111 Civic Square Gate Unit 609, Aurora

Price: $788,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: N12922792

Stunning penthouse 2-bedroom, 2-bathroom residence, offering sought-after western exposure with breathtaking views over park and greenery. Located in the desirable Ridgewood 2 Condominium, this unit combines luxury finishes with functional design. Features include granite countertops, under-mount cabinet lighting, a custom granite desk, and a spacious kitchen complemented by 10-foot smooth ceilings. Enjoy seamless indoor-outdoor living with a private 251 sq ft balcony spanning the entire unit, complete with three separate access doors, gas line BBQ hookup, decking cover, and awning-perfect for relaxing or entertaining while taking in the sunset views Enjoy an exceptional lifestyle at Ridgewood 2 Condominium, offering premium building amenities including a full-service concierge, saltwater outdoor pool, hot tub, fully equipped fitness centre, party/meeting room, guest suite, and convenient pet spa. Ideally situated within walking distance to the GO Station, scenic walking trails, senior centre, shopping, theatre, and a variety of restaurants, this location combines comfort, convenience, and vibrant community living

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$788,000 - 111 Civic Square Gate Unit 609, Aurora

Condo for Sale in Aurora

79 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
N12922792
Property Type
Condo
Status
active
Days on Site
79
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Aurora
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Stunning penthouse 2-bedroom, 2-bathroom residence, offering sought-after western exposure with breathtaking views over park and greenery. Located in the desirable Ridgewood 2 Condominium, this unit combines luxury finishes with functional design. Features include granite countertops, under-mount cabinet lighting, a custom granite desk, and a spacious kitchen complemented by 10-foot smooth ceilings. Enjoy seamless indoor-outdoor living with a private 251 sq ft balcony spanning the entire unit, complete with three separate access doors, gas line BBQ hookup, decking cover, and awning-perfect for relaxing or entertaining while taking in the sunset views Enjoy an exceptional lifestyle at Ridgewood 2 Condominium, offering premium building amenities including a full-service concierge, saltwater outdoor pool, hot tub, fully equipped fitness centre, party/meeting room, guest suite, and convenient pet spa. Ideally situated within walking distance to the GO Station, scenic walking trails, senior centre, shopping, theatre, and a variety of restaurants, this location combines comfort, convenience, and vibrant community living

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,042.85/mo

Includes CMHC insurance ($21,985)

$
$
5%10%50%

5-yr fixed avg.

Principal: $709,200Interest: $481,669
Mortgage Amount$731,185
Total Interest$481,669
Est. Property Tax$558/mo
Total Cost$1,212,855

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Aurora

Discover Aurora

Aurora is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Aurora

  • Convenient location in Aurora
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Aurora offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

111 Civic Square Gate Unit 609, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$558
Insurance (est.)-$164
Net Cash Flow+$958

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $985/sqft, this property is priced in line with current Aurora market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 79 days on site, this property has exceeded the typical selling timeline for Aurora. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Aurora properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,283 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    111 Civic Square Gate Unit 609… — $788,000 | Battaglia Team