284 Murray Drive, Aurora

$1,185,000
284 Murray Drive

$1,185,000

New
25d
DetachedBungalow

284 Murray Drive, Aurora

Total Monthly Obligation $5,727

Beds
5
Baths
3
Park
4
Sqft
1500-2000
DOM
25d
Score
17
Yield
4.3%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-N13834702
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-55.62 × 128.39 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$6,860.53 (2026)
Parking-6 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Aurora Village
Title-Residential Freehold

No agent assigned

Beautifully Updated & Freshly Painted Bungalow On A Generous Lot In A Desirable Aurora Neighbourhood, Surrounded By Multi-Million-Dollar Homes. Bright & Spacious Main Floor With Large Principal Rooms, Bay-Windowed Living Room, Fireplace & Eat-In Kitchen With Skylight And Walk-Out To Deck. Seller-Converted Dining Room Provides A Convenient 3rd Bedroom. Spacious Primary Suite With His & Hers Closets & 4-Piece Ensuite. Finished Basement Offers A Recreation Room, Kitchenette, 3-Piece Bath & Sauna. Hardwood Floors, California Shutters, Sunroom & Main-Floor Laundry/Mudroom With Garage & Basement Access. Close To Schools, Shops, Restaurants, Library & Yonge Street. A Fantastic Opportunity In A Highly Sought-After Aurora Location!.

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$
%
%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$948,000
Land Transfer Taxes$20,175
Legal Fees (Est.)
$
Total cash required for closing$258,675

Total Monthly Obligation

$5,727/mo
Mortgage $4,780
Monthly Loss $4,469
Principal$1,258
Interest$3,522
Property Tax$572
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.5%26
10-Year IRR
9.4%
Returns Index
14.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$50,856/yr
NOI
$34,410/yr
Net Cash Flow
-$1,912/mo
Cash Margin
-45.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
17.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 284 Murray Drive

Time

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