5 Johnson Road, Aurora

Price: $1,186,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N13481874

Location! Location! A rare opportunity to own a beautifully updated home on a premium 45.44X140.71ft lot in one of Aurora's most sought-after and rapidly transforming neighbourhoods. Surrounded by newly built multi-million-dollar custom homes, this property offers comfortable lifestyle, redevelopment potential, and long-term appreciation. Whether you choose to move in, renovate, expand, or build your dream home, the possibilities are endless.Tucked away on a quiet cul-de-sac with minimal traffic, this home offers a peaceful, family-friendly setting that's increasingly hard to find. Adding to its appeal is a fully fenced private backyard-a rare feature in this neighbourhood where many properties have open yards-providing an ideal space for children, pets, entertaining, or simply enjoying your own outdoor retreat. A standout feature is the legal, permit-approved basement apartment, offering immediate rental income with a current tenant who can stay or vacate to suit the buyer's needs. An ideal opportunity for investors or homeowners looking to offset mortgage costs, while also providing an excellent option for multi-generational living.Thoughtfully renovated in 2022, the home features updated flooring, a modern kitchen, and beautifully renovated bathrooms, creating a truly move-in-ready living experience. Major 2025 upgrades include a high-efficiency tankless water heater and a whole-home water softener system. Google smart security cameras with motion-activated lighting add modern convenience, enhanced security, and peace of mind.Ideally located just minutes from top-rated schools, parks, nature trails, shopping, restaurants, public transit, and all the amenities Aurora has to offer. A rare combination of location, income potential, modern upgrades, and future redevelopment value makes this an outstanding opportunity in one of Aurora's most desirable communities.

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$1,186,000 - 5 Johnson Road, Aurora

Detached for Sale in Aurora

61 days on market

Neighbourhood: Aurora Highlands

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N13481874
Property Type
Detached
Status
active
Days on Site
61
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Aurora
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Location! Location! A rare opportunity to own a beautifully updated home on a premium 45.44X140.71ft lot in one of Aurora's most sought-after and rapidly transforming neighbourhoods. Surrounded by newly built multi-million-dollar custom homes, this property offers comfortable lifestyle, redevelopment potential, and long-term appreciation. Whether you choose to move in, renovate, expand, or build your dream home, the possibilities are endless.Tucked away on a quiet cul-de-sac with minimal traffic, this home offers a peaceful, family-friendly setting that's increasingly hard to find. Adding to its appeal is a fully fenced private backyard-a rare feature in this neighbourhood where many properties have open yards-providing an ideal space for children, pets, entertaining, or simply enjoying your own outdoor retreat. A standout feature is the legal, permit-approved basement apartment, offering immediate rental income with a current tenant who can stay or vacate to suit the buyer's needs. An ideal opportunity for investors or homeowners looking to offset mortgage costs, while also providing an excellent option for multi-generational living.Thoughtfully renovated in 2022, the home features updated flooring, a modern kitchen, and beautifully renovated bathrooms, creating a truly move-in-ready living experience. Major 2025 upgrades include a high-efficiency tankless water heater and a whole-home water softener system. Google smart security cameras with motion-activated lighting add modern convenience, enhanced security, and peace of mind.Ideally located just minutes from top-rated schools, parks, nature trails, shopping, restaurants, public transit, and all the amenities Aurora has to offer. A rare combination of location, income potential, modern upgrades, and future redevelopment value makes this an outstanding opportunity in one of Aurora's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,246.08/mo

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5%20%50%

5-yr fixed avg.

Principal: $948,800Interest: $625,023
Mortgage Amount$948,800
Total Interest$625,023
Est. Property Tax$840/mo
Total Cost$1,573,823

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

5 Johnson Road, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$840
Insurance (est.)-$247
Net Cash Flow+$2,513

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

Premium Pricing

At $1694/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.

Negotiation Opportunity

At 61 days on site, this property has exceeded the typical selling timeline for Aurora. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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.

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.

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    5 Johnson Road, Aurora | $1,186,000 | Battaglia Team