48 Petch Crescent, Aurora, ON
Aurora Highlands, Aurora · MLS® N13753412
About this home
In short
- Experience exceptional luxury and privacy at 48 Petch, an extensively renovated 4-bedroom residence set on a premium 61' x 143' lot overlooking a spectacular ravine.
- The heart of the home is the stunning kitchen and family room, opening seamlessly to a spacious terrace where you can dine, entertain, or simply unwind while taking...
- The fully finished walkout basement provides an abundance of additional living space and offers direct access to the private backyard, extending the home's living and...
- Additional improvements include a newer roof (approximately 7 years), air conditioning replaced in 2021, a brand-new garage door, motor and smart sensor (2021) and a...
- Ideally situated close to schools, shopping, restaurants, parks, and everyday amenities, 48Petch offers the rare opportunity to enjoy the privacy and beauty of a...
Experience exceptional luxury and privacy at 48 Petch, an extensively renovated 4-bedroom residence set on a premium 61' x 143' lot overlooking a spectacular ravine. Offering over 4,500sq. ft. of total living space, this remarkable home combines sophisticated design, thoughtful upgrades, and an extraordinary natural setting. Completely renovated with meticulous attention to detail, the home showcases brand-new flooring throughout, beautifully renovated bathrooms, custom millwork, and refined finishes that create an elevated yet inviting atmosphere. The heart of the home is the stunning kitchen and family room, opening seamlessly to a spacious terrace where you can dine, entertain, or simply unwind while taking in the breathtaking ravine views. The exceptional privacy and lush natural backdrop create a true sense of escape. The fully finished walkout basement provides an abundance of additional living space and offers direct access to the private backyard, extending the home's living and entertaining possibilities. Complete waterproofing and a sump pump provide added peace of mind. Upstairs, four generously sized bedrooms offer comfort and privacy, including a spacious primary retreat. Every level of the home has been thoughtfully updated to provide a truly turnkey living experience. Additional improvements include a newer roof (approximately 7 years), air conditioning replaced in 2021, a brand-new garage door, motor and smart sensor (2021) and a double-car garage. Ideally situated close to schools, shopping, restaurants, parks, and everyday amenities, 48Petch offers the rare opportunity to enjoy the privacy and beauty of a ravine setting without compromising on convenience. A truly special home where extensive renovations, exceptional living space, breathtaking views,and unparalleled privacy come together.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13753412
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 61.02 × 142.95 ft
- Cross streets
- Bathurst and Henderson
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,215 / 2026
- Days on market
- 12
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
balcony · w/o to ravine · w/o to terrace
hardwood floor · open concept
hardwood floor · bow window · fireplace
hardwood floor · closet organizers
large window · overlooks ravine
hardwood floor · closet organizers · overlooks ravine
vinyl floor · overlooks ravine · w/o to terrace
hardwood floor · closet organizers · overlooks ravine
bay window · hardwood floor · combined w/dining
hardwood floor · 4 pc ensuite · walk-in closet(s)
Listed at $1,899,000. Recent sales of homes like it put this one around $1.66M, so the ask is about 14% above what similar homes have sold for.
If it sells at this ask, expect about $1.83M, typically $1.79M to $1.88M: that is where homes here have closed against their asks in the last 90 days (24 closings).
Total price vs nearby homes. Fair value about $1.66M, learned from recent GTA sales.
The market behind the math:
About 2 months of inventory: 16 detached homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $584/sqft against an area asking average of $578/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Aurora Highlands: 31 of the 152 detached leases here lately were basement units, around $1,800 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.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part 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 97 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.62M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (Aurora HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($584/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 97 comparable homes that sold in Aurora Highlands over the past two years, from 187 closings there.
For sale
For sale
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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 $573/sqft; this home lists at $584/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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.
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 $1,519,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,316
- Property tax
- $685
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,000
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,455
- Estimated closing costs
- $34,455
Plus your down payment of $379,800. 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
- $498,943
- Principal paid down
- $187,838
- Interest paid
- $311,105
- Balance remaining
- $1,331,362
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 Aurora Highlands (31 of 152 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 numbersThe last 26 whole-home leases in Aurora Highlands signed at a median of $5,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,665. 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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.