243 Murray Drive, Aurora

$1,630,000
243 Murray Drive

$1,630,000

New
4d
Detached2-Storey

243 Murray Drive, Aurora

Total Monthly Obligation $7,504

HausQ Valuation Report
Beds
8
Baths
6
Park
4
Sqft
2500-3000
DOM
4d
Score
15
Yield
3.3%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-N14098026
Beds-8
Bathrooms-6
Size-2500-3000 sqft
Lot Size-92 × 111.08 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,651 (2026)
Parking-6 - Attached
Basement-Apartment, Separate Entrance, Finished, Full
Heating-Forced Air (Gas)
Brokerage-Sutton Group Quantum Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Aurora Highlands
Title-Residential Freehold

No agent assigned

Exceptional luxury living in prestigious Aurora! Situated on a RARE PREMIUM 92-FT-WIDE LOT, This beautifully renovated and remodeled 5-bedroom residence offers a FULLY LEGAL BASEMENT WITH EXCELLENT RENTAL INCOME POTENTIAL. It is ideally located near TOP-RANKED SCHOOLS, with approximately $300.000 invested by the owner in renovations and upgrades. This remarkable property seamlessly combines luxury, comfort and outstanding investment potential. Bathed in natural light and offering NO HOMES DIRECTLY OVERLOOKING THE PROPERTY, THE HOME PROVIDES AN EXCEPTIONAL SENSE OF PRIVACY AND OPENNESS, A stunning 4 SEASON SUNROOM creates the perfect retreat to relax , entertain and enjoy the beauty of every season. Conveniently located just minutes from YONGE STREET, PUBLIC TRANSIT, SHOPPING CENTERS and an abundance of everyday amenities, this exceptional residence offers an outstanding lifestyle for families and investors alike. A RARE OPPORTUNITY TO OWN A BEAUTIFULLY UPGRADED HOME FEATURING A PREMIUM LOT, A LEGAL INCOME-GENERATING BASEMENT B, EXCEPTIONAL NATURAL LIGHT AND AN ENVIABLE LOCATION IN AURORA.

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

Closing Costs

Mortgage Amount
$1,304,000
Land Transfer Taxes$29,075
Legal Fees (Est.)
$
Total cash required for closing$356,575

Total Monthly Obligation

$7,504/mo
Mortgage $6,575
Monthly Loss $5,774
Principal$1,730
Interest$4,845
Property Tax$554
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.1%14
10-Year IRR
7.5%
Returns Index
8.6/ 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
$53,148/yr
NOI
$36,682/yr
Net Cash Flow
-$3,518/mo
Cash Margin
-79.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.2/ 100

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

Comparables

Properties near 243 Murray Drive

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.