Bungalow with Legal Basement Apartment on Quiet Cul-de-Sac in Aurora

Property details for 5 Johnson Road, Aurora

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 2
Lot Size: 45.4 x 140.7 FT ; As Per Plan/Mpac Measurments
Stories: 1
Basement: Apartment in basement, Separate entrance, N/A, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $5,218

This 5-bed, 2-bath bungalow on a 45.4 x 140.7 ft lot in Aurora is all about the income potential. The basement apartment is legal and permit-approved, with its own entrance and rented space - the tenant can stay or move out, depending on what you want. That's immediate rental income to help with the mortgage or setup for multi-gen living. Up top, you've got 3 beds and a renovated kitchen with modern finishes, plus laminate and ceramic flooring throughout. Renovated in 2022, so it's fresh. The place sits on a quiet cul-de-sac, fully fenced backyard, and there's a detached garage with space for 6 cars total. Big lot for the area, surrounded by new custom builds, so you've got redevelopment potential down the road if you want to build bigger. 2025 upgrades include a tankless water heater and water softener, plus Google security cameras with motion lights. Schools are close: Aurora High School is 1.5 km, and there's a library 2 km away. Taxes run about $5,217 a year. Listed at $1,186,000, which is right at the median for nearby active listings. If you're looking for a place that pays for itself, this is it.

About 5 Johnson Road, Aurora — Property Score

Prime Location Hot Market Well Priced

Score: 72/100

Value

Priced 28.8% below area median of $1,666,000 based on 93 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

2 bathrooms - 1 fewer than similarly priced properties nearby 48

6,388 sqft lot - a generous lot for the area 78

Location

$95K median household income - above the Canadian average of $70K 78

86% of residents hold postsecondary credentials - a highly educated neighbourhood 93

87% homeownership rate - indicating a stable, owner-occupied community 91

54% of residents commute under 30 minutes - good commuting convenience 74

2,804/km² population density - a well-balanced suburban area 98

Market

Just listed - area average is 36 days on market 100

+18844.4% median price change over 1 month - rising prices in the area 100

74.5 months of housing supply - 149 active listings with 2 sold last month (buyer's market) 40

Features

6-car garage - area average is 6.8 spots 95

Apartment in basement, Separate entrance, N/A, N/A basement - potential for additional finished space 70

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.44% effective tax rate ($5,217/yr) - very low tax burden 87

13% renter population - primarily owner-occupied area 46

Quality

Condition

Listing

28 photos provided - below the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.