51 Knowles Crescent, Aurora

$979,900
51 Knowles Crescent

$979,900

New
8d
DetachedBacksplit 3

51 Knowles Crescent, Aurora

Total Monthly Obligation $4,775

Beds
4
Baths
2
Park
6
Sqft
700-1100
DOM
8d
Score
15
Yield
3.4%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-N14081442
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 120 ft
Listed on site-Oct 15, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$5,372.4 (2026)
Parking-7.5 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SOURCE 4 REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-immediate
Neighbourhood-Aurora Highlands
Title-Residential Freehold

No agent assigned

Priced to Sell!!! A beautifully renovated 3-level backsplit situated on a premium 60 x 120 ft lot in one of Aurora's most established and desirable neighborhoods. This move-in-ready detached home features a bright, functional layout with smooth ceilings throughout, stylishly renovated bathrooms, and a modern kitchen complete with elegant Caesarstone countertops. Step outside to your private backyard retreat, featuring a custom-built deck surrounded by mature trees for exceptional privacy-perfect for entertaining or relaxing in a peaceful setting. Freshly paved over extended driveway provides plenty of parking. Beyond its impressive updates, this property offers outstanding long-term potential. The expansive 60 x 120 ft lot presents an exceptional opportunity to enjoy the home today while offering the possibility to build a custom home in the future. Great location ,minutes away from Upper Canada Mall , St . Andrews College , Go station, restaurants and local parks . This home is perfect for young family or downsizing family.

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

Closing Costs

Mortgage Amount
$783,920
Land Transfer Taxes$16,073
Legal Fees (Est.)
$
Total cash required for closing$213,553

Total Monthly Obligation

$4,775/mo
Mortgage $3,953
Monthly Loss $3,735
Principal$1,040
Interest$2,913
Property Tax$448
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.5%13
10-Year IRR
7.1%
Returns Index
7.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$33,600/yr
NOI
$20,368/yr
Net Cash Flow
-$2,255/mo
Cash Margin
-80.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
17.8/ 100

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

Comparables

Properties near 51 Knowles Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.