228-555 William Graham Drive, Aurora, ON

Rural Aurora, Aurora · MLS® N13681076

$480,888
For Sale
Listed 65 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

Welcome To Aurora's Most Upscale Modern Condo 'The Arbors', Stunning Second Floor 1 Bedroom + 1Den With Beautiful Quiet Western Sunset Views,Custom Fully Upgraded Chef's Kitchen WithBreakfast Bar, Four S/S Appliances, 9" Ceilings, Granite Counter Tops, Ceramic Backsplash, RichLaminate Floors, Custom Lighting,Custom Window Coverings, 1 Underground Parking Space,1 LockerAmenities Include: Gym, Party Room, Pet Spa, Terrace/Bbq Area, Billiard Room, Close To Hwy,404, Go Bus and Go Train, Shopping, Schools, Parks!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13681076
Bedrooms
1+1 (2 total)
Bathrooms
2 (1 half)
Size
700-799 sq ft
Cross streets
Leslie Street and William Graham Drive
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Window Unit(s)
Exterior
Aluminum Siding, Brick
Maintenance
$804/mo
Exposure
West
Property tax
$3,006 / 2026
Days on market
65
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

DenFlat2.64 × 2.18 m

Laminate

Dining RoomFlat8.46 × 3.11 m

Combined w/Living

BathroomFlat2.00 × 3.00 m

4 Pc Ensuite

Primary BedroomFlat3.72 × 2.94 m

Laminate

BathroomFlat0.00 × 0.00 m

2 Pc Bath

KitchenFlat2.64 × 2.11 m

laminate · quartz counter · stainless steel appl

Living RoomFlat8.46 × 3.11 m

laminate · combined w/dining · w/o to balcony

Our TakeTeam Asgarian · Broker
Below what recent sales support
$526Kautomated estimate, from recent sales

Listed at $480,888, about 9% below our estimate of $526K (homes like it typically land between $489K and $553K).

Why $526K. The typical condo sold in Rural Aurora over the past year went for about $635K (15 sales). What sets this one apart:

  • ▼ Lowers it stronglyIt is 700 to 799 sq ft; the typical home sold here is 1,000 to 1,199.
  • ▼ Lowers it1+1 bedrooms and 2 baths, against 2 and 2 typically.
List price
$481KBelow our range$553KAbove our range

Total price vs nearby homes. Fair value about $526K, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
65days on market so far
$2,447/moest. rent · 11 leases
6.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 8 months of inventory: 8 condo apartment homes for sale in the area against 3 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 $642/sqft against an area asking average of $739/sqft.

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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $511K. 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 7 homes sold in this building over the past two years, from 16 closings in Rural Aurora.

Sold 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.

Oct 25Aug 26

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
MonthMedian soldClosings
October 2025$588K6
February 2026$515K6
April 2026$698K5
May 2026$506K6
July 2026$643K7
August 2026$540K7

Neighbourhood & location

Rural Aurora, 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.

Bayview Wellington
$664K
Aurora Village
$517K
Aurora Heights
$474K

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
$2,192/mo
$110KIncome needed
4.4×Price ÷ income
$506Weekly cost
$6,093Land 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.

68%mortgage
Mortgage $2,192Property tax $251Condo fee $804Total carry $3,246

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,127per month

Mortgage amount $384,710 · 4.49% over 25 years

$96,178Down payment (20.0%)
$384,710Loan before insurance
$0CMHC premium
$3,182Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,127
Property tax
$251
Condo / maintenance fees
$804
Heating
$0
Estimated monthly cost
$3,182

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

One-time closing costs

Ontario land transfer tax
$6,093
Estimated closing costs
$6,093

Plus your down payment of $96,178. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,575/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

$253,429Total interest paid
$638,139Total of all payments
Principal $384,710 Interest $253,429
YearPrincipalInterestBalance
1$8,585$16,940$376,125
2$8,975$16,551$367,150
3$9,382$16,143$357,768
4$9,808$15,717$347,960
5$10,254$15,272$337,706
6$10,719$14,806$326,987
7$11,206$14,320$315,781
8$11,715$13,811$304,066
9$12,247$13,279$291,819
10$12,803$12,723$279,016
11$13,384$12,142$265,632
12$13,992$11,534$251,641
13$14,627$10,899$237,014
14$15,291$10,234$221,723
15$15,985$9,540$205,737
16$16,711$8,814$189,026
17$17,470$8,056$171,556
18$18,263$7,262$153,293
19$19,092$6,433$134,200
20$19,959$5,566$114,241
21$20,865$4,660$93,376
22$21,813$3,713$71,563
23$22,803$2,722$48,760
24$23,839$1,687$24,921
25$24,921$605$0

At the end of your 5-year term

Total paid over the term
$127,628
Principal paid down
$47,005
Interest paid
$80,623
Balance remaining
$337,706

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 11 whole-home leases in Rural Aurora$2,447/mo
$29,364Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,252 to $2,643Typical rent range

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 11 whole-home leases in Rural Aurora signed at a median of $2,448 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,447. 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.

6.1%
Gross yield
− Property tax $3,006− Condo fees $9,643− Insurance $600− Vacancy & upkeep $3,230Net operating income $12,885

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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