146-311 Milestone Crescent, Aurora, ON

Aurora Village, Aurora · MLS® N13705422

$589,000
For Sale
Listed 27 days agoNo offer date stated
Request a showing
◎ Directions
4Bedrooms
2Bathrooms
1Garage · 2 parking
1200-1399Sq ft

About this home

In short

  • Welcome To 311 Milestone Crescent, Located In The Heart Of Aurora! one of the best location units in the complex.
  • Conveniently Situated Just Steps From Yonge Street, Public Transit, And The GO Station, This Home Is Set In A Highly Desirable Family-Friendly Community Close To...
  • Recent upgrades Include A New Heat Pump/ A/C System, A New Hot Water Tank (Owned), Upgraded Kitchen Countertops And Backsplash, A New Carport Door Installed In May...

Welcome To 311 Milestone Crescent, Located In The Heart Of Aurora! one of the best location units in the complex. A Fantastic Opportunity For First-Time Home Buyers, Families, And Investors Alike. Conveniently Situated Just Steps From Yonge Street, Public Transit, And The GO Station, This Home Is Set In A Highly Desirable Family-Friendly Community Close To Schools, Parks, Shopping, Restaurants, And All Essential Amenities.Ideally Positioned Across From Aurora Heights Public School And Within Walking Distance To Wellington Public School And St. Joseph CES. This Property Offers Exceptional Convenience For Families. The Home Features A Private Terrace With Turf, Freshly Painted Interiors, New Laminate Flooring, Stylish Feature Walls, Updated Bathrooms And Kitchen, New Electrical Fixtures, And Professional Cleaning Throughout.Recent upgrades Include A New Heat Pump/ A/C System, A New Hot Water Tank (Owned), Upgraded Kitchen Countertops And Backsplash, A New Carport Door Installed In May 2024, New Windows .Residents Also Benefit From Access To A Well-Maintained renovated Outdoor Pool And Plenty Of Visitor Parking Within The Complex.

Key facts

Property type
Condo Townhouse, Multi-Level
MLS®
N13705422
Bedrooms
4
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Murray Dr / Wellington St W
Parking
1 garage · 2 parking (carport)
Basement
Unfinished
Heating
Baseboard
A/C
Wall Unit(s)
Exterior
Brick, Vinyl Siding
Maintenance
$769/mo
Exposure
South
Property tax
$1,778 / 2025
Days on market
27
Listing brokerage
POWER 7 REALTY

Rooms

Family RoomMain3.84 × 4.58 m

w/o to terrace · laminate

Bedroom 4Main0.00 × 0.00 m

Laminate

Utility RoomBasement4.86 × 2.00 m

Unfinished

KitchenSecond2.08 × 2.62 m

stainless steel appl · ceramic floor · combined w/dining

Primary BedroomUpper3.85 × 4.24 m

overlooks ravine · laminate

Bedroom 3Third2.90 × 4.56 m

Laminate

BathroomUpper2.44 × 1.54 m

4 pc bath · ceramic floor

LaundryLower3.65 × 2.57 m

ceramic floor · laundry sink

Bedroom 2Third2.89 × 3.54 m

Laminate

Dining RoomSecond3.72 × 2.68 m

overlooks family · laminate

BedroomLower1.78 × 0.86 m

2 pc bath · ceramic floor

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$447Kautomated estimate, from recent sales

Listed at $589,000. Recent sales of homes like it put this one around $447K, so the ask is about 32% above what similar homes have sold for.

If it sells at this ask, expect about $571K, typically $561K to $578K: that is where homes here have closed against their asks in the last 90 days (6 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

List price
$416KBelow recent closings$589KAbove recent closings

Total price vs nearby homes. Fair value about $447K, learned from recent GTA sales.

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
27days on market so far
$2,864/moest. rent · 14 leases
5.8%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 $453/sqft against an area asking average of $450/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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $447K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. 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 ($453/sqft) is in line with 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: 10 more schools within 2.5 km
Our Lady of Grace Catholic Elementary School · Catholic elementary0.8 km · 77% at standard
Regency Acres Public School · Public elementary1.1 km · 66% at standard
Aurora Heights Public School · Public elementary1.2 km · 68% at standard
St Joseph Catholic Elementary School · Catholic elementary1.3 km · 92% at standard
Devins Drive Public School · Public elementary1.3 km · 77% 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
Highview Public School · Public elementary2.5 km · 68% at standard

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

Affordability & Mortgage

Affordability
$2,684/mo
$124KIncome needed
4.7×Price ÷ income
$619Weekly cost
$8,255Land 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.

75%mortgage
Mortgage $2,684Property tax $148Condo fee $769Total carry $3,601

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)
$2,579per month

Mortgage amount $471,200 · 4.39% over 25 years

$117,800Down payment (20.0%)
$471,200Loan before insurance
$0CMHC premium
$3,496Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,579
Property tax
$148
Condo / maintenance fees
$769
Heating
$0
Estimated monthly cost
$3,496

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

One-time closing costs

Ontario land transfer tax
$8,255
Estimated closing costs
$8,255

Plus your down payment of $117,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,125/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

$302,568Total interest paid
$773,768Total of all payments
Principal $471,200 Interest $302,568
YearPrincipalInterestBalance
1$10,663$20,288$460,537
2$11,136$19,815$449,401
3$11,630$19,321$437,771
4$12,146$18,804$425,625
5$12,685$18,265$412,940
6$13,248$17,702$399,691
7$13,836$17,114$385,855
8$14,450$16,500$371,404
9$15,092$15,859$356,313
10$15,762$15,189$340,551
11$16,461$14,490$324,090
12$17,192$13,759$306,898
13$17,955$12,996$288,944
14$18,752$12,199$270,192
15$19,584$11,367$250,608
16$20,453$10,498$230,155
17$21,361$9,590$208,795
18$22,309$8,642$186,486
19$23,299$7,652$163,187
20$24,333$6,618$138,854
21$25,413$5,538$113,442
22$26,541$4,410$86,901
23$27,719$3,232$59,182
24$28,949$2,002$30,234
25$30,234$717$0

At the end of your 5-year term

Total paid over the term
$154,754
Principal paid down
$58,260
Interest paid
$96,493
Balance remaining
$412,940

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$2,864/mo
$34,368Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,701 to $3,063Typical 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 $2,864. 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.

5.8%
Gross yield
− Property tax $1,778− Condo fees $9,225− Insurance $600− Vacancy & upkeep $3,780Net operating income $18,985

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of POWER 7 REALTY. MLS®/PropTx.

CallRequest a showing