563 Tara Hill Circle, Aurora, ON
Aurora Village, Aurora · MLS® N13608274
About this home
In short
- Welcome to this bright and spacious 3-bedroom, 3-bathroom condo townhouse nestled in one of Aurora's most desirable family-friendly neighbourhoods.
- Offering a functional layout, generous living spaces, and incredible potential, this well-maintained home is perfect for buyers looking to renovate and customize a...
- The main floor features an open-concept living and dining area, a spacious eat-in kitchen with a walkout to a private, tree-lined deck, creating the perfect setting...
- Upstairs, the primary bedroom offers a walk-in closet and private 4-piece ensuite, while two additional generously sized bedrooms and a full bathroom provide plenty...
- This is a fantastic opportunity to own a spacious home with exceptional renovation potential and a highly sought-after walk-out basement in one of Aurora's most...
Welcome to this bright and spacious 3-bedroom, 3-bathroom condo townhouse nestled in one of Aurora's most desirable family-friendly neighbourhoods. Offering a functional layout, generous living spaces, and incredible potential, this well-maintained home is perfect for buyers looking to renovate and customize a home to their own style in a prime location. The main floor features an open-concept living and dining area, a spacious eat-in kitchen with a walkout to a private, tree-lined deck, creating the perfect setting for everyday living and entertaining. Upstairs, the primary bedroom offers a walk-in closet and private 4-piece ensuite, while two additional generously sized bedrooms and a full bathroom provide plenty of space for a growing family. A true standout is the bright, fully finished walk-out basement-a rare feature that fills the lower level with natural light while providing direct access to the fully fenced backyard and stone interlock patio. This versatile space is ideal as a family recreation room, home office, gym, or children's play area, with endless possibilities to suit your lifestyle. Additional highlights include an extra-long private driveway, and low-maintenance living with lawn care and snow removal managed by the condominium corporation. Ideally located close to Yonge Street, the scenic Tim Jones Trail, parks, transit, shopping, and restaurants. The prestigious St. Andrew College, Community centres and Highway 404 are just minutes away. This is a fantastic opportunity to own a spacious home with exceptional renovation potential and a highly sought-after walk-out basement in one of Aurora's most established and desirable communities.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- N13608274
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599 sq ft
- Cross streets
- Yonge St/St.John's S
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $583/mo
- Exposure
- North
- Property tax
- $3,190 / 2026
- Days on market
- 55
- Listing brokerage
- RE/MAX EXCEL REALTY LTD.
Rooms
hardwood floor · eat-in kitchen · overlooks backyard
broadloom · window · b/i closet
broadloom · window · b/i closet
hardwood floor · w/o to deck
hardwood floor · 4 pc ensuite · walk-in closet(s)
laminate · combined w/living · open concept
broadloom · walk-out
laminate · bay window · overlooks frontyard
Listed at $699,000 with no offer date. Homes here have been closing close to ask, so my read is $677K, typically $665K to $686K. Comparable closings on their own put this home around $672K, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $677K, from 6 recent closings in this pocket.
The market behind the math:
About 10.5 months of inventory: 21 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.
Price per square foot: this home lists at $466/sqft against an area asking average of $454/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 $649K. 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.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Aurora Village, so I widened the search to the surrounding area.
Based on 3 homes sold in this building over the past two years, plus 2 nearby in Aurora Village, from 47 closings in Aurora Village.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $672K, which is where my estimate comes from.
Per square foot, these ask about $469/sqft; this home lists at $466/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Aurora Village, 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) →
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.
Also nearby: 11 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.
Mortgage amount $559,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,061
- Property tax
- $266
- Condo / maintenance fees
- $583
- Heating
- $0
- Estimated monthly cost
- $3,910
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,455
- Estimated closing costs
- $10,455
Plus your down payment of $139,800. 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
- $183,655
- Principal paid down
- $69,141
- Interest paid
- $114,514
- Balance remaining
- $490,059
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 37 whole-home leases in Aurora Village signed at a median of $2,843 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,114. 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 RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.