116 Elyse Court, Aurora, ON
Bayview Northeast, Aurora · MLS® N13443984
About this home
Welcome to 116 Elyse Crt, one of the largest end-unit freehold townhouses in the heart of Aurora! This spacious home offers four large bedrooms on a premium lot, with no POTL fee. The property backs onto a ravine and a walking trail, offering a peaceful view and easy access to nature. With 2,357 square feet of above-grade living space plus a walkout basement, there is plenty of room for family gatherings and for entertaining guests. The main floor features a rare 10-foot ceiling, while the second floor has 9-foot ceilings. The living room includes a large fireplace and overlooks the lush ravine. The open-concept kitchen has a granite countertop and stainless steel appliances, and is next to a large storage and laundry room. The primary bedroom offers a sitting area, a large walk-in closet, a five-piece ensuite bathroom with a double sink and a stand-alone soaking tub. This is a unique opportunity to own a beautiful home in a quiet, family-friendly neighbourhood surrounded byparks and green spaces, including Aurora Wildlife Park and Stewart Burnett Park. You will also be close to recreational amenities like Stronach Aurora Recreation Complex, Magna Mini Fields, Hickson Park Skatepark, and Magna Golf Club, as well as top-rated schools,shopping, a Cineplex theatre, public transit, Aurora GO station, YRT buses, and just minutes from Highway 404. Don't miss your chance to make this beautiful freehold townhouse your new home!
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13443984
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500
- Lot
- 25.63 × 111.63 ft
- Cross streets
- Leslie & Wellington
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Unfinished, Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,271 / 2025
- Days on market
- 32
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
ceramic floor · access to garage
broadloom · large closet · window
laminate · pot lights · large window
broadloom · 5 pc ensuite · double sink
laminate · overlooks backyard · fireplace
laminate · overlooks backyard · combined w/laundry
broadloom · large closet · window
broadloom · overlooks backyard · combined w/primary
laminate · open concept · stainless steel appl
broadloom · large closet · window
Listed at $1,198,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Bayview Northeast, so I widened the search to the surrounding area.
Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.27M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.10M
- Bathrooms −$15K
- Adjusts to $1.08M
That comparable adjusts to $1.08M; the $1.26M estimate above is the median of all 13 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Dr. G.W. Williams SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Wellington St / Kaleia Av is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $1.26M, median of 13 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Income potential
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 18% below the area average of $648/sqft.
1 days longer than the Aurora average (31 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bayview Northeast, Aurora, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Wellington St / Kaleia Av, about 145 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Aurora.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $958,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,114
- Property tax
- $523
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,637
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,435
- Estimated closing costs
- $20,435
Plus your down payment of $239,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $306,863
- Principal paid down
- $122,052
- Interest paid
- $184,810
- Balance remaining
- $836,348
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.