60 Springfair Avenue, Aurora, ON

Aurora Village, Aurora · MLS® N13642108

$538,000
For Sale
Listed 46 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1Garage · 2 parking
1200-1399Sq ft

About this home

In short

  • Space, flexibility and thoughtful upgrades come together in this beautifully maintained 3-bedroom + den, 3-bathroom condo townhouse, offering a layout that truly...
  • Here are 5 standout reasons why this home truly delivers and will not disappoint.
  • 1) Cleverly reimagined layout featuring relocated laundry in the basement, making way for a rare 3rd bathroom and a flexible den-ideal for a home office, gym, guest...
  • 2) Move-in ready appeal with fresh paint, updated flooring on select levels and new stove and custom-made kitchen cabinets creating a bright, modern and welcoming...
  • 4) Worry-free ownership with major exterior upgrades already completed, including a new roof, windows and doors within the last two years, all within a well-managed...

Space, flexibility and thoughtful upgrades come together in this beautifully maintained 3-bedroom + den, 3-bathroom condo townhouse, offering a layout that truly works for everyday family living. Here are 5 standout reasons why this home truly delivers and will not disappoint. 1) Cleverly reimagined layout featuring relocated laundry in the basement, making way for a rare 3rd bathroom and a flexible den-ideal for a home office, gym, guest suite or study space. 2) Move-in ready appeal with fresh paint, updated flooring on select levels and new stove and custom-made kitchen cabinets creating a bright, modern and welcoming atmosphere throughout. 3) Energy-efficient comfort year-round with newly installed wall A/C systems providing both heating and cooling-no gas required and lower utility costs. 4) Worry-free ownership with major exterior upgrades already completed, including a new roof, windows and doors within the last two years, all within a well-managed complex. 5) Unbeatable family-friendly location in a highly sought-after school district, with schools, parks and daily essentials all within easy walking distance. A rare opportunity to own a turnkey family home that perfectly blends functionality, comfort, efficiency and location. Don't miss your opportunity to view this exceptional unit and make it your home!

Key facts

Property type
Condo Townhouse, Multi-Level
MLS®
N13642108
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Wellington St W and Murray Dr
Parking
1 garage · 2 parking (carport)
Basement
Finished
Heating
Heat Pump
A/C
Wall Unit(s)
Exterior
Brick, Vinyl Siding
Maintenance
$769/mo
Exposure
West
Property tax
$1,827 / 2026
Days on market
46
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Primary BedroomUpper4.22 × 3.36 m

closet · window · east view

Bedroom 2Third2.88 × 2.88 m

closet · window · west view

Dining RoomSecond3.60 × 2.60 m

combined w/kitchen · overlooks living · vinyl floor

Bedroom 3Third3.89 × 2.89 m

closet · window · west view

KitchenSecond2.56 × 2.05 m

combined w/dining · stainless steel appl · vinyl floor

LaundryBasement3.15 × 1.97 m

finished · updated · 3 pc bath

DenIn Between3.66 × 2.55 m

separate room · b/i shelves · ceramic floor

Living RoomMain4.70 × 3.85 m

w/o to porch · pot lights · sliding doors

Our TakeTeam Asgarian · Broker
A small discount is typical
$521Klikely closing

Listed at $538,000 with no offer date. Homes here have been closing close to ask, so my read is $521K, typically $512K to $528K. Comparable closings on their own put this home around $509K, which supports the ask, so this is a firm read.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$512KBelow recent closings$538KAbove recent closings

Total price vs nearby homes. Likely closing about $521K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$490Kmedian sold price
94%of asking, on average
−27%prices vs a year ago
~57 dayshomes like this take to sell
46days on market so far
$2,889/moest. rent · 14 leases
6.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 5 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $414/sqft against an area asking average of $458/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 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 $454K. Condition and finishes remain an 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. 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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($414/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 20 homes sold in this building over the past two years, from 47 closings in Aurora Village.

Neighbourhood & location

Aurora Village, 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 Highlands
$748K
Bayview Wellington
$729K
Aurora Estates
$1.30M

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 Wellington PS
78%
Wellington PSPublic · Elementary · JK-8 · 0.4 km awayAbove the GTA average · 78% meet the provincial standard
Light Of ChristEQAO results not published
Also nearby: 9 more schools within 2.5 km
Our Lady of Grace Catholic Elementary School · Catholic elementary0.8 km · 77% at standard
Aurora Heights Public School · Public elementary1.1 km · 68% at standard
Regency Acres Public School · Public elementary1.2 km · 66% at standard
Devins Drive Public School · Public elementary1.3 km · 77% at standard
St Joseph Catholic Elementary School · Catholic elementary1.3 km · 92% at standard
ACCESS Program · Public secondary1.4 km
Lester B Pearson Public School · Public elementary1.8 km · 90% at standard
St Maximilian Kolbe High School · Catholic secondary2.2 km · 74% at standard
Holy Spirit Catholic Elementary School · Catholic elementary2.4 km · 88% at standard

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

Affordability & Mortgage

Affordability
$2,452/mo
$116KIncome needed
4.6×Price ÷ income
$566Weekly cost
$7,235Land 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.

73%mortgage
Mortgage $2,452Property tax $152Condo fee $769Total carry $3,373

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)
$2,356per month

Mortgage amount $430,400 · 4.39% over 25 years

$107,600Down payment (20.0%)
$430,400Loan before insurance
$0CMHC premium
$3,277Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,356
Property tax
$152
Condo / maintenance fees
$769
Heating
$0
Estimated monthly cost
$3,277

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

One-time closing costs

Ontario land transfer tax
$7,235
Estimated closing costs
$7,235

Plus your down payment of $107,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,854/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

$276,370Total interest paid
$706,770Total of all payments
Principal $430,400 Interest $276,370
YearPrincipalInterestBalance
1$9,739$18,531$420,661
2$10,172$18,099$410,489
3$10,623$17,648$399,866
4$11,095$17,176$388,771
5$11,587$16,684$377,184
6$12,101$16,170$365,083
7$12,638$15,632$352,445
8$13,199$15,072$339,245
9$13,785$14,486$325,460
10$14,397$13,874$311,064
11$15,036$13,235$296,028
12$15,703$12,568$280,325
13$16,400$11,871$263,925
14$17,128$11,143$246,797
15$17,888$10,383$228,909
16$18,682$9,589$210,227
17$19,511$8,760$190,716
18$20,377$7,894$170,339
19$21,281$6,989$149,057
20$22,226$6,045$126,831
21$23,212$5,058$103,619
22$24,243$4,028$79,376
23$25,318$2,952$54,058
24$26,442$1,829$27,616
25$27,616$655$0

At the end of your 5-year term

Total paid over the term
$141,354
Principal paid down
$53,216
Interest paid
$88,138
Balance remaining
$377,184

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 14 whole-home leases in Aurora Village$2,889/mo
$34,668Gross annual rent
3.6%Cap rate after taxes and upkeep
$2,726 to $3,088Typical rent range
~33 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 14 whole-home leases in Aurora Village signed at a median of $2,799 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,889. 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.

6.4%
Gross yield
− Property tax $1,827− Condo fees $9,225− Insurance $600− Vacancy & upkeep $3,813Net operating income $19,203

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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