148 Milestone Crescent, Aurora, ON

Aurora Village, Aurora · MLS® N13052688

$480,000
For Sale
Listed 145 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1000-1199Sq ft

About this home

In short

  • Welcome to this well-kept 3-bedroom condo townhouse located in the highly desirable Aurora Village community.
  • The complex is family-friendly and offers access to outdoor amenities including green space and a seasonal pool, adding to the overall lifestyle appeal.

Welcome to this well-kept 3-bedroom condo townhouse located in the highly desirable Aurora Village community. Offering a functional multi-level layout, this home features bright principal rooms, comfortable living spaces, and a walk-out to a private patio-perfect for relaxing, entertaining, or enjoying outdoor living in a quiet, established setting. This property is an excellent opportunity for first-time buyers, young families, or investors looking to secure a home in a strong, well-connected neighbourhood. The complex is family-friendly and offers access to outdoor amenities including green space and a seasonal pool, adding to the overall lifestyle appeal. Conveniently situated within walking distance to everyday essentials, residents enjoy close proximity to schools, parks, trails, shopping, restaurants, and the local community hub at the Aurora Public Library. Outdoor enthusiasts will appreciate nearby parks and recreational areas, while commuters benefit from easy access to transit routes, Yonge Street, and major highways. The location also provides quick access to healthcare services, including the nearby Southlake Regional Health Centre, along with a wide range of medical clinics and pharmacies in the area. Set in an established and welcoming neighbourhood, this home combines comfort, convenience, and community. Aurora Village is known for its mature surroundings, walkability, and strong sense of community, making it a consistently sought-after location. A fantastic opportunity to enter the market or downsize into a manageable, well-located home with everything you need close by

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
N13052688
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Wellington & Murray
Parking
1 garage · 2 parking (carport)
Basement
Finished
Heating
Forced Air
A/C
None
Exterior
Aluminum Siding, Brick
Maintenance
$709/mo
Exposure
South
Property tax
$2,238 / 2025
Days on market
145
Listing brokerage
ROYAL LEPAGE CITIZEN REALTY

Rooms

BathroomLower2.10 × 1.01 m
KitchenSecond2.60 × 3.11 m
FoyerMain1.28 × 1.76 m
Dining RoomSecond3.15 × 3.08 m
Living RoomMain5.85 × 5.24 m
Living RoomLower3.10 × 3.26 m
LaundryLower2.65 × 3.11 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$465Klikely closing

Listed at $480,000 with no offer date. Homes here have been closing close to ask, so my read is $465K, typically $457K to $471K. Comparable closings on their own put this home around $488K, which supports the ask, so this is a firm read.

List price
$457KBelow recent closings$480KAbove recent closings

Total price vs nearby homes. Likely closing about $465K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$490Kmedian sold price
94%of asking, on average
−27%prices vs a year ago
~57 dayshomes like this take to sell
145days on market so far
$2,502/moest. rent · 13 leases
6.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 6 condo townhouse homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $437/sqft against an area asking average of $422/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $493K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

Its public catchment (Aurora HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 20 homes sold in this building over the past two years, from 47 closings in Aurora Village.

Neighbourhood & location

Aurora Village, Aurora, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Aurora Highlands
$748K
Bayview Wellington
$729K
Aurora Estates
$1.30M

Typical asking price of active listings of the same type, per area (outliers removed). Aurora.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Wellington PS
78%
Wellington PSPublic · Elementary · JK-8 · 0.3 km awayAbove the GTA average · 78% meet the provincial standard
Light Of ChristEQAO results not published
Also nearby: 9 more schools within 2.5 km
Our Lady of Grace Catholic Elementary School · Catholic elementary0.7 km · 77% at standard
Aurora Heights Public School · Public elementary1.0 km · 68% at standard
Devins Drive Public School · Public elementary1.2 km · 77% at standard
Regency Acres Public School · Public elementary1.3 km · 66% at standard
St Joseph Catholic Elementary School · Catholic elementary1.4 km · 92% at standard
ACCESS Program · Public secondary1.4 km
Lester B Pearson Public School · Public elementary1.7 km · 90% at standard
St Maximilian Kolbe High School · Catholic secondary2.2 km · 74% at standard
Holy Spirit Catholic Elementary School · Catholic elementary2.4 km · 88% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,188/mo
$106KIncome needed
4.5×Price ÷ income
$505Weekly cost
$6,075Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

71%mortgage
Mortgage $2,188Property tax $186Condo fee $709Total carry $3,083

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,102per month

Mortgage amount $384,000 · 4.39% over 25 years

$96,000Down payment (20.0%)
$384,000Loan before insurance
$0CMHC premium
$2,997Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,102
Property tax
$187
Condo / maintenance fees
$709
Heating
$0
Estimated monthly cost
$2,997

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,075
Estimated closing costs
$6,075

Plus your down payment of $96,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,547/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$246,575Total interest paid
$630,575Total of all payments
Principal $384,000 Interest $246,575
YearPrincipalInterestBalance
1$8,689$16,534$375,311
2$9,075$16,148$366,235
3$9,478$15,745$356,758
4$9,899$15,324$346,859
5$10,338$14,885$336,521
6$10,797$14,426$325,725
7$11,276$13,947$314,449
8$11,776$13,447$302,673
9$12,299$12,924$290,374
10$12,845$12,378$277,529
11$13,415$11,808$264,114
12$14,010$11,213$250,104
13$14,632$10,591$235,472
14$15,281$9,942$220,190
15$15,960$9,263$204,231
16$16,668$8,555$187,563
17$17,408$7,815$170,155
18$18,180$7,043$151,975
19$18,987$6,236$132,988
20$19,830$5,393$113,158
21$20,710$4,513$92,448
22$21,629$3,594$70,819
23$22,589$2,634$48,230
24$23,592$1,631$24,639
25$24,639$584$0

At the end of your 5-year term

Total paid over the term
$126,115
Principal paid down
$47,479
Interest paid
$78,636
Balance remaining
$336,521

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 13 whole-home leases in Aurora Village$2,502/mo
$30,024Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,376 to $2,696Typical rent range
~33 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 13 whole-home leases in Aurora Village signed at a median of $2,720 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,502. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.3%
Gross yield
− Property tax $2,238− Condo fees $8,504− Insurance $600− Vacancy & upkeep $3,303Net operating income $15,379

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE CITIZEN REALTY. MLS®/PropTx.

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