148 Centre Street, Aurora, ON
Aurora Village, Aurora · MLS® N13820234
About this home
In short
- Situated in the heart of prestigious Aurora Village, this exceptional 60 x 181.5 ft lot presents a rare opportunity to secure a prime piece of real estate in one of...
- Surrounded by a vibrant mix of residential homes, established businesses, restaurants, parks, and schools, and just minutes to the GO Train, this property offers...
- Opportunities like this in Aurora Village are few and far between - a premium lot, versatile permitted uses, and an unbeatable location all in one.
Situated in the heart of prestigious Aurora Village, this exceptional 60 x 181.5 ft lot presents a rare opportunity to secure a prime piece of real estate in one of Aurora's most desirable and high-exposure locations. Surrounded by a vibrant mix of residential homes, established businesses, restaurants, parks, and schools, and just minutes to the GO Train, this property offers unmatched convenience and connectivity. The property could permit a wide range of potential uses including office, service commercial, fitness, and other employment-oriented applications , making it an ideal candidate for investors, end-users, or developers looking to capitalize on Aurora's continued growth and strong demand. This standout lot delivers the flexibility and location to bring your vision to life. Opportunities like this in Aurora Village are few and far between - a premium lot, versatile permitted uses, and an unbeatable location all in one.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- N13820234
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 1100-1500 sq ft
- Lot
- 60 × 181.5 ft
- Cross streets
- Yonge St & Wellington St
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Aluminum Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,667 / 2026
- Days on market
- 27
- Listing brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Aurora Village, Aurora, ON
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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 20, 2026); conventional rates run a little higher.
Mortgage amount $588,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,251
- Property tax
- $389
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,640
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,175
- Estimated closing costs
- $11,175
Plus your down payment of $147,000. 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
- $195,069
- Principal paid down
- $71,843
- Interest paid
- $123,226
- Balance remaining
- $516,157
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.