15 Usherwood Street, Aurora

Price: $1,650,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13591490

This incredible executive with a magnificent layout and design is located in a great neighbourhood on a quiet residential street. Approx. 3460 sq. ft., four bedrooms, four washrooms, double garage, 2-storey detached house. Stunning hardwood throughout. A 2-way gas fireplace accents the living & family rooms. Large circular solid hardwood staircase. The 18-foot ceiling in the dining area. The 9-foot main floor boasts a huge kitchen & a large breakfast area, and a den/office. The enormous walk-out basement offers a blank canvas, awaiting your vision to unlock its full potential.

15 Usherwood Street - Detached photo 1 of 1 in Aurora, Ontario
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$1,650,000 - 15 Usherwood Street, Aurora

Detached for Sale in Aurora

33 days on market

Neighbourhood: Bayview Northeast

4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13591490
Property Type
Detached
Status
active
Days on Site
33
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Aurora
Listing Brokerage
FIRST CLASS REALTY INC.
Description

This incredible executive with a magnificent layout and design is located in a great neighbourhood on a quiet residential street. Approx. 3460 sq. ft., four bedrooms, four washrooms, double garage, 2-storey detached house. Stunning hardwood throughout. A 2-way gas fireplace accents the living & family rooms. Large circular solid hardwood staircase. The 18-foot ceiling in the dining area. The 9-foot main floor boasts a huge kitchen & a large breakfast area, and a den/office. The enormous walk-out basement offers a blank canvas, awaiting your vision to unlock its full potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,298.51/mo

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5-yr fixed avg.

Principal: $1,320,000Interest: $869,552
Mortgage Amount$1,320,000
Total Interest$869,552
Est. Property Tax$1,169/mo
Total Cost$2,189,552

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Bayview Northeast

Discover Bayview Northeast

Bayview Northeast is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Bayview Northeast

  • Convenient location in Aurora
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Bayview Northeast offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

15 Usherwood Street, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,169
Insurance (est.)-$344
Net Cash Flow+$2,287

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $550/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Aurora are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Aurora. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    15 Usherwood Street, Aurora | $1,650,000 | Battaglia Team