38 Lanewood Drive, Aurora

$1,529,000
38 Lanewood Drive

$1,529,000

New
4d
Detached2-Storey

38 Lanewood Drive, Aurora

Total Monthly Obligation $7,127

Beds
5
Baths
4
Park
4
Sqft
2500-3000
DOM
4d
Score
15
Yield
3.2%
Cash on Cash
-9.3%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
8.9%
Property Type-Detached
MLS® Number-N14095358
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-49.25 × 140.32 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,009.1 (2026)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK YORK GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-90-120 Days/TBA
Neighbourhood-Hills of St Andrew
Title-Residential Freehold

No agent assigned

Welcome To This Beautifully Updated 4-Bedroom, 3.5-Bathroom Home, Perfectly Situated On A Quiet Street In One Of Aurora's Most Desirable Family-Friendly Neighbourhoods! Backing Onto Picturesque Greenspace & Ravine, This Property Offers Exceptional Privacy On A Deep 140' Lot Surrounded By Nature. The Thoughtfully Designed Main Floor Features A Beautifully Renovated Kitchen With A Walkout To A Large Deck, Perfect For Outdoor Dining, Entertaining, Or Simply Enjoying The Peaceful Views. Upstairs, Four Spacious Bedrooms Provide Plenty Of Room For The Whole Family, Including A Generous Primary Retreat With A Beautifully Renovated Ensuite Bath. The Finished Basement Adds Incredible Versatility With A Large Games Room, Inviting Recreation Room With Cozy Fireplace & Wet Bar, 3-Piece Bathroom, Plus A Private Home Office (Could Be 5th Bedroom!). Step Outside To Your Own Backyard Oasis, Complete With A Spacious Deck, Relaxing Hot Tub, & A Stunning Natural Backdrop With No Rear Neighbours. Enjoy The Best Of Both Worlds With A Peaceful, Private Setting Just Steps From Neighbourhood Parks & Miles Of Scenic Walking & Biking Trails. A Wonderful Opportunity To Enjoy Comfortable Family Living In A Beautiful, Established Aurora Neighbourhood!

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

Closing Costs

Mortgage Amount
$1,223,200
Land Transfer Taxes$27,055
Legal Fees (Est.)
$
Total cash required for closing$334,355

Total Monthly Obligation

$7,127/mo
Mortgage $6,168
Monthly Loss $5,504
Principal$1,623
Interest$4,545
Property Tax$584
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
5.8%13
10-Year IRR
7.3%
Returns Index
8.1/ 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
$49,560/yr
NOI
$33,095/yr
Net Cash Flow
-$3,410/mo
Cash Margin
-82.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
14.5/ 100

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

Comparables

Properties near 38 Lanewood Drive

Time

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Data last updated within the past 24 hours.