price per square foot ($888/sqft) is above the area, which usually points to a smaller or more efficient layout.
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 are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 5 comparable homes nearby.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market.
Per square foot, these ask about $636/sqft; this home lists at $888/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & 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 OpenStreetMap contributors.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Murray Drive / Nisbet Drive, about 205 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) →
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 4.09% via Ratehub.ca (as of August 31, 2026); conventional rates run a little higher.
Mortgage amount $639,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,446
- Property tax
- $325
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,771
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,455
- Estimated closing costs
- $12,455
Plus your down payment of $159,800. 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
- $206,760
- Principal paid down
- $80,448
- Interest paid
- $126,312
- Balance remaining
- $558,752
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.