Residents of the Town of Aurora are expected to pay property taxes on all residences that they own. Payment installations are due two times a year, usually one around January and one around June/July. The tax rate consists of the rates as set by the three government agencies: Municipal, Regional, Provincial. Property taxes can usually be found on each active Zoocasa listing.
There is currently no municipal land transfer tax in effect in Aurora but the provincial land transfer tax still applies to all property purchases. First-time home buyers in Ontario may quality for a provincial land transfer tax rebate of up to $4,000.
See below for provincial land transfer tax rates.
|Ontario Land Transfer Tax Rates|
|$0 - $55,000||0.5%|
|$55,000.01 - $250,000||1.0%|
|$250,000.01 - $400,000||1.5%|
|$400,000.01 - $2,000,000||2.0%|
Aurora Land Transfer Example:
Purchase price = $600,000
|Purchase Price||Subtract Tax Brackets||Rate||Non 1st Time Buyer Tax Payable||1st Time Buyer Tax Payable|
|$0 - $55,000||$55,000||0.5%||$275||$0|
|$55,000 - $250,000||$195,000||1.0%||$1,950||$0|
|$250,000 - $400,000||$150,000||1.5%||$2,250||$475|
|$400,000 - $600,000||$200,000||2.0%||$4,000||$4,000|
|Non 1st Time Buyer||1st Time Buyer|
Situated in the heart of the Greater Toronto Area, Aurora is a diverse and fast-growing community with a small town atmosphere. The town lies in central York Region and boasts a diverse economy, skilled workforce and a well-connected transportation hub. Home to large corporations such as State Farm and the York Regional Police headquarters, as well as a wide array of parks and trails, Aurora makes the ideal home for family-friendly neighbourhoods.
As of the Canada 2016 Census, there are 55,445 people residing within the Town of Aurora. This represents a 4.2% growth from the 2011 Census population of 53,203, trailing just behind Ontario’s growth rate of 4.6% and Canada’s growth rate of 5.0%. Majority of Aurora’s population is of white ethnicity at 86.3%.
Education in the Town of Aurora is serviced by three boards: the York Region District School Board (English public education), the York Catholic District School Board (English Catholic education) and Conseil scolaire de district catholique Centre-Sud (French Catholic education). There are a number of English-language elementary schools and one French-language elementary school in Aurora. Students have the option of attending one of 5 high schools in the town and the sole private school is St. Andrew’s College, an independent school for boys.
Aurora’s historic Downtown core is the go-to for home décor, fine art, flowers and jewelry shops. You can also find recreational services such as spas and salons which are frequented by the locals. Other major shopping centres include Aurora Shopping Centre, which has 31 retail merchant stores and Upper Canada Mall, located in Aurora’s neighbouring town, Newmarket.
The Town of Aurora also hosts a total of 62 parks, encompassing over 800 acres of green spaces and 57 kilometres of trails. Featuring landscaped public parks to environmentally sensitive river valleys and the Oak Ridges Moraine, Aurora boasts an abundance of nature. Notable spots include Aurora Wildlife Park and the Aurora Community Arboretum.
There are currently no professional sports team that belong to Aurora. Most residents in the city visit Toronto for professional sports.
There are currently no regulations in place for short-term rental platforms like Airbnb in the Town of Aurora.
The main form of transportation in Aurora is serviced by York Region Transit (YRT) which operates buses and its Viva Bus Rapid Transit service on several routes throughout the town.
GO Transit also operates in the town and provides easy transport into downtown Toronto, offering both train and bus services from Aurora GO Station.
Residents looking to travel internationally will have to visit Toronto Pearson International Airport (YYZ), the closest and largest international airport in the GTA. Handling over 45 million passengers annually, Pearson is the busiest airport in Canada.
The biggest taxi company that operates in Aurora is City Cab Ltd. Because taxis are difficult to hail on the go, it is best to book in advance or visit a train station or hotel where they are usually parked waiting for passengers.
Highway 404 sits at the eastern border of Aurora and notable major roads running through the town include Bathurst Street, Yonge Street, Bayview Avenue, and Leslie Street.
Aurora is home to a variety of specialized health-care services, social services and long-term care facilities. The biggest hospital in the area is Southlake Regional Health Centre, located in Newmarket. Other health care centres in the area include Aurora Medical Clinic, Hollidge Medical Centre and Morneau Shepell’s Children’s Support Solutions.