
106 Forest Grove Court, Aurora
Aurora
$2,498,000
Cash flow, cap rate & mortgage breakdown
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Listed by REMAX YOUR COMMUNITY REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
5
Days on Market
49
Price Drop
1%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$5,150/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to luxury living on one of Rural Aurora's most exclusive streets. Set on a premium ravine lot backing onto protected greenspace, this exceptional 3,849 sq. ft. luxury residence blends timeless design, bespoke craftsmanship, and resort style outdoor living on a family friendly dead end court with a dedicated park and trail. Inside, 10 ft ceilings on the main floor, 9 ft on the second, extensive custom millwork, crown mouldings, architectural wall detailing, and designer built-ins create a refined yet inviting atmosphere. The chef's kitchen showcases bespoke cabinetry, a statement range hood, oversized centre island, stone countertops, built-in appliances, custom window bench seating, and opens seamlessly to the dining and family rooms with additional custom built-ins. A custom walk-through wine room with built-in cabinetry creates a stunning focal point, connecting the living and dining spaces while elevating everyday living and effortless entertaining. Upstairs offers 4 spacious bedrooms plus a versatile media room and office, originally designed with the option to remain open concept or convert to a 5th bedroom. The primary suite features a tray ceiling and spa inspired ensuite. The professionally finished lower level, completed with approximately $100,000 in premium improvements, features a fitness studio, media room, games area, full 3-piece bathroom, and rough-in kitchen, offering exceptional flexibility for multi-generational living or future customization. The backyard is a private resort-inspired retreat with over $300,000 invested in professionally designed outdoor living, featuring an 18 x 32 ft saltwater pool, handcrafted stone feature wall with four cascading waterfalls, expansive stone terraces, custom pool house, builder upgraded covered loggia with ceiling fan, all backing onto protected greenspace. Minutes to Stronach Park Aurora Recreation Complex, Costco, SmartCentres, private and public golf courses, top rated schools, and Highway 404
MississaugaInvestor.ca
106 Forest Grove Court
Detached · 4bd/5ba · ~4,250 sqft
$2,498,000
Cash-Flow Report · August 3, 2026
Cap Rate
0.48%
Monthly Cash Flow
-$10,495/mo
Estimated Rent
$5,150/mo
Cash-on-Cash
-22.83%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,150 |
| Mortgage | −$11,498 |
| Property Tax | −$1,582 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,082 |
| Vacancy (5%) | −$258 |
| Cash Flow | -$10,495/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$61,800 |
| Vacancy (5%) | −$3,090 |
| Property Tax | −$18,985 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$24,980 |
| Annual NOI | $12,045 |
| Cap Rate | 0.48% |
Cash Required to Close
| Down Payment (20%) | $499,600 |
| Ontario Land Transfer Tax | $48,925 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $551,525 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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