Aurora is a York Region town known for its heritage downtown and Sheppard's Bush conservation area, sitting north of Richmond Hill and Newmarket along the Yonge Street corridor. It's a smaller, more established market than its larger York Region neighbours, with a mix of mature detached neighbourhoods and a modest but growing condo segment.
How Much Does a Home Cost in Aurora Right Now?
Based on active listings synced to Condohill:
| Property type | Median price | Active listings |
|---|---|---|
| Condo apartment | $695,000 | 86 |
| Detached house | $1,599,000 | 164 |
Aurora's detached median runs above the GTA-wide median, reflecting its established, larger-lot neighbourhoods and limited new supply. Its condo market is comparatively small — Aurora is still primarily a low-rise, detached-home market rather than a high-rise one, so buyers looking specifically for condo inventory will find fewer options here than in nearby Richmond Hill or Markham.
Why Buyers Choose Aurora
Aurora's heritage downtown, centred on Yonge Street, gives it a small-town character that's increasingly rare closer to Toronto. Sheppard's Bush and the town's network of trails and conservation land are a draw for buyers who want more green space than the inner GTA typically offers, without moving fully rural.
Getting Around: GO Transit
Aurora GO station sits on the Barrie line, giving residents direct rail access into Union Station — a longer commute than closer-in York Region towns, but a realistic option for buyers willing to trade commute time for Aurora's lower density and larger lots relative to Richmond Hill or Markham.
Closing Costs to Budget for in Aurora
| Cost | Typical amount |
|---|---|
| Ontario Land Transfer Tax | Varies by price — see calculation guide |
| Legal fees and disbursements | Typically $1,500–$2,500 |
| Home inspection | Typically $400–$700 for a detached home |
Aurora is in York Region, so buyers pay only the provincial Land Transfer Tax — no additional municipal tax as in the City of Toronto.
Financing an Aurora Purchase
With Aurora's detached median near $1.6 million — above the $1,000,000 threshold where a minimum 20% down payment used to be required, though the insured-mortgage price cap now extends to $1.5 million — many Aurora detached purchases still qualify for an insured mortgage with less than 20% down, provided the specific purchase price stays under that cap. See how mortgage pre-approval works before house-hunting.
FAQ
Is Aurora expensive compared to the rest of York Region?
Aurora's detached median runs above the GTA-wide median but is broadly comparable to other established York Region towns, reflecting its mature neighbourhoods and limited new supply.
Does Aurora have GO Transit?
Yes — Aurora GO station is on the Barrie line, with direct rail service into Union Station.
Does Aurora have many condos?
Not as many as nearby Richmond Hill or Markham — Aurora remains primarily a low-rise, detached-home market.
Is there a municipal land transfer tax in Aurora?
No. Aurora is in York Region, so buyers pay only the provincial Ontario Land Transfer Tax.
What is Aurora known for?
Its heritage downtown along Yonge Street and Sheppard's Bush conservation area, which give it a small-town character with more green space than much of the inner GTA.
Browse current Aurora homes for sale on Condohill to see what's actually available today.
Sources
Price data reflects Condohill's synced MLS® listing data for Aurora as of September 2026. Mortgage insurance price cap per CMHC. For official regional statistics, see the TRREB market statistics page.