59 Cranberry Lane, Aurora, ON
Property no longer active
This property was sold on May 14, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Aurora Highlands. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $650,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 92 x 90 ft lot size
- Notable attributes: None
Description
Located in the prestigious Aurora Highland Gate community, this exceptional, flat lot offers a unique chance to build your dream home in one of Aurora's most sought-after neighbourhoods. The lot comes with generous frontage of 92 feet and is perfectly positioned across from a beautiful park with kilometers of scenic trails. This prime location close to multiple GO train stations, as well as highways 400 & 404 provides easy access to downtown Toronto or to travel north to cottage country. With R3 zoning and easements removed, this lot is ready for you to build. Develop a single family home or add two additional dwelling units- all allowable in this R3 zoning. HST is included, making it an even more attractive opportunity for buyers, investors and developers.
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Property Summary
This vacant land located at 59 Cranberry Lane, Aurora is currently for sale and has been available on SousaSells for 547 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 59 Cranberry Lane, Aurora is in the Aurora Highlands neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 59 Cranberry Lane, Aurora, ON L4G 5Y5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Aurora, ON
For a property listed at $650,000 in Aurora, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.