38 Lanewood Drive, Aurora, ON

Hills of St Andrew, Aurora · MLS® N14095358

$1,529,000
For Sale
Just listed todayNo offer date stated

The listing feed is busy, so this is our last saved copy of this listing from Oct 19, 2026, 10:25 p.m.. Price and status may have changed since; refresh in a minute for the live version.

4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome To This Beautifully Updated 4-Bedroom, 3.5-Bathroom Home, Perfectly Situated On A Quiet Street In One Of Aurora's Most Desirable Family-Friendly Neighbourhoods.
  • Backing Onto Picturesque Greenspace & Ravine, This Property Offers Exceptional Privacy On A Deep 140' Lot Surrounded By Nature.
  • Upstairs, Four Spacious Bedrooms Provide Plenty Of Room For The Whole Family, Including A Generous Primary Retreat With A Beautifully Renovated Ensuite Bath.
  • The Finished Basement Adds Incredible Versatility With A Large Games Room, Inviting Recreation Room With Cozy Fireplace & Wet Bar, 3-Piece Bathroom, Plus A Private...
  • Step Outside To Your Own Backyard Oasis, Complete With A Spacious Deck, Relaxing Hot Tub, & A Stunning Natural Backdrop With No Rear Neighbours.

Welcome To This Beautifully Updated 4-Bedroom, 3.5-Bathroom Home, Perfectly Situated On A Quiet Street In One Of Aurora's Most Desirable Family-Friendly Neighbourhoods! Backing Onto Picturesque Greenspace & Ravine, This Property Offers Exceptional Privacy On A Deep 140' Lot Surrounded By Nature. The Thoughtfully Designed Main Floor Features A Beautifully Renovated Kitchen With A Walkout To A Large Deck, Perfect For Outdoor Dining, Entertaining, Or Simply Enjoying The Peaceful Views. Upstairs, Four Spacious Bedrooms Provide Plenty Of Room For The Whole Family, Including A Generous Primary Retreat With A Beautifully Renovated Ensuite Bath. The Finished Basement Adds Incredible Versatility With A Large Games Room, Inviting Recreation Room With Cozy Fireplace & Wet Bar, 3-Piece Bathroom, Plus A Private Home Office (Could Be 5th Bedroom!). Step Outside To Your Own Backyard Oasis, Complete With A Spacious Deck, Relaxing Hot Tub, & A Stunning Natural Backdrop With No Rear Neighbours. Enjoy The Best Of Both Worlds With A Peaceful, Private Setting Just Steps From Neighbourhood Parks & Miles Of Scenic Walking & Biking Trails. A Wonderful Opportunity To Enjoy Comfortable Family Living In A Beautiful, Established Aurora Neighbourhood!

Key facts

Property type
Detached, 2-Storey
MLS®
N14095358
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
49.25 × 140.32 ft
Cross streets
Bathurst/Orchard Heights
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,009 / 2026
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Hills of St Andrew, Aurora, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$6,969/mo
$287KIncome needed
5.3×Price ÷ income
$1,608Weekly cost
$27,055Land 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.

92%mortgage
Mortgage $6,969Property tax $584Total carry $7,553

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,763per month

Mortgage amount $1,223,200 · 4.49% over 25 years

$305,800Down payment (20.0%)
$1,223,200Loan before insurance
$0CMHC premium
$7,347Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,763
Property tax
$584
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,347

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

One-time closing costs

Ontario land transfer tax
$27,055
Estimated closing costs
$27,055

Plus your down payment of $305,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,186/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

$805,785Total interest paid
$2,028,985Total of all payments
Principal $1,223,200 Interest $805,785
YearPrincipalInterestBalance
1$27,297$53,863$1,195,903
2$28,536$52,623$1,167,367
3$29,832$51,328$1,137,536
4$31,186$49,973$1,106,350
5$32,602$48,557$1,073,748
6$34,082$47,077$1,039,665
7$35,630$45,530$1,004,035
8$37,248$43,912$966,788
9$38,939$42,221$927,849
10$40,707$40,453$887,142
11$42,555$38,604$844,587
12$44,487$36,672$800,100
13$46,507$34,652$753,593
14$48,619$32,541$704,974
15$50,826$30,333$654,148
16$53,134$28,026$601,014
17$55,546$25,613$545,468
18$58,068$23,091$487,400
19$60,705$20,455$426,695
20$63,461$17,698$363,234
21$66,343$14,817$296,891
22$69,355$11,805$227,537
23$72,504$8,656$155,033
24$75,796$5,364$79,237
25$79,237$1,922$0

At the end of your 5-year term

Total paid over the term
$405,797
Principal paid down
$149,452
Interest paid
$256,345
Balance remaining
$1,073,748

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
Estimate$5,250/mo
$63,000Gross annual rent
3.1%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

4.1%
Gross yield
− Property tax $7,009− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,661

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.

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