2-261 John Way, Aurora, ON
Bayview Wellington, Aurora · MLS® N13748104
About this home
In short
- #2-261 John West Way-the property that checks every box, starting with a rare single-car attached garage with direct interior access.
- The property has been updated with Brand NEW AC unit 2025.Perfectly situated in Aurora's prestigious Bayview Wellington neighbourhood, this home puts you right where...
- Inside, enjoy a bright, open-concept layout with stainless steel appliances, tons of cabinetry, and a private patio for your morning coffee.
- With in-suite laundry and a walk-out front door offering direct street access-no condo elevator hassles, ever-this unit truly has it all.
#2-261 John West Way-the property that checks every box, starting with a rare single-car attached garage with direct interior access! The property has been updated with Brand NEW AC unit 2025.Perfectly situated in Aurora's prestigious Bayview Wellington neighbourhood, this home puts you right where you want to be: minutes from top-rated public and private schools, Highway404, the GO Train, and major bus routes. Groceries, banks, and entertainment are all just steps away, making daily life incredibly convenient.Inside, enjoy a bright, open-concept layout with stainless steel appliances, tons of cabinetry, and a private patio for your morning coffee. With in-suite laundry and a walk-out front door offering direct street access-no condo elevator hassles, ever-this unit truly has it all.When location, parking, and the best school districts matter most, this is the one you've been looking for!
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- N13748104
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Bayview Ave & Wellington St E
- Parking
- 1 garage (attached)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Brick Front
- Maintenance
- $262/mo
- Exposure
- West
- Property tax
- $2,857 / 2025
- Days on market
- 15
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Listed at $615,000, which is tracking about 20% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA.
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).
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.
Total price vs nearby homes. Fair value about $511K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $947/sqft against an area asking average of $488/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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $605K. Condition and finishes remain an in-person call.
What the listing highlights3 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Elevator: rare and valuable for accessibility and resale. Lifestyle
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Dr. G.W. Williams SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Read this with carewhy it’s an estimate, not an appraisal
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 9 comparable homes that sold in Bayview Wellington over the past two years, from 9 closings there.
For sale
For sale
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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 $511K, which is where my estimate comes from.
Per square foot, these ask about $561/sqft; this home lists at $947/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
Bayview Wellington, 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: 9 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 $492,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,693
- Property tax
- $238
- Condo / maintenance fees
- $262
- Heating
- $0
- Estimated monthly cost
- $3,193
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,775
- Estimated closing costs
- $8,775
Plus your down payment of $123,000. 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
- $161,585
- Principal paid down
- $60,832
- Interest paid
- $100,753
- Balance remaining
- $431,168
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 5 whole-home leases in Bayview Wellington signed at a median of $3,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,721. 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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.