47 Milloy Place, Aurora, ON

Aurora Grove, Aurora · MLS® N13834858

$758,000
For Sale
Listed 21 days agoNo offer date stated
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • An incredible opportunity to own a freehold townhome in Aurora's sought-after Aurora Grove community.
  • With 1,432 sq ft of smartly designed living space, this 3-bedroom, 3-bathroom home makes every square foot count - a bright, functional layout with no wasted space.
  • Out back, enjoy a cozy, private backyard that's perfect for quiet evenings and weekend lounging.
  • Steps to parks, trails, and the Aurora Arboretum, with Longo's, Starbucks, shops, and dining just a short walk away.
  • Quick access to Hwy 404, Wellington St, and transit makes commuting effortless.

An incredible opportunity to own a freehold townhome in Aurora's sought-after Aurora Grove community! With 1,432 sq ft of smartly designed living space, this 3-bedroom, 3-bathroom home makes every square foot count - a bright, functional layout with no wasted space. The kitchen offers a view you won't find anywhere else, with windows overlooking the neighbouring horse stables - a picturesque backdrop for your morning coffee. Out back, enjoy a cozy, private backyard that's perfect for quiet evenings and weekend lounging. Whether you're a first-time buyer or a downsizer, this is your chance to get into one of Aurora's most desirable pockets. Steps to parks, trails, and the Aurora Arboretum, with Longo's, Starbucks, shops, and dining just a short walk away. Quick access to Hwy 404, Wellington St, and transit makes commuting effortless. A wonderful home in a wonderful community - this one is truly worth a look. Recent updates: Roof shingles, Eves & Gutters -2012, Appliances-2019, 3 toilets-2025, Primary Bathroom Sink & Faucet-2026, Living room floors-2020, EV Charger-2023, Backyard Deck-2024, Interlock Walkway-2023, Front yard landscaping-2026.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13834858
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
19.69 × 99.86 ft
Cross streets
Bayview Ave & Wellington St E
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Separate Entrance, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,431 / 2026
Days on market
21
Listing brokerage
RE/MAX PREMIER INC.

Rooms

BreakfastMain3.36 × 2.76 m

w/o to deck · tile floor · overlooks backyard

Living RoomMain4.67 × 3.49 m

laminate · open concept · combined w/dining

Bedroom 3Second4.20 × 2.40 m

backsplash · closet · broadloom

LaundryBasement0.00 × 0.00 m
KitchenMain3.03 × 2.96 m

stainless steel appl · eat-in kitchen · stone counters

Primary BedroomSecond5.86 × 3.53 m

4 pc ensuite · walk-in closet(s) · broadloom

Bedroom 2Second2.97 × 3.54 m

4 pc bath · closet · broadloom

Dining RoomMain3.42 × 2.82 m

laminate · overlooks frontyard · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Aurora Grove · asking prices
$942kavg asking

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 $571/sqft; this home lists at $583/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
758kThis home868k838k815k989k1.20MThis home vs active comparables

Neighbourhood & location

Aurora Grove, 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.

Bayview Northeast
$1.10M
Bayview Wellington
$865K
Rural Aurora
$1.07M

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

Affordability
$3,455/mo
$147KIncome needed
5.2×Price ÷ income
$797Weekly cost
$11,635Land 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.

90%mortgage
Mortgage $3,455Property tax $369Total carry $3,824

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,353per month

Mortgage amount $606,400 · 4.49% over 25 years

$151,600Down payment (20.0%)
$606,400Loan before insurance
$0CMHC premium
$3,722Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,353
Property tax
$369
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,722

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

One-time closing costs

Ontario land transfer tax
$11,635
Estimated closing costs
$11,635

Plus your down payment of $151,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,058/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

$399,467Total interest paid
$1,005,867Total of all payments
Principal $606,400 Interest $399,467
YearPrincipalInterestBalance
1$13,532$26,702$592,868
2$14,147$26,088$578,721
3$14,789$25,446$563,932
4$15,460$24,774$548,472
5$16,162$24,072$532,309
6$16,896$23,338$515,413
7$17,663$22,571$497,749
8$18,465$21,769$479,284
9$19,304$20,931$459,980
10$20,180$20,054$439,800
11$21,097$19,138$418,703
12$22,054$18,180$396,649
13$23,056$17,179$373,593
14$24,103$16,132$349,490
15$25,197$15,038$324,293
16$26,341$13,894$297,952
17$27,537$12,698$270,415
18$28,787$11,447$241,628
19$30,094$10,140$211,534
20$31,461$8,774$180,073
21$32,889$7,345$147,184
22$34,383$5,852$112,801
23$35,944$4,291$76,857
24$37,576$2,659$39,282
25$39,282$953$0

At the end of your 5-year term

Total paid over the term
$201,173
Principal paid down
$74,091
Interest paid
$127,082
Balance remaining
$532,309

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
Estimate$2,300/mo
$27,600Gross annual rent
2.5%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.6%
Gross yield
− Property tax $4,431− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,733

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PREMIER INC.. MLS®/PropTx.

CallRequest a showing