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York Region

Property management in Aurora

Aurora sits between Richmond Hill and Newmarket, with a GO station on the Barrie line and family neighbourhoods on both sides of Yonge Street. Most rentals are houses, townhouses and basement apartments, with a few condo buildings.

  • Aurora by-laws tracked for you
  • Rents with their source
  • One statement every month
, Property management in Aurora

Aurora in numbers

What renting in Aurora looks like.

New leases start at the asking rent. CMHC’s averages include tenants who have stayed for years, so they run lower: that gap is why the rent is set with care every time a home turns over.

$2,650

Asking rent for a 2-bedroom apartment in the Toronto area, down 0.7% on a year earlier

Statistics Canada, Q2 2026

$2,187

Average rent paid for a 2-bedroom in purpose-built rentals in Aurora, long-standing tenancies included

CMHC, October 2025

3.0%

Purpose-built rental vacancy in the Toronto area

CMHC, October 2025

Local rules

Aurora rules we watch for you.

City by-laws change. We keep track and tell you what your rental needs.

Local rule

Short-term rentals

The Town of Aurora licenses short-term rentals. Get the licence before you list, and put its number on every ad.

Checked Oct 14, 2026

Local rule

Additional units

Basement and other additional units must meet zoning, Building Code and Fire Code rules before they’re rented.

Checked Oct 14, 2026

Neighbourhoods

Where we work in Aurora.

  • Aurora Village
  • Aurora Highlands
  • Aurora Heights
  • Aurora Grove
  • Bayview Wellington
  • Bayview Northeast
  • Hills of St Andrew

Near Aurora but not listed? Ask us.

Where Sapphire works: Toronto, the GTA, Hamilton, Kitchener-Waterloo, Barrie and LondonLake Ontario401400QEWPEELHALTONYORKDURHAMTORONTO
Aurora, ringed, among the cities we serve. Each one links to its own page.

Local questions

Renting out a home in Aurora.

Do short stays in Aurora need a licence?

Yes. Aurora licenses short-term rentals, so the licence comes before the listing.

Can I rent out a basement apartment in Aurora?

Yes, once the unit meets zoning and the Building and Fire Codes. We check that before we list it, and price it against similar units nearby.

Free rental review

What should your Aurora rental earn?

Tell us about the property and we’ll come back with a rent range and a plan.

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We'll call or email as soon as we can with a rent range, what we'd fix first and what management would cost.

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