40 Davis Road, Aurora, ON

$875,000
MLS#:N8482568
3 beds
2 baths
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Aurora Highlands. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $875,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 39.6 x 108.6 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Prime Opportunity to be in this Excellent Aurora Highlands Neighbourhood. Note lot size: 39'6" frontage by 108'6" depth as per Geowarehouse. Open concept Living/Dining Rm is Perfect for Entertaining. 3rd Bedroom/Office has quality built-in desk suitable for work from home, Updated Kitchen with Stainless Steel appliances. Filtered Water Dispenser, Solar panels are owned and generate income, Power Socket for Electric Car, Generator Panel, 200 amp service upgraded 2024, Furnace 2022, Roof Sept. 2017, Heat Pump 2022, 2 Garden Sheds, Pellet Wood Stove in Lower Level Recreation Room, Workshop & 2 piece washroom, Wet Bar & Fridge, Primary Bedroom has a walkout to covered backyard deck, Freshly painted and move-in ready, Maintained with newer mechanicals, Close to all amenities.

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Property Summary

This detached home located at 40 Davis Road, Aurora is currently for sale and has been available on SousaSells for 749 days. This property is listed at $875,000 with an estimated mortgage of $2,913* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 40 Davis Road, Aurora is in the Aurora Highlands neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 12, 2024
Sold price information is available to members only
Listed Date6/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow
ConstructionBrick
BasementFinished
Lot Size39.6 × 108.6 Feet
CountyYork
Annual Tax$4,104.89
Legal DescriptionPart Lot 100, Plan 514, Aurora as in R687301; Aurora

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, River/Stream

Interior Features

Water Heater

Security Features

Community Features

Location

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40 Davis Road, Aurora, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Davis Road, Aurora, ON L4G 2B6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Aurora.

Configure Loan Settings

Interest Rate4.00%
Down Payment$262,500 (30.0%)
* Minimum Canadian down payment required for this price is $62,500.
Amortization Period30 Years
Estimated Monthly Payment$2,913Based on a loan of $612,500 over 30 years.
Purchase Price$875,000
Loan Amount$612,500
Provincial Land Transfer Tax:$13,975
Total Estimated Closing Taxes:$13,975

About Purchasing a Home in Aurora, ON

For a property listed at $875,000 in Aurora, the legal minimum down payment is $62,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,975 for this transaction. As this listing is in Aurora (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Aurora Highlands, Aurora.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,436,703

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Regency Acres
Public123 Murray Drive, Aurora, Ontario, L4G 2C7
5.3
Highview
Public240 McClellan Way, Aurora, Ontario, L4G 6N9
7.8
Light of Christ
Public290 McClellan Way, Aurora, Ontario, L4G 6P3
5.7
Our Lady of Grace
Public120 Aurora Heights Drive, Aurora, Ontario, L4G 6C4
6.5
Aurora Heights
Public85 Tecumseh Drive, Aurora, Ontario, L4G 2X5
5.1

Secondary Schools

Aurora
Public155 Wellington Street West, Aurora, Ontario, L4G 2P4
8.4
Cardinal Carter
Public210 Bloomington Road, Aurora, Ontario, L4G 3G9
7.6
Renaissance
Public700 Bloomington Road, Aurora, Ontario, L4G 0E1
8.1
St. Maximilian Kolbe
Catholic278 Wellington Street East, Aurora, Ontario, L4G 1J5
7.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.