23 Cranberry Lane, Aurora

Price: $1,658,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13497708

Welcome to 23 Cranberry Lane. This lovely 5 Bedroom home located in one of Auroras highly sought after neighborhoods. This home features spacious family room with picture window overlooking beautiful perennial gardens, hardwood floors ,fireplace. Enjoy your family gatherings in the elegant dining space. The sunken living room is ideal spot to entertain or just relax .It features hardwood floors, large bright windows .The well appointed kitchen features a separate island , SS appliances, lots of counter space, walk out to the deck and backyard, The principal bedroom boasts laminate floors, bright windows ,Walk in closet , 3 piece Ensuite. Additional bedrooms all have hardwood floors and bright windows . The lower level is an excellent space for an additional family room , in law suite .This area is a wide open space , fireplace ,pot lights, 3 piece bath , built in shelving and storage, storage room also in the basement .The backyard space features an interlock patio where you can enjoy the firepit , brand new fencing with a gate walking out to the expansive trail system. The mature trees enhance your privacy , enjoy the serene garden .This home is just waiting for the perfect buyer. A.B.Cairns built, Marley tile roof. No development behind, natural park land

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$1,658,000 - 23 Cranberry Lane, Aurora

Detached for Sale in Aurora

Popular Listing

Neighbourhood: Aurora Highlands

5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13497708
Property Type
Detached
Status
active
Days on Site
10
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Aurora
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Welcome to 23 Cranberry Lane. This lovely 5 Bedroom home located in one of Auroras highly sought after neighborhoods. This home features spacious family room with picture window overlooking beautiful perennial gardens, hardwood floors ,fireplace. Enjoy your family gatherings in the elegant dining space. The sunken living room is ideal spot to entertain or just relax .It features hardwood floors, large bright windows .The well appointed kitchen features a separate island , SS appliances, lots of counter space, walk out to the deck and backyard, The principal bedroom boasts laminate floors, bright windows ,Walk in closet , 3 piece Ensuite. Additional bedrooms all have hardwood floors and bright windows . The lower level is an excellent space for an additional family room , in law suite .This area is a wide open space , fireplace ,pot lights, 3 piece bath , built in shelving and storage, storage room also in the basement .The backyard space features an interlock patio where you can enjoy the firepit , brand new fencing with a gate walking out to the expansive trail system. The mature trees enhance your privacy , enjoy the serene garden .This home is just waiting for the perfect buyer. A.B.Cairns built, Marley tile roof. No development behind, natural park land

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,333.89/mo

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5-yr fixed avg.

Principal: $1,326,400Interest: $873,768
Mortgage Amount$1,326,400
Total Interest$873,768
Est. Property Tax$1,174/mo
Total Cost$2,200,168

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: Aurora Highlands

Discover Aurora Highlands

Aurora Highlands 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 Aurora Highlands

  • 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

Aurora Highlands 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

23 Cranberry Lane, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,174
Insurance (est.)-$345
Net Cash Flow+$2,431

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 $663/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.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Aurora.

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.

About Aurora Highlands

I know Aurora Highlands well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Aurora properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,908 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    23 Cranberry Lane, Aurora | $1,658,000 | Battaglia Team