81 Child Drive, Aurora, ON

Aurora Highlands, Aurora · MLS® N13727284

$2,099,000
For Sale
Listed 45 days agoNo offer date stated
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4+2Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Newly built Transitional style home featuring modern design and premium finishes throughout.
  • Bright open concept main floor with wide plank flooring, oversized kitchen island, quartz counters, and sleek contemporary cabinetry.
  • Partially finished basement with walk-up to backyard offering excellent versatility.
  • Rough-in for future elevator.

Newly built Transitional style home featuring modern design and premium finishes throughout. Bright open concept main floor with wide plank flooring, oversized kitchen island, quartz counters, and sleek contemporary cabinetry. Skylights provide excellent natural light. Spacious bedrooms with custom closets and spa-inspired bathrooms. Partially finished basement with walk-up to backyard offering excellent versatility. Rough-in for future elevator. Private fenced yard. Great opportunity to acquire a high-quality home in a sought-after location.

Key facts

Property type
Detached, 2-Storey
MLS®
N13727284
Bedrooms
4+2 (6 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
50 × 150 ft
Cross streets
Yonge & Henderson Dr
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$15,103 / 2025
Days on market
45
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

KitchenBasement4.50 × 5.24 m

Walk-Up

Bedroom 2Second3.83 × 4.57 m

3 pc bath · double closet

BedroomBasement5.00 × 3.30 m

Double Closet

BedroomBasement3.00 × 1.50 m
Dining RoomMain7.51 × 3.06 m

combined w/living · open concept

Living RoomMain7.51 × 3.06 m

combined w/dining · open concept

OfficeMain3.19 × 3.04 m
Family RoomBasement3.54 × 4.89 m

fireplace · wet bar

Primary BedroomSecond4.68 × 5.46 m

walk-in closet(s) · 5 pc ensuite

Bedroom 3Second3.94 × 4.91 m

3 pc bath · double closet

Family RoomMain5.46 × 4.22 m

Fireplace

KitchenMain5.50 × 5.46 m
Bedroom 4Second3.24 × 4.93 m

3 pc bath · double closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.05Mlikely sale price

Listed at $2,099,000. Going by how homes in Aurora Highlands and the wider GTA have actually closed against their asking prices (about 98%, 23 local closings in 90 days), the likely sale price is near $2.05M, if it sells. A realistic range is $1.92M to $2.31M.

Independent value check: $2.45M. Without looking at the asking price, our model values the home itself about 17% above the ask (homes like it typically land between $2.30M and $2.57M).

Why $2.45M. The typical detached home sold in Aurora Highlands over the past year went for about $1.42M (103 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $15,103 a year; the typical home sold here pays about $7,100.
  • ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises it slightlyIts lot is 50 by 150 ft; the typical lot sold here is 53 by 122.
  • ▲ Raises it slightly4+2 bedrooms and 6 baths, against 4+1 and 4 typically.
List price
$1.92MBelow recent closings$2.31MAbove recent closings

Total price vs nearby homes. Likely closing about $2.05M, from 23 recent closings in this pocket.

The market behind the math:

23sold nearby · 90 days
$1.39Mmedian sold price
96%of asking, on average
+1%prices vs a year ago
~29 dayshomes like this take to sell
45days on market so far
$4,488/moest. rent · 16 leases
2.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 9 detached homes for sale in the area against 23 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 $494/sqft against an area asking average of $548/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Aurora Highlands: 29 of the 148 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. 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 23 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.70M. 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

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.

Based on 23 comparable homes that sold in Aurora Highlands over the past two years, from 188 closings there.

Sold price trend

Median sold price for detached homes in Aurora Highlands: $1.33M in September 2026, down 10% from a year ago, on 90 closings in 9 months.

Nov 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
November 2025$1.64M8
December 2025$1.68M7
February 2026$1.34M10
March 2026$1.37M14
April 2026$1.25M6
May 2026$1.43M13
June 2026$1.37M12
July 2026$1.44M10
September 2026$1.33M10

Neighbourhood & location

Aurora Highlands, 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.

Aurora Estates
$2.33M
Aurora Village
$1.68M
Aurora Heights
$1.07M
Hills of St Andrew
$2.17M
Bayview Southeast
$3.40M

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

Affordability
$9,567/mo
$410KIncome needed
5.1×Price ÷ income
$2,208Weekly cost
$38,950Land 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.

88%mortgage
Mortgage $9,567Property tax $1,259Total carry $10,825

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,285per month

Mortgage amount $1,679,200 · 4.49% over 25 years

$419,800Down payment (20.0%)
$1,679,200Loan before insurance
$0CMHC premium
$10,543Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,285
Property tax
$1,259
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,543

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

One-time closing costs

Ontario land transfer tax
$38,950
Estimated closing costs
$38,950

Plus your down payment of $419,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,238/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

$1,106,175Total interest paid
$2,785,375Total of all payments
Principal $1,679,200 Interest $1,106,175
YearPrincipalInterestBalance
1$37,473$73,942$1,641,727
2$39,174$72,241$1,602,553
3$40,953$70,462$1,561,601
4$42,812$68,603$1,518,789
5$44,756$66,659$1,474,033
6$46,788$64,627$1,427,245
7$48,912$62,503$1,378,332
8$51,133$60,282$1,327,199
9$53,455$57,960$1,273,744
10$55,882$55,533$1,217,862
11$58,419$52,996$1,159,443
12$61,072$50,343$1,098,372
13$63,845$47,570$1,034,527
14$66,743$44,672$967,784
15$69,774$41,641$898,010
16$72,942$38,473$825,068
17$76,254$35,161$748,815
18$79,716$31,699$669,099
19$83,335$28,080$585,764
20$87,119$24,296$498,645
21$91,075$20,340$407,570
22$95,210$16,205$312,360
23$99,533$11,882$212,828
24$104,052$7,363$108,776
25$108,776$2,639$0

At the end of your 5-year term

Total paid over the term
$557,075
Principal paid down
$205,167
Interest paid
$351,908
Balance remaining
$1,474,033

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 16 whole-home leases in Aurora Highlands$4,488/mo
$53,856Gross annual rent
1.5%Cap rate after taxes and upkeep
$4,264 to $5,086Typical rent range
~36 daysTo find a tenant, on average

The suite is real income here: basements rent in Aurora Highlands (29 of 148 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 numbers

The last 16 whole-home leases in Aurora Highlands signed at a median of $4,012 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,488. 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.

2.6%
Gross yield
− Property tax $15,103− Insurance $1,400− Vacancy & upkeep $5,924Net operating income $31,429

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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