How Much Equity Does an Aurora Homeowner Have to Downsize With?
An Aurora homeowner selling an average detached home and buying an average York Region condo is working with a gross price spread of roughly $834,000, before any transaction costs are subtracted. Aurora’s current detached equity position is the strongest among the communities tracked on this site, which changes the downsizing math meaningfully compared to other communities.
The Gross Spread
| Metric | Figure | Source |
|---|---|---|
| Aurora avg detached sale price | $1,437,918 | TRREB MLS® May 2026 |
| York Region avg condo sale price | $604,220 | TRREB MLS® April 2026 |
| Gross spread (before costs) | ~$833,698 | Calculated |
Source: TRREB MLS® market data, as labelled above by month. Independently compiled. Verify all financial decisions with qualified professionals.
Why Aurora’s Position Is Different
At $1,437,918 average detached, Aurora carries the strongest equity position of any community tracked on this site. A downsizer selling in Aurora and buying a condo or smaller home — whether in Aurora or elsewhere in York Region — has a meaningfully wider gross spread to work with than the same move from a lower-priced community.
From Gross to Net
Commission, legal fees, mortgage discharge costs, HST on commission, and any land transfer tax on the new purchase all reduce this figure. See How Much Will I Make Selling My Home in York Region for the full breakdown of what comes off the top. This figure is illustrative, built from averages, not a prediction for any specific property.
Quick Answers
- Does Aurora have condo and townhome options for downsizers?
- Aurora offers a mix of townhomes and condo developments alongside its detached housing stock, making it possible for many downsizers to stay in the community.
- Is $833,698 what I would actually receive?
- No. That figure is the gross spread between average sale and purchase prices before commission, legal fees, and other closing costs are subtracted.
- Should I downsize within Aurora or move to a lower-priced community?
- This depends on lifestyle priorities as much as the financial math. Staying in Aurora preserves existing community ties, while moving to a lower-priced community may free up more equity.
- Where do I get my specific home’s value instead of an average?
- A free, no-obligation home value estimate at pambechard.com gives a figure specific to your property rather than a corridor average.
Want the numbers that apply to your specific home or move? Get a free, no-obligation home value estimate at pambechard.com. Pam Bechard, Listing Strategist with Royal LePage RCR Realty, will follow up directly with the comparable sales behind your number.
About Pam Bechard
Pam Bechard is a Listing Strategist with Royal LePage RCR Realty, serving York Region and South Simcoe. With nearly 15 years of experience, her practice is built on verified local data, transparent process, and strategic guidance, not sales pressure. She works with sellers, buyers, downsizers, and relocators across Newmarket, Aurora, Bradford, East Gwillimbury, Innisfil, and surrounding communities.
Get your free home value estimate → pambechard.com · 905-716-2736 · pambechard@royallepage.ca
