$2,799,000 - 243 Ridge Road, Aurora
Detached for Sale in Aurora
Neighbourhood: Aurora Estates
- MLS Number
- N13655086
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Aurora
- Lot Size
- 2 sqft
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Private ~2 Acre 5000SQFT Total Aurora Estate. Serene Hilltop Location. Aerial Views of City Lights & Mature Forests All Around. Unparalleled Privacy, Calmness & Serenity. Tucked Away at the Very End of a Private Cul-de-sac with Private Owners-Only Road Access. Exceptional Value In The Highly Renowned Aurora Estates Community Surrounded by Multiple $5M-$10M Neighbouring Estates. The Best Combination of Location, Privacy, Safety & Proximity. Too Many Upgrades to Name. Oversized Tall Garage, Long Driveway Easily Fits 10+ Large Cars. Useable Land & Room to Grow/Add. Build up to 3 ADUs. Back of Property Can Be Severed to Form A New Building Lot to Build a 2nd Home or Simply Sell the Severed Lot. For Reference Smaller Building Lots on Ridge Rd Have Sold $1.215-$3M. Merely the Land Value of the Lots on this Property Severed Could Quite Easily Exceed the List Price. Endless Potential. A Cottage-Like Estate In The City - 60 Seconds from Yonge St & all shopping needs yet Quiet, Tranquil & Private Like There's No One Around. 5 Beds & Private Entry Loft w/ Floor to Ceiling Skylights. 2 Separate Staircases. Main Floor Bedroom Can Be Used As Home Office or Formal Dining Room. 4 Baths: 6Pc Master Ensuite, 5Pc Main Bath, 2 Powder Rooms on Main Floor. Multiple Organic Fruit/Vegetable/Herb Trees & Plants- Tons of Mint (3 Varieties), Tomatoes, Sage, Chives, Potatoes & Pumpkins. Roses, Ontario Flowers, Hibiscus, Tulips & many other Flowers/Trees Surround the Front Yard. Enjoy Pure, Clean 0PPM Water From The Private Well. Full & Comprehensive H20 Filtration System T/O Home & Exterior Hoses Via The Main Filter Presser, UV Light Disinfectant, Softener Salt Tank & Reverse Osmosis System. W/O Basement w/ Glass Sliding Door, Basement Also Accessible From Garage Through Rear Deck. No Rental Items, No Municipal H20 Bills. Reduced Overhead & More Freedom. Truly A Once In A Lifetime Property. Turn-Key For End Users & Oozing w/ Potential for Prospective Investors. A True Gem In The Aurora Estates
Estimate your monthly payments for this property
Estimated Payment
$12,380.92/mo
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 Estates
Aurora Estates 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 Estates
- •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 Estates 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.
243 Ridge Road, Aurora
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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
Fair Market Value
At $933/sqft, this property is priced in line with current Aurora market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 15 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.
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.