4 Milgate Place, Aurora, ON

Aurora Highlands, Aurora · MLS® N13526836

$1,300,000
For Sale
Listed 76 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome to this beautifully updated detached home in Aurora's sought-after Highlands community, perfectly situated on a quiet street with no through traffic and...
  • This home features a traditional layout with renovated eat in kitchen, thoughtfully designed with modern finishes, quality cabinetry, and ample workspace for everyday...
  • Step outside to your own private backyard retreat featuring a professionally landscaped yard and an impressive 32' x 16' in-ground pool with an 8-foot deep end -...
  • This home has been meticulously maintained with major updates already completed for peace of mind, including roof (2020), furnace (2020), air conditioner (2020), pool...
  • Located close to top-rated schools, parks, trails, shopping, and transit, this move-in ready home offers the perfect balance of family living and lifestyle...

Welcome to this beautifully updated detached home in Aurora's sought-after Highlands community, perfectly situated on a quiet street with no through traffic and private back yard. Offering 5 spacious bedrooms and 4 upgraded bathrooms, this exceptional family home combines comfort, style, and privacy in one of Aurora's most established neighbourhoods. This home features a traditional layout with renovated eat in kitchen, thoughtfully designed with modern finishes, quality cabinetry, and ample workspace for everyday living and entertaining. Two cozy gas fireplaces add warmth and character to your multiple living spaces. Step outside to your own private backyard retreat featuring a professionally landscaped yard and an impressive 32' x 16' in-ground pool with an 8-foot deep end - perfect for summer entertaining, family fun, or relaxing weekends at home. Enjoy outdoor living on the updated back patio (2017) and welcoming front patio (2019).This home has been meticulously maintained with major updates already completed for peace of mind, including roof (2020), furnace (2020), air conditioner (2020), pool heater (2018), and pool pump (2021).Located close to top-rated schools, parks, trails, shopping, and transit, this move-in ready home offers the perfect balance of family living and lifestyle convenience in one of Aurora's most desirable areas.

Key facts

Property type
Detached, 2-Storey
MLS®
N13526836
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
49.21 × 147.64 ft
Cross streets
Henderson Dr and Yonge St
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$6,697 / 2025
Days on market
76
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Family RoomGround5.24 × 3.31 m

hardwood floor · gas fireplace · ceiling fan(s)

RecreationBasement8.61 × 6.54 m

vinyl floor · gas fireplace · b/i bookcase

Dining RoomGround4.07 × 3.33 m

vinyl floor · overlooks pool

LaundryGround0.00 × 0.00 m
Bedroom 3Second3.58 × 3.44 m

broadloom · double closet

Bedroom 4Second4.20 × 3.44 m

broadloom · double closet · overlooks pool

Bedroom 2Second3.31 × 3.43 m

broadloom · double closet · overlooks frontyard

Primary BedroomSecond5.89 × 4.32 m

broadloom · walk-in closet(s) · 5 pc ensuite

Living RoomGround5.21 × 3.33 m

vinyl floor · bay window · french doors

Bedroom 5Basement3.95 × 3.46 m

vinyl floor · closet

KitchenGround6.28 × 4.26 m

ceramic floor · eat-in kitchen · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.26Mlikely closing

Listed at $1,300,000 with no offer date. Homes here have been closing close to ask, so my read is $1.26M, typically $1.22M to $1.29M. Comparable closings on their own put this home around $1.36M, which supports the ask, so this is a firm read.

List price
$1.22MBelow recent closings$1.30MAbove recent closings

Total price vs nearby homes. Likely closing about $1.26M, from 24 recent closings in this pocket.

The market behind the math:

24sold nearby · 90 days
$1.41Mmedian sold price
96%of asking, on average
+3%prices vs a year ago
~24 dayshomes like this take to sell
76days on market so far
$4,975/moest. rent · 23 leases
4.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 13 detached homes for sale in the area against 24 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 $578/sqft against an area asking average of $583/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.

It never sees the asking price. The 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.37M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 24 comparable homes that sold in Aurora Highlands over the past two years, from 187 closings there.

What sellers nearby are askingCurrently listed nearby in Aurora Highlands · asking prices
$1.46Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $576/sqft; this home lists at $578/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.30MThis home1.47M1.40M1.29M1.55M1.60MThis home vs active comparables

Neighbourhood & location

Aurora Highlands, 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 Estates
$2.36M
Aurora Village
$1.54M
Aurora Heights
$1.11M
Bayview Southeast
$2.41M
Bayview Northeast
$1.57M

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 Highview PS
68%
Highview PSPublic · Elementary · JK-8 · 1.3 km awayBelow the GTA average · 68% meet the provincial standard
Light Of ChristEQAO results not published
Also nearby: 7 more schools within 2.5 km
St Joseph Catholic Elementary School · Catholic elementary0.6 km · 92% at standard
Regency Acres Public School · Public elementary0.7 km · 66% at standard
ACCESS Program · Public secondary1.4 km
Light of Christ Catholic Elementary School · Catholic elementary1.5 km · 78% at standard
Wellington Public School · Public elementary2.0 km · 78% at standard
Holy Spirit Catholic Elementary School · Catholic elementary2.3 km · 88% at standard
Aurora Grove Public School · Public elementary2.4 km · 69% at standard

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

Affordability & Mortgage

Affordability
$5,925/mo
$247KIncome needed
5.3×Price ÷ income
$1,367Weekly cost
$22,475Land 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.

91%mortgage
Mortgage $5,925Property tax $558Total carry $6,483

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)
$5,693per month

Mortgage amount $1,040,000 · 4.39% over 25 years

$260,000Down payment (20.0%)
$1,040,000Loan before insurance
$0CMHC premium
$6,251Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,693
Property tax
$558
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,251

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

One-time closing costs

Ontario land transfer tax
$22,475
Estimated closing costs
$22,475

Plus your down payment of $260,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,897/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

$667,808Total interest paid
$1,707,808Total of all payments
Principal $1,040,000 Interest $667,808
YearPrincipalInterestBalance
1$23,534$44,778$1,016,466
2$24,578$43,734$991,888
3$25,669$42,643$966,218
4$26,808$41,504$939,410
5$27,998$40,314$911,412
6$29,241$39,071$882,171
7$30,539$37,774$851,632
8$31,894$36,418$819,738
9$33,310$35,003$786,429
10$34,788$33,524$751,641
11$36,332$31,980$715,309
12$37,944$30,368$677,365
13$39,628$28,684$637,736
14$41,387$26,925$596,349
15$43,224$25,088$553,125
16$45,142$23,170$507,983
17$47,146$21,167$460,837
18$49,238$19,074$411,599
19$51,423$16,889$360,175
20$53,706$14,607$306,470
21$56,089$12,223$250,380
22$58,579$9,734$191,802
23$61,178$7,134$130,623
24$63,894$4,419$66,729
25$66,729$1,583$0

At the end of your 5-year term

Total paid over the term
$341,562
Principal paid down
$128,588
Interest paid
$212,973
Balance remaining
$911,412

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 23 whole-home leases in Aurora Highlands$4,975/mo
$59,700Gross annual rent
3.5%Cap rate after taxes and upkeep
$3,975 to $5,475Typical rent range
~36 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 23 whole-home leases in Aurora Highlands signed at a median of $4,981 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,975. 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.

4.6%
Gross yield
− Property tax $6,697− Insurance $1,400− Vacancy & upkeep $6,567Net operating income $45,036

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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