$1,219,800 - 116 Elyse Court, Aurora
Townhouse for Sale in Aurora
New — Listed 3 days ago- MLS Number
- N13443984
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 3
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to 116 Elyse Crt, one of the largest end-unit freehold townhouses in the heart of Aurora! This spacious home offers four large bedrooms on a premium lot, with no POTL fee. The property backs onto a ravine and a walking trail, offering a peaceful view and easy access to nature. With 2,357 square feet of above-grade living space plus a walkout basement, there is plenty of room for family gatherings and for entertaining guests. The main floor features a rare 10-foot ceiling, while the second floor has 9-foot ceilings. The living room includes a large fireplace and overlooks the lush ravine. The open-concept kitchen has a granite countertop and stainless steel appliances, and is next to a large storage and laundry room. The primary bedroom offers a sitting area, a large walk-in closet, a five-piece ensuite bathroom with a double sink and a stand-alone soaking tub. This is a unique opportunity to own a beautiful home in a quiet, family-friendly neighbourhood surrounded byparks and green spaces, including Aurora Wildlife Park and Stewart Burnett Park. You will also be close to recreational amenities like Stronach Aurora Recreation Complex, Magna Mini Fields, Hickson Park Skatepark, and Magna Golf Club, as well as top-rated schools,shopping, a Cineplex theatre, public transit, Aurora GO station, YRT buses, and just minutes from Highway 404. Don't miss your chance to make this beautiful freehold townhouse your new home!
Estimate your monthly payments for this property
Estimated Payment
$5,395.59/mo
5-yr fixed avg.
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.
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
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.
116 Elyse Court, Aurora
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $610/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Aurora's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Aurora have shown strong appreciation as families seek more space.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Aurora. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $5,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.