$799,900 - 23 Richardson Drive, Aurora
Semi-Detached for Sale in Aurora
Popular ListingNeighbourhood: Aurora Highlands
- MLS Number
- N13577096
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Discover the perfect blend of comfort and investment potential in this lovely updated semi detached bungalow ideally situated in Aurora Highlands neighbourhood, backing to serene greenspace. This property offers a rare opportunity to enjoy the bungalow lifestyle while capitalizing on a lucrative legal accessory apartment with separate entry. Maximize your financial flexibility, assist with mortgage approval or investors can enjoy a turn-key duplex rental solution designed for positive cash flow. Main level offers vinyl & porcelain floors, white renovated kitchen with stainless steel appliances & a spacious sun filled breakfast room. Bright primary suite, 2nd bedroom or den with walk out to a private deck with pergola, enjoying a natural treed backdrop. Both bedrooms share a renovated 4 pc bath. Separate entry to legal basement apartment featuring vinyl floors thorough out, large family rm with double sided gas fireplace, 2 bedrooms or 1 bedroom + office, full kitchen with quartz counter, dining room, 3 piece bath & separate laundry area. Plenty of parking for 4 vehicles with easy highway access but conveniently located within a short walk to Yonge St, shops, transit & more! Whether you are looking to enter the market with the support of supplemental income or seeking a robust addition to your real estate portfolio, this property is a rare find that demands a closer look! Note: 3rd bedroom converted to breakfast room.
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
5-yr fixed avg.
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.
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
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.
23 Richardson Drive, Aurora
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1143/sqft, this property is priced above the Aurora average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.