516 Stone Road, Aurora, ON

$1,165,000
MLS#:N12137523
3 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 4, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Aurora Grove. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,165,000 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 40 x 122 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, Floor Drain, In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This Lovely, Raised Bungalow is a Great Option for Downsizing Empty-Nesters, Upsizing Young Families and Multi-Generational Families with Basement Access from the Garage to the Finished Lower Level. The Main Floor Boasts Lots of Natural Light with Great Views of the Back Garden from the Family Room. This Gracious Yet Cozy Space To Gather Features a Gas Fireplace, Walkout to a 385 sf Ground Level Deck with Awning and a Nurtured and Easy to Maintain Perennial Garden. The Primary Bedroom Overlooks the Back Garden, Has Two Closets and a 4-piece Ensuite with Soaker Tub and Separate Shower. The Other Bedrooms are a Nice Size with Large Windows. The Living and Dining Rooms are Combined to Offer an Elegant Area to Host Family Dinners. The Main Floor has Been Freshly Painted in a Neutral Palette. The Lower Level Has Over 1000sf of Finished Space. Plenty of Options to Create an In-Law Suite or as Extra Living/Recreation Room for the Whole Family. This Home is Equipped with a Stairlift Making it a Functional Option for Current or Future Accessibility. Conveniently Located in Aurora Grove with Nearby Schools, Parks, Trails and Sheppard's Bush Conservation Area, Shops, Restaurants, and Easy Access to Aurora GO or 404. Extras: Furnace '23, Shingles '14, Main Floor windows '08-'09, AC approximately ten years old.

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Property Summary

This detached home located at 516 Stone Road, Aurora is currently for sale and has been available on SousaSells for 434 days. This property is listed at $1,165,000 with an estimated mortgage of $3,878* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 516 Stone Road, Aurora is in the Aurora Grove neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 11, 2025
Sold price information is available to members only
Listed Date5/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size40 × 122 Feet
CountyYork
Annual Tax$6,032.83
Legal DescriptionPCL 68-1 SEC 65M3012; LT 68 PL 65M3012; S/T LT1084461 ; AURORA

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Auto Garage Door Remote, Floor Drain, In-Law Capability, Primary Bedroom - Main Floor, Storage, Water Heater

Security Features

Alarm System, Smoke Detector

Community Features

Virtual Tours

Location

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516 Stone 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 516 Stone Road, Aurora, ON L4G 6Z7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$349,500 (30.0%)
* Minimum Canadian down payment required for this price is $233,000.
Amortization Period30 Years
Estimated Monthly Payment$3,878Based on a loan of $815,500 over 30 years.
Purchase Price$1,165,000
Loan Amount$815,500
Provincial Land Transfer Tax:$19,775
Total Estimated Closing Taxes:$19,775

About Purchasing a Home in Aurora, ON

For a property listed at $1,165,000 in Aurora, the legal minimum down payment is $233,000 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 $19,775 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 $19,775.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,275,919

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

Holy Spirit
Public315 Stone Road, Aurora, Ontario, L4G 6Y7
7.9
Aurora Grove
Public415 Stone Road, Aurora, Ontario, L4G 6Z5
5.9
Aurora
Public121 Wellington Street East, Aurora, Ontario, L4G 1J4
8.1
Hartman
Public130 River Ridge Boulevard, Aurora, Ontario, L4G 7T7
7.8
Saint-Jean
Public90 Walton Drive, Aurora, Ontario, L4G 3K4
7.3

Secondary Schools

St. Maximilian Kolbe
Catholic278 Wellington Street East, Aurora, Ontario, L4G 1J5
7.1
Aurora
Public155 Wellington Street West, Aurora, Ontario, L4G 2P4
8.4

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.