243 Ridge Road, Aurora, ON
Aurora Estates, Aurora · MLS® N13827006
About this home
In short
- Private ~2 Acre ~5000SQFT Total Aurora Estate.
- Exceptional Value In The Highly Renowned Aurora Estates Community Surrounded by Multiple $5M-$10M Neighbouring Estates.
- A Cottage-Like Estate In The City - 60 Seconds from Yonge St & all shopping needs yet Quiet, Tranquil & Private Like There's No One Around.
- Oversized Garage, Long Driveway Easily Fits 10+ Large Cars.
- 4 Baths: 6Pc Master Ensuite, 5Pc Main Bath, 2 Powder Rooms on Main Floor.
Private ~2 Acre ~5000SQFT Total Aurora Estate. Serene Hilltop Location. Aerial Views of City Lights & Mature Forests All Around. Unparalleled Privacy, Calmness & Serenity. Tucked Away at the Very End of a Private Cul-de-sac with Private Owners-Only Road Access. Exceptional Value In The Highly Renowned Aurora Estates Community Surrounded by Multiple $5M-$10M Neighbouring Estates. The Best Combination of Location, Privacy, Safety & Proximity. A Cottage-Like Estate In The City - 60 Seconds from Yonge St & all shopping needs yet Quiet, Tranquil & Private Like There's No One Around. Too Many Upgrades to Name. Oversized Garage, Long Driveway Easily Fits 10+ Large Cars. Useable Land & Room to Grow/Add, Build up to 3 RDUs. Back of Property May Be Severed to Form A New Building Lot to Build a 2nd Home or Simply Sell the Severed Lot. For Reference Smaller Building Lots on Ridge Rd Have Sold $1.215-$3M. Merely the Land Value of the Lots on this Property Severed Could Exceed the List Price. Endless Potential. 5 Beds, Private Entry Loft w/ Floor to Ceiling Skylights. 2 Separate Staircases. Main Floor Bedroom Can Be Used As Home Office or Formal Dining Room. 4 Baths: 6Pc Master Ensuite, 5Pc Main Bath, 2 Powder Rooms on Main Floor. Multiple Organic Fruit/Vegetable/Herb Trees & Plants- Tons of Mint (3 Varieties), Tomatoes, Sage, Chives, Potatoes & Pumpkins. Roses, Ontario Flowers, Hibiscus, Tulips & many other Flowers/Trees Surround the Front Yard. Enjoy Pure, Clean Water From The Private Well. Full & Comprehensive H20 Filtration System T/O Home & Exterior Hoses Via The Main Filter Presser, UV Light Disinfectant, Softener Salt Tank & Reverse Osmosis System. W/O Basement w/ Glass Sliding Door, Basement Also Accessible From Garage Through Rear Deck. No Rental Items, No Municipal H20 Bills. Reduced Overhead More Freedom. Municipal Water at Road. Truly A Once In A Lifetime Property. Turn-Key For End Users & Oozing w/ Potential for Prospective Investors. A True Gem In The Aurora Estates
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13827006
- Bedrooms
- 5
- Bathrooms
- 4 (2 half)
- Size
- 3000-3500 sq ft
- Lot
- 145.11 × 577.94 ft
- Cross streets
- Yonge / Bloomington
- Parking
- 2 garage · 12 parking (attached)
- Driveway
- Private, Private Double
- Basement
- Finished, Finished with Walk-Out, Separate Entrance, Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $10,134 / 2025
- Days on market
- 25
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
6 pc ensuite · floor/ceil fireplace · nw view
ceiling fan(s) · hardwood floor · overlooks backyard
sliding doors · mirrored walls · walk through
walk-out · floor/ceil fireplace · overlook patio
2 pc bath · double closet · wall sconce lighting
floor/ceil fireplace · w/o to deck · glass doors
open concept · led lighting · closet
wet bar · custom counter · combined w/great rm
walk-out · overlook patio · large window
hardwood floor · open concept · overlooks frontyard
french doors · overlooks garden · separate room
2 pc bath · double closet · stainless steel sink
granite counters · stainless steel appl · bar sink
skylight · east west view · open concept
hardwood floor · overlooks frontyard · closet
hardwood floor · breakfast bar · breakfast area
hardwood floor · double closet · overlooks frontyard
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
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Aurora Estates, 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $2,236,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,363
- Property tax
- $845
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,208
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $56,350
- Estimated closing costs
- $56,350
Plus your down payment of $559,000. 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
- $741,794
- Principal paid down
- $273,198
- Interest paid
- $468,596
- Balance remaining
- $1,962,802
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.