120-248 Milestone Crescent, Aurora, ON

Aurora Village, Aurora · MLS® N13788550

$440,000
For Sale
Listed 5 days agoNo offer date stated
Request a showing
◎ Directions
3Bedrooms
2Bathrooms
1Garage · 2 parking
1200-1399Sq ft

About this home

Welcome To This Move-In Ready 3-Bedroom, 2-Bathroom Condo Townhouse Nestled In A Quiet, Family-Friendly Community In The Heart Of Aurora *This Bright And Spacious Home Features A Functional Layout With Pot Lights And A Sun-Filled Living Area That Walks Out To A Private Terrace Perfect For Outdoor Enjoyment *The Kitchen Offers Ample Cabinet Space, While The Adjacent Dining Area Provides A Cozy Spot For Daily Meals *Enjoy The Convenience Of Covered Parking And Proximity To Top-Rated Schools, Parks, Trails, Shopping, Aurora Library, Community Centre, Transit, And More *Ideal For First-Time Buyers, Families, Or Investors Looking For Value In A Prime Location *This Is A Fantastic Opportunity To Own In One Of Aurora's Most Accessible And Desirable Neighbourhoods*

Key facts

Property type
Condo Townhouse, Multi-Level
MLS®
N13788550
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
WellingtonStW & Murray Dr
Parking
1 garage · 2 parking (carport)
Basement
Unfinished
Heating
Baseboard
A/C
None
Exterior
Brick, Vinyl Siding
Exposure
East
Days on market
5
Listing brokerage
EXP REALTY

Rooms

BedroomThird3.47 × 2.86 m

Window

Living RoomMain4.57 × 3.80 m

window · pot lights · sliding doors

LaundryGround5.79 × 2.50 m
Primary BedroomUpper4.20 × 3.38 m
Bedroom 2Third4.50 × 2.86 m

Window

OtherBasement4.60 × 2.65 m
Dining RoomSecond3.75 × 2.60 m
KitchenSecond2.43 × 2.00 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$426Klikely closing

Listed at $440,000 with no offer date. Homes here have been closing close to ask, so my read is $426K, typically $419K to $432K. Comparable closings on their own put this home around $471K, which supports the ask, so this is a firm read.

List price
$419KBelow recent closings$440KAbove recent closings

Total price vs nearby homes. Likely closing about $426K, from 6 recent closings in this pocket.

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
5days on market so far
$2,714/moest. rent · 14 leases
7.4%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 $339/sqft against an area asking average of $473/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

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.

Based on 20 homes sold in this building over the past two years, from 47 closings in Aurora Village.

What sellers nearby are askingCurrently listed nearby in Aurora Village · asking prices
$590kavg asking

Nothing 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 $471K, which is where my estimate comes from.

Per square foot, these ask about $473/sqft; this home lists at $339/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
440kThis home559k576k538k589k689kThis home vs active comparables

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 · 0.3 km awayAbove the GTA average · 78% meet the provincial standard
Light Of ChristEQAO results not published
Also nearby: 9 more schools within 2.5 km
Our Lady of Grace Catholic Elementary School · Catholic elementary0.8 km · 77% at standard
Aurora Heights Public School · Public elementary1.1 km · 68% at standard
Regency Acres Public School · Public elementary1.2 km · 66% at standard
Devins Drive Public School · Public elementary1.3 km · 77% at standard
St Joseph Catholic Elementary School · Catholic elementary1.3 km · 92% 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 elementary2.3 km · 88% at standard

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

Affordability & Mortgage

Affordability
$2,005/mo
$89KIncome needed
4.9×Price ÷ income
$463Weekly cost
$5,275Land 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.

88%mortgage
Mortgage $2,005Property tax $275Total carry $2,280

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)
$1,927per month

Mortgage amount $352,000 · 4.39% over 25 years

$88,000Down payment (20.0%)
$352,000Loan before insurance
$0CMHC premium
$2,202Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,927
Property tax
$275
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,202

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

One-time closing costs

Ontario land transfer tax
$5,275
Estimated closing costs
$5,275

Plus your down payment of $88,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,334/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

$226,027Total interest paid
$578,027Total of all payments
Principal $352,000 Interest $226,027
YearPrincipalInterestBalance
1$7,965$15,156$344,035
2$8,319$14,802$335,716
3$8,688$14,433$327,028
4$9,074$14,047$317,954
5$9,476$13,645$308,478
6$9,897$13,224$298,581
7$10,336$12,785$288,245
8$10,795$12,326$277,450
9$11,274$11,847$266,176
10$11,774$11,347$254,401
11$12,297$10,824$242,105
12$12,843$10,278$229,262
13$13,413$9,708$215,849
14$14,008$9,113$201,841
15$14,630$8,491$187,212
16$15,279$7,842$171,933
17$15,957$7,164$155,976
18$16,665$6,456$139,310
19$17,405$5,716$121,906
20$18,177$4,944$103,728
21$18,984$4,137$84,744
22$19,827$3,294$64,917
23$20,707$2,415$44,211
24$21,626$1,496$22,585
25$22,585$536$0

At the end of your 5-year term

Total paid over the term
$115,605
Principal paid down
$43,522
Interest paid
$72,083
Balance remaining
$308,478

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$2,714/mo
$32,568Gross annual rent
5.8%Cap rate after taxes and upkeep
$2,551 to $2,913Typical 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 $2,714. 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.

7.4%
Gross yield
− Property tax $3,080− Insurance $600− Vacancy & upkeep $3,582Net operating income $25,306

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

CallRequest a showing