511-440 William Graham Drive, Aurora, ON
Rural Aurora, Aurora · MLS® N13598392
About this home
In short
- Welcome to The Meadows of Aurora, an exceptional 55+ life lease community offering a welcoming, maintenance-free lifestyle in one of York Region's most desirable towns.
- This beautifully maintained 2-bedroom, 2-bathroom suite offers a spacious and functional layout with generous principal rooms, a bright kitchen, and a private...
- The Meadows is designed for independent living with an emphasis on wellness, connection and an active lifestyle.
- Residents enjoy an impressive selection of amenities including a wellness centre, fitness facilities, indoor pickleball, library, games and billiards rooms, art...
- Ideally located in the heart of Aurora, The Meadows is close to charming downtown shops and restaurants, parks, golf courses, cultural attractions and healthcare...
Welcome to The Meadows of Aurora, an exceptional 55+ life lease community offering a welcoming, maintenance-free lifestyle in one of York Region's most desirable towns. This beautifully maintained 2-bedroom, 2-bathroom suite offers a spacious and functional layout with generous principal rooms, a bright kitchen, and a private balcony-perfect for morning coffee or relaxing at the end of the day. The Meadows is designed for independent living with an emphasis on wellness, connection and an active lifestyle. Residents enjoy an impressive selection of amenities including a wellness centre, fitness facilities, indoor pickleball, library, games and billiards rooms, art studio, hair salon, café, walking trails, scenic pond and beautifully landscaped gardens. A full calendar of clubs, activities and social events provides plenty of opportunities to connect with neighbours and enjoy the community. Additional conveniences include an on-site pharmacy and physician clinic, while the community's continuum-of-care options provide added peace of mind for the future. ****The low-maintenance, lock-and-leave lifestyle gives residents more time to enjoy family, hobbies, travel and the many amenities Aurora has to offer. Ideally located in the heart of Aurora, The Meadows is close to charming downtown shops and restaurants, parks, golf courses, cultural attractions and healthcare services, with convenient access to Highway 404 and GO Transit.More than a home, The Meadows offers a connected community and a lifestyle designed to make every day easier, more social and more enjoyable.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13598392
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Aurora Rd / Leslie
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Maintenance
- $2,013/mo
- Exposure
- West
- Days on market
- 88
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
b/i appliances · centre island · backsplash
recessed lighting · w/o to balcony · overlook water
b/i shelves · separate room
closet organizers · walk-in closet(s)
murphy bed · closet · overlooks park
Combined w/Living
3 pc ensuite · linen closet · ensuite bath
Listed at $765,000. Comparable closings put this home around $687K, so the ask is about 11% above what similar homes have sold for.
Longer on the market than typical. 88 days on the market, and asking 11% above where comparable closings put it.
Total price vs nearby homes. Fair value about $687K, median of 6 comparables.
The market behind the math:
About 8.3 months of inventory: 11 condo apartment homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $589/sqft against an area asking average of $696/sqft.
How this estimate is builtthe short version
I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($589/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Rural Aurora, so I widened the search to the surrounding area.
Based on 6 comparable homes that sold in Rural Aurora over the past two years, from 16 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $687K, which is where my estimate comes from.
Per square foot, these ask about $558/sqft; this home lists at $589/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Aurora: $540K in August 2026, up 3% from a year ago, on 37 closings in 6 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Aurora as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $588K | 6 |
| February 2026 | $515K | 6 |
| April 2026 | $698K | 5 |
| May 2026 | $506K | 6 |
| July 2026 | $643K | 7 |
| August 2026 | $540K | 7 |
Neighbourhood & location
Rural Aurora, Aurora, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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) →
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $612,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,384
- Estimated property tax
- $478
- Condo / maintenance fees
- $2,013
- Heating
- $0
- Estimated monthly cost
- $5,875
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,775
- Estimated closing costs
- $11,775
Plus your down payment of $153,000. 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
- $203,031
- Principal paid down
- $74,775
- Interest paid
- $128,256
- Balance remaining
- $537,225
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 23 whole-home leases in Rural Aurora signed at a median of $2,437 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,321. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.