246 Thomas Phillips Drive, Aurora, ON

Rural Aurora, Aurora · MLS® N13852930

$1,199,000
For Sale
Listed 17 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • !!!Welcome to this updated Mattamy Home.
  • Premium corner lot with large back yard.
  • 9-foot ceilings on main floor, pot lights, oak staircase, hardwood floors throughout.
  • Upstairs, the primary bedroom impresses with a generous walk-in closet and a luxurious 4-piece ensuite, providing the ideal private retreat.
  • Garage access from inside, also right next to the Brand New professional finished basement featuring a 3-piece bathroom, one bedroom and a luxury entertainment room...

!!!Welcome to this updated Mattamy Home! 4+1bedrooms, 3.5 bath and Double Garage! Locate in highly desirable community of Rural Aurora! Premium corner lot with large back yard! 9-foot ceilings on main floor, pot lights, oak staircase, hardwood floors throughout! Gorgeous great room overlooking back yard! Ultra modern kitchen with black stainless steel appliances, designed for both style and function, offering a spacious centre island, perfect for everyday living and entertaining! Upstairs, the primary bedroom impresses with a generous walk-in closet and a luxurious 4-piece ensuite, providing the ideal private retreat! Garage access from inside, also right next to the Brand New professional finished basement featuring a 3-piece bathroom, one bedroom and a luxury entertainment room, adds exceptional versatility, perfect for extended family or additional living space to approximately 3000+ ! Ready to move-in! Must see!

Key facts

Property type
Detached, 2-Storey
MLS®
N13852930
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
45.87 × 98 ft
Cross streets
St. Johns Sdrd/Leslie St
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished, Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,280 / 2025
Days on market
17
Listing brokerage
AIMHOME REALTY INC.

Rooms

Bedroom 2Second3.60 × 3.10 m

hardwood floor · double closet · large window

Bedroom 4Second3.02 × 3.00 m

hardwood floor · double closet · large window

Living RoomMain5.50 × 3.60 m

hardwood floor · combined w/family · open concept

FoyerMain2.47 × 2.20 m

ceramic floor · window

Primary BedroomSecond4.00 × 3.60 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Family RoomMain5.50 × 3.60 m

hardwood floor · combined w/living · overlooks backyard

RecreationBasement5.50 × 3.60 m

laminate · window · 3 pc bath

BedroomBasement3.00 × 3.00 m

laminate · pot lights · closet

Bedroom 3Second3.35 × 3.10 m

hardwood floor · double closet · large window

KitchenMain4.50 × 2.94 m

ceramic floor · centre island · eat-in kitchen

Dining RoomMain2.80 × 2.70 m

hardwood floor · window · w/o to yard

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

Neighbourhood & location

Rural Aurora, 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 Wellington
$1.14M
Bayview Northeast
$2.15M
Aurora Village
$1.74M
Hills of St Andrew
$2.21M
Aurora Heights
$1.08M

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
$5,465/mo
$228KIncome needed
5.3×Price ÷ income
$1,261Weekly cost
$20,455Land 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.

91%mortgage
Mortgage $5,465Property tax $523Total carry $5,988

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)
$5,304per month

Mortgage amount $959,200 · 4.49% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$5,827Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,304
Property tax
$523
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,827

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

One-time closing costs

Ontario land transfer tax
$20,455
Estimated closing costs
$20,455

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,419/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

$631,874Total interest paid
$1,591,074Total of all payments
Principal $959,200 Interest $631,874
YearPrincipalInterestBalance
1$21,405$42,238$937,795
2$22,377$41,266$915,418
3$23,393$40,250$892,024
4$24,455$39,188$867,569
5$25,566$38,077$842,003
6$26,726$36,917$815,277
7$27,940$35,703$787,337
8$29,209$34,434$758,129
9$30,535$33,108$727,594
10$31,921$31,722$695,673
11$33,370$30,273$662,302
12$34,886$28,757$627,417
13$36,470$27,173$590,947
14$38,125$25,518$552,822
15$39,856$23,787$512,965
16$41,666$21,977$471,299
17$43,558$20,085$427,741
18$45,536$18,107$382,206
19$47,603$16,040$334,602
20$49,764$13,878$284,838
21$52,024$11,619$232,814
22$54,386$9,257$178,428
23$56,855$6,788$121,572
24$59,437$4,206$62,136
25$62,136$1,507$0

At the end of your 5-year term

Total paid over the term
$318,215
Principal paid down
$117,197
Interest paid
$201,018
Balance remaining
$842,003

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$3,150/mo
$37,800Gross annual rent
2.2%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.

3.2%
Gross yield
− Property tax $6,280− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,962

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

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