389 Elyse Court, Aurora, ON

Bayview Northeast, Aurora · MLS® N13565896

$1,099,000
For Sale
Listed 96 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
4Bathrooms
1Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • Freehold Townhouse, Close to 3,000 sq ft living space.
  • Well maintained, Move in Condition. under 10 yrs.
  • Open Concept Kitchen w/ upgrade cabinets, Stainless Steel appliances, Spacious island.
  • Huge master bedrm w/ 2 W/I closets & 5-pc ensuite Boasts Spa-like glass shower & freestanding Tub.
  • Ideally located minutes to Hwy 404, Aurora GO Station, Southlake Regional Hospital, vibrant shopping on Bayview Ave, parks & nature escapes.

Freehold Townhouse, Close to 3,000 sq ft living space. Well maintained, Move in Condition. under 10 yrs. Spacious. Basement newly finished (2024).4 bedrm + Open library on 2nd fl. One office in bsmt (office can be 5th bedrm). Main fl 10 ft smooth ceil, Elegant Wall Moulding. 2nd fl 9 ft ceil. Pot lights thru-out main & bsmt. Open Concept Kitchen w/ upgrade cabinets, Stainless Steel appliances, Spacious island. Granite counters, backsplash. Double Front Entrance doors. Main fl includes convenient Laundry RM & Direct garage access. Huge master bedrm w/ 2 W/I closets & 5-pc ensuite Boasts Spa-like glass shower & freestanding Tub. Quartz counters thru-out 2nd fl bathrm. 2nd bedrm w/ walk-out to balcony. No sidewalk; Interlock Front. Parks 3 cars. Water softener, HRV & Finished Cold room: Great for practical storage. Whole house multi location storage. Ideally located minutes to Hwy 404, Aurora GO Station, Southlake Regional Hospital, vibrant shopping on Bayview Ave, parks & nature escapes. Top ranking schools: Dr.G.W. Williams SS; Aurora HS; Catholic: St. Maximilian.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13565896
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
19.72 × 101.02 ft
Cross streets
Bayview & Wellington
Parking
1 garage · 3 parking (attached)
Driveway
Available
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Tar and Gravel
Sewer
Sewer
Property tax
$5,420 / 2025
Days on market
96
Listing brokerage
KW Living Realty

Rooms

Bedroom 4Basement3.81 × 3.66 m

laminate · window

RecreationBasement6.07 × 3.30 m

laminate · pot lights

Great RoomMain4.88 × 3.61 m

laminate · pot lights · large window

Bedroom 2Second3.56 × 2.54 m

w/o to balcony · french doors · closet

LibrarySecond3.96 × 2.74 m

open concept · laminate

Dining RoomMain5.18 × 3.00 m

laminate · pot lights · open concept

Bedroom 3Second3.66 × 3.05 m

large window · large closet · laminate

BreakfastMain2.74 × 2.69 m

w/o to deck · pot lights · sliding doors

OfficeBasement3.05 × 2.43 m

laminate · pot lights

Primary BedroomSecond5.49 × 3.61 m

5 pc ensuite · his and hers closets · laminate

KitchenMain3.66 × 2.69 m

granite counters · centre island · stainless steel appl

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Bayview Northeast · asking prices
$1.04Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market.

Per square foot, these ask about $535/sqft; this home lists at $488/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.10MThis home1.19M939k1000k1.20M889kThis home vs active comparables

Neighbourhood & location

Bayview Northeast, 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.

Rural Aurora
$1.07M
Bayview Wellington
$865K
Aurora Grove
$867K

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

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

Affordability & Mortgage

Affordability
$5,009/mo
$209KIncome needed
5.3×Price ÷ income
$1,156Weekly cost
$18,455Land 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.

92%mortgage
Mortgage $5,009Property tax $452Total carry $5,461

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,861per month

Mortgage amount $879,200 · 4.49% over 25 years

$219,800Down payment (20.0%)
$879,200Loan before insurance
$0CMHC premium
$5,313Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,861
Property tax
$452
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,313

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

One-time closing costs

Ontario land transfer tax
$18,455
Estimated closing costs
$18,455

Plus your down payment of $219,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,884/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

$579,174Total interest paid
$1,458,374Total of all payments
Principal $879,200 Interest $579,174
YearPrincipalInterestBalance
1$19,620$38,715$859,580
2$20,511$37,824$839,069
3$21,442$36,893$817,627
4$22,416$35,919$795,211
5$23,433$34,902$771,778
6$24,497$33,838$747,281
7$25,610$32,725$721,671
8$26,772$31,563$694,898
9$27,988$30,347$666,910
10$29,259$29,076$637,652
11$30,587$27,748$607,064
12$31,976$26,359$575,088
13$33,428$24,907$541,660
14$34,946$23,389$506,715
15$36,532$21,803$470,182
16$38,191$20,144$431,991
17$39,925$18,410$392,066
18$41,738$16,597$350,329
19$43,633$14,702$306,696
20$45,614$12,721$261,082
21$47,685$10,650$213,397
22$49,850$8,485$163,547
23$52,114$6,221$111,433
24$54,480$3,855$56,953
25$56,953$1,382$0

At the end of your 5-year term

Total paid over the term
$291,675
Principal paid down
$107,422
Interest paid
$184,253
Balance remaining
$771,778

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
Estimate$4,200/mo
$50,400Gross annual rent
3.5%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates 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.

4.6%
Gross yield
− Property tax $5,420− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $38,036

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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