11 Knowles Crescent, Aurora, ON

Aurora Highlands, Aurora · MLS® N13767450

$2,888,000
For Sale
Listed 36 days agoNo offer date stated
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4+2Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • 2025 BuiltULTRA luxury Custom-Built ResidenceSPECTACULAR/UNIQUE PROPERTYEvery details has been meticulously curatedThis residence features a versatility, thoughtfully...
  • The main floor welcomes you with an open concept living space, featuring apprx 20ft soaring ceiling-STUNNING-and beautifully paneled walls.
  • Seamlessly flowing, the spacious family room, with soaring ceiling, and intricate-paneled walls and floor-to-ceiling windows that create airy and open feel, and...
  • The primary suite is a private retreat with his/hers closets and a luxurious heated floor, 5-piece ensuite, and serene views of the nature.
  • This exceptional property combines unparalleled craftmanship with smart home amenities, offering a lifestyle of luxury, and tranquility-Extra Features-Private...

**2025 Built**ULTRA luxury Custom-Built Residence*SPECTACULAR/UNIQUE PROPERTY*Every details has been meticulously curated****This residence features a versatility, thoughtfully designed for both, living of luxurious family lifestyle and functionality with solid rental income from legal-permitted 2-apartment cmbd-This is perfect for discerning buyers seeking luxury, comfort, modern style and income. The main floor welcomes you with an open concept living space, featuring apprx 20ft soaring ceiling-STUNNING-and beautifully paneled walls. The dream kitchen balances form and function with a large centre island, offering exquisite countertops and backsplash, practically-designed, complemented by a separate cooking kitchen with extra pantry. Seamlessly flowing, the spacious family room, with soaring ceiling, and intricate-paneled walls and floor-to-ceiling windows that create airy and open feel, and welcoming endless natural sunlight. The family room is soul of this home, perfect place to relax or gather, flowing perfectly to a dream kitchen, direct flow into an outdoor deck and patio ideal for effortless indoor-outdoor living. The main floor office provides a deal-private place for a work-from-home with completely separate door. Discover a spacious mudroom foyer offers everyday functional space for your family. Upstairs hallway is illuminated by natural light from multi-skylights. The primary suite is a private retreat with his/hers closets and a luxurious heated floor, 5-piece ensuite, and serene views of the nature. The basement is designed for your family's income with legal apartments--completely separate entrances to 2 legal units(potential rental income $$$). This exceptional property combines unparalleled craftmanship with smart home amenities, offering a lifestyle of luxury, and tranquility-Extra Features-Private ELEVATOR,4-KITCHEN/4-SETS OF APPLIANCES(2-MAIN/2-BASEMENT),4-LAUNDRY ROOM(4-SETS OF WASHER/4-SETS OF DRYER),2LEGAL APARTMENTS(BASEMENT)--one of a kind!!

Key facts

Property type
Detached, 2-Storey
MLS®
N13767450
Bedrooms
4+2 (6 total)
Bathrooms
7 (1 half)
Size
3500-5000 sq ft
Lot
50.34 × 117.3 ft
Cross streets
W.Yonge St & N.Henderson Dr
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Apartment, Separate Entrance, Walk-Up, Finished
Kitchens
4 (2 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Other
Roof
Other
Sewer
Sewer
Property tax
$16,343 / 2026
Days on market
36
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Bedroom 5Basement3.38 × 3.33 m

laminate · window · pot lights

Mud RoomMain0.00 × 0.00 m

access to garage · laundry sink · walk through

Dining RoomMain5.00 × 3.66 m

hardwood floor · combined w/living · panelled

KitchenMain4.75 × 3.96 m

b/i appliances · centre island · window floor to ceiling

Great RoomBasement7.19 × 6.25 m

laminate · combined w/kitchen · pot lights

KitchenBasement0.00 × 0.00 m

open concept · laminate · combined w/rec

Bedroom 3Second4.57 × 3.96 m

semi ensuite · juliette balcony · pot lights

Great RoomBasement0.00 × 0.00 m

laminate · combined w/kitchen

BedroomBasement3.30 × 3.25 m
KitchenBasement0.00 × 0.00 m

open concept · combined w/rec

Family RoomMain6.25 × 4.75 m

window floor to ceiling · panelled · indirect lights

Bedroom 4Second5.40 × 3.96 m

3 pc ensuite · w/o to balcony · pot lights

KitchenMain0.00 × 0.00 m

b/i appliances · centre island · window floor to ceiling

OfficeMain4.06 × 3.66 m

window floor to ceiling · b/i bookcase · 2 way fireplace

Living RoomMain6.83 × 4.85 m

hardwood floor · pot lights · open concept

Bedroom 2Second3.96 × 3.96 m

semi ensuite · window floor to ceiling · hardwood floor

Primary BedroomSecond6.53 × 4.09 m

5 pc ensuite · w/o to balcony · built-in speakers

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.82Mlikely sale price

Listed at $2,888,000. Going by how homes in Aurora Highlands and the wider GTA have actually closed against their asking prices (about 98%, 24 local closings in 90 days), the likely sale price is near $2.82M, if it sells. A realistic range is $2.64M to $3.18M.

Independent value check: $2.61M. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $2.44M and $2.73M).

Why $2.61M. 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 $16,343 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 it4+2 bedrooms and 7 baths, against 4+1 and 4 typically.
List price
$2.64MBelow recent closings$3.18MAbove recent closings

Total price vs nearby homes. Likely closing about $2.82M, from 24 recent closings in this pocket.

The market behind the math:

24sold nearby · 90 days
$1.36Mmedian sold price
96%of asking, on average
−1%prices vs a year ago
~27 dayshomes like this take to sell
36days on market so far
$4,522/moest. rent · 16 leases
1.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.5 months of inventory: 28 detached homes for sale in the area against 24 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 $680/sqft against an area asking average of $552/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 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.77M. 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.

  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • 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.

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

Based on 24 comparable homes that sold in Aurora Highlands over the past two years, from 189 closings there.

What sellers nearby are askingCurrently listed nearby in Aurora Highlands · asking prices
$2.27Mavg asking

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 $2.61M, which is where my estimate comes from.

Per square foot, these ask about $535/sqft; this home lists at $680/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.89MThis home2.50M2.50M2.10M1.99MThis home vs active comparables

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
$2.38M
Aurora Village
$1.69M
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
$13,163/mo
$548KIncome needed
5.3×Price ÷ income
$3,038Weekly cost
$58,675Land 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 $13,163Property tax $1,362Total carry $14,524

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,775per month

Mortgage amount $2,310,400 · 4.49% over 25 years

$577,600Down payment (20.0%)
$2,310,400Loan before insurance
$0CMHC premium
$14,137Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,775
Property tax
$1,362
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,137

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

One-time closing costs

Ontario land transfer tax
$58,675
Estimated closing costs
$58,675

Plus your down payment of $577,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$15,462/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

$1,521,979Total interest paid
$3,832,379Total of all payments
Principal $2,310,400 Interest $1,521,979
YearPrincipalInterestBalance
1$51,558$101,737$2,258,842
2$53,899$99,396$2,204,942
3$56,346$96,949$2,148,596
4$58,905$94,390$2,089,691
5$61,579$91,716$2,028,112
6$64,375$88,920$1,963,736
7$67,298$85,997$1,896,438
8$70,354$82,941$1,826,084
9$73,548$79,747$1,752,536
10$76,888$76,408$1,675,649
11$80,379$72,917$1,595,270
12$84,028$69,267$1,511,242
13$87,843$65,452$1,423,399
14$91,832$61,463$1,331,567
15$96,001$57,294$1,235,566
16$100,360$52,935$1,135,206
17$104,917$48,378$1,030,289
18$109,680$43,615$920,609
19$114,660$38,635$805,948
20$119,866$33,429$686,082
21$125,309$27,986$560,773
22$130,998$22,297$429,775
23$136,946$16,349$292,828
24$143,164$10,131$149,664
25$149,664$3,631$0

At the end of your 5-year term

Total paid over the term
$766,476
Principal paid down
$282,288
Interest paid
$484,188
Balance remaining
$2,028,112

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$4,522/mo
$54,264Gross annual rent
1.1%Cap rate after taxes and upkeep
$4,296 to $5,186Typical 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 $4,522. 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.

1.9%
Gross yield
− Property tax $16,343− Insurance $1,400− Vacancy & upkeep $5,969Net operating income $30,552

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

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