38 Minlow Way, Aurora, ON

Rural Aurora, Aurora · MLS® N13765920

$825,000
For Sale
Listed 40 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Freehold Townhome- No Maintenance Fees, No POTL Fees.
  • 1536 Sqft as per Builders Plan ..
  • 1 Street Over ls a Wonderful Park, Gorgeous Open Concept, Beautifully maintained 3 bedrooms, 3 washrooms, 1-car garage + parking for 2 on the driveway, all set on a...
  • Huge Open Concept Living Space and Kitchen, Primary bedroom features an ensuite with extra shelving and a walk-in closet W/Organiser.
  • East-facing front brings bright morning light, while the open-concept layout and contemporary colour palette create a modern, inviting feel throughout.

*** Freehold Townhome- * No Maintenance Fees,* No POTL Fees! 1536 Sqft as per Builders Plan .. 1 Street Over ls a Wonderful Park, Gorgeous Open Concept, Beautifully maintained 3 bedrooms, 3 washrooms, 1-car garage + parking for 2 on the driveway, all set on a quiet mature street in a fantastic Aurora family neighbourhood. Huge Open Concept Living Space and Kitchen, Primary bedroom features an ensuite with extra shelving and a walk-in closet W/Organiser. East-facing front brings bright morning light, while the open-concept layout and contemporary colour palette create a modern, inviting feel throughout. Features include a covered front patio, deep private foyer with interior garage access, and convenient main floor laundry. Upgrades include: French door Samsung 26 Cubic Ft. fridge, wall-mounted TV in the Family and Master, Living and Dining pot lights, every bedroom has ceiling light with Fan and closet organizers, Extra Deep Garage with Large Storage, Tankless water heater, Wonderful Neighbourhood, Great Schools, Walking Trails, Shopping Close by, Public Transit, Must be seen in person to truly appreciate!

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13765920
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
21 × 46.59 ft
Cross streets
Bayview @ St. Johns Side Rd.
Parking
1 garage · 3 parking (built-in)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$4,624 / 2026
Days on market
40
Listing brokerage
TRANSGLOBAL REALTY CORP.

Rooms

KitchenSecond4.50 × 2.90 m

Laminate

Family RoomSecond4.70 × 3.40 m
Bedroom 2Third3.00 × 2.70 m

Broadloom

Bedroom 3Third3.00 × 2.80 m

Broadloom

Primary BedroomThird3.35 × 3.00 m

Broadloom

DenMain3.25 × 2.30 m
Dining RoomSecond5.15 × 3.20 m

Laminate

Our TakeTeam Asgarian · Broker
In line with recent sales
$813Kautomated estimate, from recent sales

Listed at $825,000, about 1% above our estimate of $813K (homes like it typically land between $762K and $852K).

Why $813K. The typical townhouse sold in Rural Aurora over the past year went for about $975K (28 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,624 a year; the typical home sold here pays about $5,200.
List price
$762KBelow our range$852KAbove our range

Total price vs nearby homes. Fair value about $813K, learned from recent GTA sales.

The market behind the math:

40days on market so far
$3,207/moest. rent · 5 leases
4.7%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $471/sqft against an area asking average of $518/sqft.

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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $819K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

This listing did not confirm square footage, so I compared on beds, baths, and location instead of size. Confirm the size to sharpen this.

There were not many closely comparable homes right in Rural Aurora, so I widened the search to the surrounding area.

Based on 6 homes sold on this street over the past two years, from 56 closings in Rural Aurora.

What sellers nearby are askingCurrently listed nearby in Rural Aurora · asking prices
$1.08Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $813K, which is where my estimate comes from.

Per square foot, these ask about $528/sqft; this home lists at $471/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
825kThis home905k1.02M990k1.23M1.25MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Aurora: $899K in September 2026, down 3% from a year ago, on 101 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Aurora as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$988K8
November 2025$913K10
January 2026$899K5
February 2026$931K6
March 2026$919K12
April 2026$915K20
May 2026$830K8
June 2026$875K9
July 2026$985K8
August 2026$860K7
September 2026$899K8

Neighbourhood & location

Rural Aurora, 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.

Bayview Wellington
$865K
Bayview Northeast
$1.10M
Aurora Grove
$867K

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
$3,760/mo
$159KIncome needed
5.2×Price ÷ income
$868Weekly cost
$12,975Land 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 $3,760Property tax $385Total carry $4,145

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,649per month

Mortgage amount $660,000 · 4.49% over 25 years

$165,000Down payment (20.0%)
$660,000Loan before insurance
$0CMHC premium
$4,035Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,649
Property tax
$385
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,035

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

One-time closing costs

Ontario land transfer tax
$12,975
Estimated closing costs
$12,975

Plus your down payment of $165,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,417/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

$434,776Total interest paid
$1,094,776Total of all payments
Principal $660,000 Interest $434,776
YearPrincipalInterestBalance
1$14,728$29,063$645,272
2$15,397$28,394$629,874
3$16,096$27,695$613,778
4$16,827$26,964$596,951
5$17,591$26,200$579,360
6$18,390$25,401$560,970
7$19,225$24,566$541,746
8$20,098$23,693$521,648
9$21,010$22,781$500,638
10$21,964$21,827$478,674
11$22,961$20,830$455,713
12$24,004$19,787$431,709
13$25,094$18,697$406,615
14$26,233$17,558$380,382
15$27,424$16,367$352,958
16$28,669$15,122$324,288
17$29,971$13,820$294,317
18$31,332$12,459$262,986
19$32,754$11,037$230,231
20$34,242$9,549$195,989
21$35,796$7,995$160,193
22$37,422$6,369$122,772
23$39,121$4,670$83,651
24$40,897$2,894$42,754
25$42,754$1,037$0

At the end of your 5-year term

Total paid over the term
$218,955
Principal paid down
$80,640
Interest paid
$138,315
Balance remaining
$579,360

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 5 whole-home leases in Rural Aurora$3,207/mo
$38,484Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,822 to $3,592Typical rent range
~19 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 5 whole-home leases in Rural Aurora signed at a median of $3,132 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,207. 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.

4.7%
Gross yield
− Property tax $4,624− Insurance $1,400− Vacancy & upkeep $4,233Net operating income $28,227

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

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