306-85 Wellington Street, Aurora, ON
Aurora Village, Aurora · MLS® N13783900
About this home
In short
- Welcome to this fabulous 1 Plus 1 bedroom 1130 ft condo in the heart of Aurora.
- This open concept condo has a spacious working kitchen, ample counter space which overlooks the dining and living room.
- Shutters on the living room, the living room has a fireplace Walk to restaurants, library, parks and churches nearby.
Welcome to this fabulous 1 Plus 1 bedroom 1130 ft condo in the heart of Aurora. Both newly installed broadly throughout the living and dining room combination, primary bedroom, and the den or second bedroom. This open concept condo has a spacious working kitchen, ample counter space which overlooks the dining and living room. The plus one bedroom or home office at the front of the condo as you step in, is an ideal room for whatever you have in mind. Includes also a five-piece bath*, walk out Westerly balcony, overlooks mature trees. The condo has one parking space and one locker. All rooms have been recently painted. Shutters on the living room, the living room has a fireplace* Walk to restaurants, library, parks and churches nearby. Come and have a look!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13783900
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 1000-1199 sq ft
- Cross streets
- Yonge
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $730/mo
- Exposure
- South
- Property tax
- $2,867 / 2026
- Days on market
- 31
- Listing brokerage
- MAIN STREET REALTY LTD.
Rooms
Broadloom
broadloom · combined w/living · open concept
broadloom · balcony · large window
laminate · b/i shelves
broadloom · combined w/dining · w/o to balcony
ceramic floor · open concept · eat-in kitchen
Listed at $535,000. Going by how homes in Aurora Village and the wider GTA have actually closed against their asking prices (about 97%, 6 local closings in 90 days), the likely sale price is near $519K, if it sells. A realistic range is $489K to $562K.
Independent value check: $471K. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $439K and $495K).
Why $471K. The typical condo sold in Aurora Village over the past year went for about $501K (22 sales). What sets this one apart:
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $2,867 a year; the typical home sold here pays about $2,600.
- ▲ Raises itIt is 1,000 to 1,199 sq ft; the typical home sold here is 850 to 949.
Total price vs nearby homes. Likely closing about $519K, from 6 recent closings in this pocket.
The market behind the math:
About 3 months of inventory: 6 condo apartment homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $487/sqft against an area asking average of $595/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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $465K. 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.
- Open-concept layout: modern, sought-after flow. Lifestyle
- 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
Priced above comparable homes overall, but the price per square foot ($487/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Aurora Village, so I widened the search to the surrounding area.
Based on 5 homes sold in this building over the past two years, from 38 closings in Aurora Village.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $471K, which is where my estimate comes from.
Per square foot, these ask about $648/sqft; this home lists at $487/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $588K | 6 |
| February 2026 | $515K | 6 |
| April 2026 | $698K | 5 |
| May 2026 | $506K | 6 |
| July 2026 | $643K | 7 |
| August 2026 | $540K | 7 |
Neighbourhood & location
Aurora Village, 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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $428,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,366
- Property tax
- $239
- Condo / maintenance fees
- $730
- Heating
- $0
- Estimated monthly cost
- $3,335
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,175
- Estimated closing costs
- $7,175
Plus your down payment of $107,000. 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
- $141,989
- Principal paid down
- $52,294
- Interest paid
- $89,695
- Balance remaining
- $375,706
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.
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 8 whole-home leases in Aurora Village signed at a median of $2,418 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,368. 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 MAIN STREET REALTY LTD.. MLS®/PropTx.