48 Carlyle Crescent, Aurora, ON

Aurora Highlands, Aurora · MLS® N14027730

$1,999,999
For Sale
Listed 2 days agoNo offer date stated
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5Bedrooms
5Bathrooms
3Garage · 7 parking
3500-5000Sq ft

About this home

In short

  • Rarely Offered Luxury Estate On A Spectacular Ravine Lot, Offering Approx.
  • A Grand Open-To-Above Entrance & Sweeping Staircase Set The Tone For This Exceptional Home, Showcasing Extensive Renovations, Wainscoting, Crown Moulding, New Tiles...
  • The Custom Kitchen Features Premium Cabinetry & JennAir Appliances, With A Sun-Filled Breakfast Area Opening To The Deck & An Incredible Backyard Oasis Complete With...
  • Three Additional Full Bathrooms Complete The Upper Level, While The Hallway Captures Beautiful Views Over The Ravine & Backyard.
  • Complete With A 3-Car Garage & Nestled In One Of Aurora's Quiet, Mature & Highly Sought-After Communities, Close To Parks, Amenities & Golf.

Rarely Offered Luxury Estate On A Spectacular Ravine Lot, Offering Approx. 5,700 Sq. Ft. Of Exquisitely Finished Living Space & A Private Resort-Inspired Backyard Retreat. Over $200K In Upgrades! A Grand Open-To-Above Entrance & Sweeping Staircase Set The Tone For This Exceptional Home, Showcasing Extensive Renovations, Wainscoting, Crown Moulding, New Tiles, 2nd Floor Hardwood & Private Office Cabinets. The Custom Kitchen Features Premium Cabinetry & JennAir Appliances, With A Sun-Filled Breakfast Area Opening To The Deck & An Incredible Backyard Oasis Complete With Saltwater Pool, Hot Tub, Fire Pit & A Serene Forested Backdrop. The Recently Renovated Media Wall Features Custom Built-In Speakers, Creating A Sophisticated Space For Everyday Living & Entertaining. Upstairs Offers 5 Generous Bedrooms, Including An Impressive Primary Retreat With Custom Wardrobe Room Featuring Wall-To-Wall Cabinetry & A Luxurious 5-Pc Ensuite. Three Additional Full Bathrooms Complete The Upper Level, While The Hallway Captures Beautiful Views Over The Ravine & Backyard. Two Staircases Provide Convenient Access Throughout The Home. The Expansive Finished Lower Level Features A Bar, Large Recreation & Living Areas, Plus A Separate Side Entrance-Ideal For An In-Law Suite, Extended Family Or Entertaining. The Home is Fitted With Updated Electrical for EV Charger and Heated Floors. Complete With A 3-Car Garage & Nestled In One Of Aurora's Quiet, Mature & Highly Sought-After Communities, Close To Parks, Amenities & Golf. An Exceptional Forever Home Where Luxury, Privacy & Nature Come Together.

Key facts

Property type
Detached, 2-Storey
MLS®
N14027730
Bedrooms
5
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
55 × 206 ft
Cross streets
Bathurst & Mclellan
Parking
3 garage · 7 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$12,061 / 2026
Days on market
2
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

OtherLower3.30 × 2.95 m
KitchenMain5.63 × 4.13 m
Family RoomMain5.26 × 4.82 m
Dining RoomMain4.46 × 3.65 m
Bedroom 4Second4.59 × 3.34 m
BreakfastMain3.55 × 2.95 m
Bedroom 5Second4.63 × 4.15 m
Bedroom 3Second4.24 × 3.23 m
RecreationLower5.73 × 7.80 m
DenMain5.15 × 3.23 m
Bedroom 2Second4.25 × 3.70 m
Living RoomLower4.46 × 3.65 m
Primary BedroomSecond5.17 × 4.58 m
Living RoomMain5.73 × 4.77 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.95Mlikely sale price

Listed at $1,999,999. Going by how homes in Aurora Highlands and the wider GTA have actually closed against their asking prices (about 98%, 23 local closings in 90 days), the likely sale price is near $1.95M, if it sells. A realistic range is $1.83M to $2.20M.

Independent value check: $2.33M. Without looking at the asking price, our model values the home itself about 16% above the ask (homes like it typically land between $2.18M and $2.44M).

Why $2.33M. 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 $12,061 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 it3 garage and 7 total parking spaces, against 2 and 6 typically.
  • ▲ Raises it slightlyIts lot is 55 by 206 ft; the typical lot sold here is 53 by 122.
List price
$1.83MBelow recent closings$2.20MAbove recent closings

Total price vs nearby homes. Likely closing about $1.95M, from 23 recent closings in this pocket.

The market behind the math:

23sold nearby · 90 days
$1.39Mmedian sold price
96%of asking, on average
+1%prices vs a year ago
~29 dayshomes like this take to sell
2days on market so far
$4,447/moest. rent · 16 leases
2.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 14 detached homes for sale in the area against 23 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 $471/sqft against an area asking average of $549/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 23 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.96M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
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.

Based on 23 comparable homes that sold in Aurora Highlands over the past two years, from 188 closings there.

What sellers nearby are askingCurrently listed nearby in Aurora Highlands · asking prices
$2.22Mavg asking

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 $522/sqft; this home lists at $471/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.00MThis home1.99M2.10M2.29M2.50MThis 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
$2.33M
Aurora Village
$1.68M
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
$9,115/mo
$383KIncome needed
5.2×Price ÷ income
$2,104Weekly cost
$36,475Land 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.

90%mortgage
Mortgage $9,115Property tax $1,005Total carry $10,120

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,847per month

Mortgage amount $1,599,999 · 4.49% over 25 years

$400,000Down payment (20.0%)
$1,599,999Loan before insurance
$0CMHC premium
$9,852Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,847
Property tax
$1,005
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,852

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

One-time closing costs

Ontario land transfer tax
$36,475
Estimated closing costs
$36,475

Plus your down payment of $400,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,707/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

$1,054,002Total interest paid
$2,654,001Total of all payments
Principal $1,599,999 Interest $1,054,002
YearPrincipalInterestBalance
1$35,705$70,455$1,564,294
2$37,326$68,834$1,526,968
3$39,021$67,139$1,487,947
4$40,793$65,367$1,447,154
5$42,645$63,515$1,404,509
6$44,581$61,579$1,359,928
7$46,605$59,555$1,313,322
8$48,721$57,439$1,264,601
9$50,934$55,226$1,213,667
10$53,246$52,914$1,160,421
11$55,664$50,496$1,104,757
12$58,191$47,969$1,046,566
13$60,833$45,327$985,733
14$63,595$42,565$922,137
15$66,483$39,677$855,655
16$69,501$36,659$786,153
17$72,657$33,503$713,496
18$75,956$30,204$637,540
19$79,405$26,755$558,136
20$83,010$23,150$475,126
21$86,779$19,381$388,347
22$90,719$15,441$297,628
23$94,838$11,322$202,790
24$99,144$7,016$103,646
25$103,646$2,514$0

At the end of your 5-year term

Total paid over the term
$530,800
Principal paid down
$195,490
Interest paid
$335,310
Balance remaining
$1,404,509

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$4,447/mo
$53,364Gross annual rent
1.7%Cap rate after taxes and upkeep
$4,225 to $4,986Typical rent range
~36 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 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 $4,447. 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.

2.7%
Gross yield
− Property tax $12,061− Insurance $1,400− Vacancy & upkeep $5,870Net operating income $34,033

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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