Greater Toronto Area
Aurora Real Estate Appraisals
Residential, Commercial & Industrial Property Appraisals in Aurora, Ontario
REX Valuations provides professional real estate appraisal and property valuation services throughout Aurora, Ontario and the surrounding York Region market.
Our appraisal assignments include detached and semi-detached homes, townhouses and condominiums, commercial and mixed-use properties, industrial and warehouse facilities, office and retail properties, vacant land, development land and other specialized properties.
Appraisals may be required for financing, acquisitions and dispositions, matrimonial and litigation matters, estates, property taxation, expropriation, retrospective valuation and other purposes.
Aurora Real Estate Market – Q2 2026
Aurora's residential market became more active during Q2 2026, with transaction volumes increasing through the spring and conditions tightening relative to the first quarter.
Approximately 310 residential properties sold in Aurora during Q2, based on approximately 92 sales in April, 118 in May and 100 in June. Average monthly prices ranged from approximately $1,210,000 to $1,295,000 through the quarter.
By June, Aurora's MLS HPI composite benchmark was approximately $1,198,000, down approximately 4.2% year-over-year. The municipality had approximately 3.6 months of inventory and a sales-to-new-listings ratio of approximately 42%, indicating broadly balanced conditions.
Commercially, Aurora remained an important York Region employment and industrial market. Q2 industrial availability in the Aurora / Newmarket corridor was approximately 5.7%, with average asking net rent of approximately $17.80 per square foot. The Town was also advancing planning work on its 2C Secondary Plan, which will guide future residential and employment growth in north Aurora.
Residential Real Estate Market in Aurora – Q2 2026
Aurora's residential market is characterized by a mix of established neighbourhoods with mature housing stock and newer suburban communities developed since the 1990s. The town's reputation for quality schools, parks and community amenities supports sustained residential demand.
Detached homes remained the dominant housing type and averaged approximately $1,420,000 in June 2026. Townhouses averaged approximately $980,000 and condominium apartments approximately $680,000. Aurora's price levels reflect its position as one of York Region's more desirable communities.
The sales-to-new-listings ratio moved from approximately 37% in April toward 42% by June, while average days on market declined from approximately 30 to 24. Properties sold for an average of approximately 99% of asking price by June.
Aurora's GO Transit service on both the Barrie line (Aurora GO Station) and proximity to Highway 404 and Highway 400 make it attractive to households commuting to Toronto and other GTA employment centres.
Q2 2026 Trend
Aurora's June MLS HPI benchmark of approximately $1,198,000 was about 4.2% below June 2025. With 3.6 months of inventory and a 42% sales-to-new-listings ratio, the market was broadly balanced — more active than early 2026 but still providing buyers with meaningful selection.
Aurora Q2 2026 Residential Market Snapshot
| Indicator | Q2 2026 Quarter-End |
|---|---|
| Sales — April 2026 | ~92 |
| Sales — May 2026 | 118 |
| Sales — June 2026 | 100 |
| Average Price — April | $1,210,000 |
| Average Price — May | $1,295,000 |
| Average Price — June | $1,255,000 |
| MLS HPI Benchmark — June | $1,198,000 (-4.2% YoY) |
| Months of Inventory — June | 3.6 |
| Sales-to-New-Listings Ratio — June | 42% |
| Avg. Days on Market — June | 24 |
| Sale-to-List Price Ratio — June | ~99% |
| Detached Average — June | $1,420,000 |
| Townhouse Average — June | $980,000 |
| Condo Apartment Average — June | $680,000 |
TRREB-derived Aurora market data, April–June 2026; TRREB MLS HPI, June 2026.
Residential Neighbourhoods in Aurora
Aurora contains a range of housing markets, and values can differ materially across relatively short distances.
Aurora Village / Downtown
The historic core of Aurora containing older detached housing, heritage properties, commercial buildings and mixed-use development near Yonge Street and Wellington Street. Heritage character and proximity to Aurora GO Station can be relevant valuation considerations.
Aurora Heights
An established west Aurora community containing predominantly detached and semi-detached housing.
Bayview Wellington
Contains established detached housing in central Aurora near Bayview Avenue.
Temperance Street / Aurora Grove
Established residential communities in central and east Aurora containing detached homes and townhouses.
Bayview Northeast
A newer residential community in northeast Aurora containing detached homes and townhouses.
Trails of Country Ridge
Contains newer detached and semi-detached housing in north Aurora.
Aurora 2C Area
North Aurora lands subject to the 2C Secondary Plan, planned to accommodate future residential, employment and mixed-use development. Properties in this area may have development potential requiring analysis of planning permissions and servicing.
Rural Aurora
Aurora's rural and estate residential areas contain larger lot properties and hobby farms. These properties require analysis of rural comparable sales, lot characteristics and development potential.
Commercial Real Estate Market in Aurora – Q2 2026
Aurora's commercial real estate market is supported by its position along the Yonge Street corridor and by the municipality's role as a York Region employment and service centre.
The municipality contains industrial, manufacturing, logistics, warehouse, office, retail and service-commercial properties, together with employment land in the Wellington Street and St. John's Sideroad corridors.
Aurora's economic development priorities include advanced manufacturing, clean technology, professional services, information technology and health sciences.
Industrial Property in Aurora
Aurora's industrial market forms part of the broader York Region industrial corridor during Q2 2026.
Industrial availability in the Aurora / Newmarket corridor was approximately 5.7%, with average asking net rent of approximately $17.80 per square foot. Aurora's industrial inventory is concentrated in employment areas along Wellington Street East, Industrial Parkway and St. John's Sideroad.
Aurora's industrial properties range from older small-bay manufacturing and service-industrial buildings to newer mid-bay and large-bay facilities. The municipality's proximity to Highway 404 and Highway 400 supports demand from logistics and distribution users serving the broader York Region and GTA markets.
For appraisal purposes, building age, clear ceiling height, shipping configuration and proximity to major highways are particularly relevant value factors in Aurora's industrial market.
Key industrial valuation factors
- Building area and clear ceiling height
- Truck-level and drive-in shipping
- Office percentage and site coverage
- Yard area and outside storage
- Electrical capacity and building age
- Highway 404 and Highway 400 access
- Zoning and environmental condition
- Redevelopment potential
Retail and Mixed-Use Property in Aurora
Aurora's principal commercial corridors include Yonge Street, Wellington Street, Bayview Avenue and the Aurora Shopping Centre / St. John's Sideroad area.
The municipality contains neighbourhood plazas, power centres, automotive properties, restaurants, professional offices and mixed-use development. The Yonge Street corridor is Aurora's primary retail spine and connects the downtown core with newer commercial development in north Aurora.
Retail and commercial property values in Aurora are influenced by traffic volumes, visibility, parking, anchor tenancy, lease terms and the competitive retail environment within York Region.
What Drives Real Estate Values in Aurora?
Aurora's economy includes advanced manufacturing, clean technology, professional services, information technology, health sciences, retail and education. The municipality's position along the Yonge Street corridor with access to Highway 404 and Highway 400 makes it attractive to businesses serving the broader York Region and GTA markets.
Aurora's employment lands along Wellington Street East and St. John's Sideroad support a range of industrial, commercial and office uses.
Major Commercial and Employment Areas in Aurora
Wellington Street East Employment Area
Aurora's principal industrial and employment district, containing manufacturing, warehouse, distribution and service-industrial properties.
Industrial Parkway
Contains established industrial and employment properties in central Aurora.
St. John's Sideroad Employment Lands
Employment properties along St. John's Sideroad in north Aurora, with access to Highway 404.
Aurora 2C Employment Area
Future employment lands in north Aurora planned under the 2C Secondary Plan to accommodate industrial and commercial growth.
Transportation and Accessibility
Aurora GO Station on the Barrie line provides regional commuter rail service toward Toronto and Barrie. The station is located near the downtown core and is a significant influence on residential demand in central Aurora.
Highway 404 provides north-south access connecting Aurora to the Highway 401 / DVP corridor and to East Gwillimbury and Newmarket. Highway 400 is accessible via St. John's Sideroad and provides access to Vaughan and Barrie.
Yonge Street is Aurora's principal arterial road and connects the municipality to Richmond Hill and Newmarket. York Region Transit provides local bus service connecting Aurora communities.
Development, Planning and Zoning in Aurora
Aurora's 2C Secondary Plan is the municipality's most significant active planning initiative. The 2C area encompasses lands in north Aurora planned to accommodate substantial new residential, employment and mixed-use development. For appraisal purposes, properties within the 2C Secondary Plan area may require analysis of existing use, planning permissions, approved density, servicing and development timing.
Aurora's Official Plan reflects the requirements of the Growth Plan for the Greater Golden Horseshoe and the municipality's role as an Urban Growth Centre within York Region. The Town is expected to accommodate additional population and employment growth through 2051.
What Affects Property Value in Aurora?
There is no single "Aurora price per square foot" that reliably determines market value. A professional appraisal considers the specific competitive market for the property, rather than applying a municipal average to an individual asset.
Residential
- –Neighbourhood and housing type
- –Lot size and building area
- –Age, condition and renovation quality
- –Aurora GO Station proximity
- –Highway 404 and Yonge Street access
- –School quality and community amenities
- –Recent comparable sales
Commercial & Industrial
- –Zoning and permitted use
- –Building area, clear height and shipping
- –Site coverage and outside storage
- –Market rent, vacancy and lease terms
- –Highway 404 and Highway 400 access
- –Yonge Street corridor visibility
- –Redevelopment potential
Vacant & Development Land
- –Official Plan and 2C Secondary Plan designation
- –Zoning and development approvals
- –Servicing availability and development charges
- –Environmental constraints
- –Highest and best use
Real Estate Appraisal Services in Aurora
REX Valuations provides appraisal and valuation services for a range of Aurora properties, including commercial, office and industrial properties; residential properties; vacant and development land; investment properties; and specialized real estate.
Assignments may be required for
- Financing
- Acquisition or disposition
- Estate matters
- Matrimonial proceedings
- Litigation support
- Property taxation
- Expropriation
- Insurance
- Investment analysis
- Retrospective valuation
Aurora Real Estate Appraisal – Quick Answers
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