5 Johnson Road, Aurora, ON
Aurora Highlands, Aurora · MLS® N13757764
About this home
In short
- A rare opportunity to own a beautifully updated home on a premium 45.44X140.71ft lot in one of Aurora's most sought-after and rapidly transforming neighbourhoods.
- Surrounded by newly built multi-million-dollar custom homes, this property offers comfortable lifestyle, redevelopment potential, and long-term appreciation.
- A standout feature is the legal, permit-approved basement apartment, offering immediate rental income with a current tenant who can stay or vacate to suit the buyer's...
- Thoughtfully renovated in 2022, the home features updated flooring, a modern kitchen, and beautifully renovated bathrooms, creating a truly move-in-ready living...
- A rare combination of location, income potential, modern upgrades, and future redevelopment value makes this an outstanding opportunity in one of Aurora's most...
Location! Location! A rare opportunity to own a beautifully updated home on a premium 45.44X140.71ft lot in one of Aurora's most sought-after and rapidly transforming neighbourhoods. Surrounded by newly built multi-million-dollar custom homes, this property offers comfortable lifestyle, redevelopment potential, and long-term appreciation. Whether you choose to move in, renovate, expand, or build your dream home, the possibilities are endless.Tucked away on a quiet cul-de-sac with minimal traffic, this home offers a peaceful, family-friendly setting that's increasingly hard to find. Adding to its appeal is a fully fenced private backyard-a rare feature in this neighbourhood where many properties have open yards-providing an ideal space for children, pets, entertaining, or simply enjoying your own outdoor retreat. A standout feature is the legal, permit-approved basement apartment, offering immediate rental income with a current tenant who can stay or vacate to suit the buyer's needs. An ideal opportunity for investors or homeowners looking to offset mortgage costs, while also providing an excellent option for multi-generational living.Thoughtfully renovated in 2022, the home features updated flooring, a modern kitchen, and beautifully renovated bathrooms, creating a truly move-in-ready living experience. Major 2025 upgrades include a high-efficiency tankless water heater and a whole-home water softener system. Google smart security cameras with motion-activated lighting add modern convenience, enhanced security, and peace of mind.Ideally located just minutes from top-rated schools, parks, nature trails, shopping, restaurants, public transit, and all the amenities Aurora has to offer. A rare combination of location, income potential, modern upgrades, and future redevelopment value makes this an outstanding opportunity in one of Aurora's most desirable communities.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13757764
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 45.44 × 140.71 ft
- Cross streets
- Bathurst And Henderson
- Parking
- 2 garage · 6 parking (detached)
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,218 / 2025
- Days on market
- 42
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
combined w/dining · large window
Laminate
ceramic floor · w/o to deck
combined w/living · w/o to patio
Listed at $1,186,000. 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 $1.16M, if it sells. A realistic range is $1.08M to $1.30M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes a new or newly built home, and the public record (tax bill, size) can still describe what stood on the lot before.
Total price vs nearby homes. Likely closing about $1.16M, from 23 recent closings in this pocket.
The market behind the math:
About 0.8 months of inventory: 6 detached homes for sale in the area against 23 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,318/sqft against an area asking average of $875/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: 28 of the 147 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 $987K. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
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.
There were not many closely comparable homes right in Aurora Highlands, so I widened the search to the surrounding area.
Based on 23 comparable homes that sold in Aurora Highlands over the past two years, from 188 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $906K, which is where my estimate comes from.
Per square foot, these ask about $927/sqft; this home lists at $1,318/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| November 2025 | $1.64M | 8 |
| December 2025 | $1.68M | 7 |
| February 2026 | $1.34M | 10 |
| March 2026 | $1.37M | 14 |
| April 2026 | $1.25M | 6 |
| May 2026 | $1.43M | 13 |
| June 2026 | $1.37M | 12 |
| July 2026 | $1.44M | 10 |
| September 2026 | $1.33M | 10 |
Neighbourhood & 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) →
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 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.
Mortgage amount $948,800 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,246
- Property tax
- $435
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,681
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,195
- Estimated closing costs
- $20,195
Plus your down payment of $237,200. 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
- $314,765
- Principal paid down
- $115,926
- Interest paid
- $198,839
- Balance remaining
- $832,874
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 (28 of 147 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 21 whole-home leases in Aurora Highlands signed at a median of $2,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,520. 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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.