14 Milloy Place, Aurora, ON
Aurora Grove, Aurora · MLS® N13727336
About this home
**Attention Investors, First-Time Buyers, and Downsizers!**Seize the opportunity to own this well-maintained, freehold 3-bedroom, 3-bathroom townhome in the sought-after Aurora Grove community. Set on a premium lot backing onto lush green space, this home offers lovely four-season views right from your own backyard, all on a quiet, child-friendly cul-de-sac.Inside, you'll find a bright, functional layout and a walkout basement with high ceilings, offering great potential for additional living space. Out back, enjoy a private, cozy backyard perfect for quiet evenings and weekend lounging.Ideally located near top-ranked schools and just steps to parks, trails, golf courses, and the Aurora Arboretum. Everyday conveniences are a short walk away, including Longo's, Walmart, T&T Supermarket, Starbucks, a movie theatre, and a variety of shops and dining options. Quick access to Highway 404, the GO Train station, Wellington Street, and public transit makes commuting effortless.A rare find in this desirable neighbourhood - ideal for end-users and investors alike, with current area rental rates at approximately $3,300/month.Don't miss this opportunity - book your showing today!
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13727336
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500
- Lot
- 20.65 × 132.18 ft
- Cross streets
- Bayview/Wellington
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Unfinished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,561 / 2025
- Days on market
- 1
- Listing brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Rooms
broadloom · picture window · overlooks backyard
broadloom · large window · large closet
broadloom · combined w/living · open concept
concrete floor · sliding doors · w/o to yard
broadloom · picture window · 4 pc ensuite
ceramic floor · ceiling fan(s) · wood trim
broadloom · large window · large closet
ceramic backsplash · wood trim · combined w/kitchen
Listed at $749,900, and my independent estimate is about 12% below comparable homes, worth a close look.
Total price vs nearby homes. Fair value about $848K, median of 7 comparables.
The market behind the math:
Price per square foot: this home lists at $577/sqft against an area asking average of $584/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 7 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $887K, a close match.
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
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Below comparable homes on total price, yet the price per square foot ($577/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
There were not many closely comparable homes right in Aurora Grove, so I widened the search to the surrounding area.
Based on 7 comparable homes nearby.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market.
Per square foot, these ask about $563/sqft; this home lists at $577/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Aurora Grove, 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 4.09% via Ratehub.ca (as of September 2, 2026); conventional rates run a little higher.
Mortgage amount $599,920 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,234
- Property tax
- $380
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,614
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,473
- Estimated closing costs
- $11,473
Plus your down payment of $149,980. 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
- $194,054
- Principal paid down
- $75,505
- Interest paid
- $118,550
- Balance remaining
- $524,415
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 numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.