87 Primeau Drive, Aurora, ON
Aurora Grove, Aurora · MLS® N13860752
About this home
In short
- Welcome to this spacious 3-bedroom, 3-bathroom freehold townhouse offering 1,680 square feet above grade, plus a finished walk-out basement.
- The finished walk-out basement offers valuable additional living space with direct access to the backyard.
- Enjoy the convenience of an attached garage plus a large private driveway accommodating up to 2 additional vehicles.
- This home is located in a highly desirable and family-friendly neighbourhood, just minutes from Highway 404 and Aurora GO Station, with proximity to schools...
Welcome to this spacious 3-bedroom, 3-bathroom freehold townhouse offering 1,680 square feet above grade, plus a finished walk-out basement. Bright and sun-filled throughout, this well-maintained home features a functional layout, numerous upgrades, and plenty of space for comfortable family living and entertaining. The modern kitchen features a centre island, stainless steel appliances, over-the-range microwave, and stylish backsplash. The thoughtfully designed main floor offers a spacious living area complemented by a convenient dining area. Upstairs, the generously sized primary bedroom features his-and-hers closets and a private ensuite bathroom, while the additional bedrooms provide excellent space for family, guests, or a home office. The finished walk-out basement offers valuable additional living space with direct access to the backyard. Enjoy the convenience of an attached garage plus a large private driveway accommodating up to 2 additional vehicles. Additional features include laminate flooring, a BBQ gas line, and no sidewalk. This home is located in a highly desirable and family-friendly neighbourhood, just minutes from Highway 404 and Aurora GO Station, with proximity to schools, restaurants, shopping, public transit, parks, and scenic trails. A wonderful opportunity to own a spacious, upgraded freehold townhouse in a convenient and sought-after location!
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13860752
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Cross streets
- Bayview Ave & Stone Rd
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Mutual
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,705 / 2025
- Days on market
- 15
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
Laminate
laminate · w/o to yard
ceramic floor · stainless steel appl · centre island
Laminate
hardwood floor · combined w/living
Laminate
ceramic floor · gas fireplace · w/o to deck
hardwood floor · combined w/dining
laminate · his and hers closets · 4 pc ensuite
Listed at $868,000, about 4% above our estimate of $837K (homes like it typically land between $784K and $877K).
Why $837K. The typical townhouse sold in Aurora Grove over the past year went for about $940K (11 sales). What sets this one apart:
- ▼ Lowers it1 garage and 3 total parking spaces, against 2 and 4 typically.
Total price vs nearby homes. Fair value about $837K, learned from recent GTA sales.
The market behind the math:
About 5 months of inventory: 5 townhouse homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $496/sqft against an area asking average of $589/sqft.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 15 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $820K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
Based on 15 comparable homes that sold in Aurora Grove over the past two years, from 19 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $572/sqft; this home lists at $496/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $988K | 8 |
| November 2025 | $913K | 10 |
| January 2026 | $899K | 5 |
| February 2026 | $931K | 6 |
| March 2026 | $919K | 12 |
| April 2026 | $915K | 20 |
| May 2026 | $830K | 8 |
| June 2026 | $875K | 9 |
| July 2026 | $985K | 8 |
| August 2026 | $860K | 7 |
| September 2026 | $899K | 8 |
Neighbourhood & location
Aurora Grove, 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 $694,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,839
- Property tax
- $392
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,232
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,835
- Estimated closing costs
- $13,835
Plus your down payment of $173,600. 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
- $230,367
- Principal paid down
- $84,843
- Interest paid
- $145,525
- Balance remaining
- $609,557
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
About the suite: in Aurora Grove basements rarely rent out (1 of 22 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 18 whole-home leases in Aurora Grove signed at a median of $3,475 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,475. 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 RIGHT AT HOME REALTY. MLS®/PropTx.