$799,000 - 130 Mosaics Avenue Unit 40, Aurora
Condo for Sale in Aurora
97 days on market- MLS Number
- N12859574
- Property Type
- Condo
- Status
- active
- Days on Site
- 97
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Aurora
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to this Spacious End-Unit Townhome, the Largest in the Mosaics Complex. Nestled in the Heart of Aurora, this 3-bedroom, 3-bathroom Home situated on one of the Largest Lots in the complex, backs onto a Serene Green Space, offering privacy and picturesque views. Filled with natural light, the open-concept floor plan is perfect for entertaining. The bright and spacious newly Upgraded Kitchen features quartz countertops, a new sink and some new appliances, walkout to a deck, Natural Gas line and overlooks a generously sized, Fully Fenced Backyard with No rear neighbors. The Breakfast Area, adorned with a charming Bay Window, provides a tranquil view of the Green Space. The Primary Bedroom boasts a Custom walk-in Closet Organizer and a beautifully renovated Bathroom. Two additional Bedrooms and a second Bathroom complete the Upper level. The cozy Basement, featuring an electric fireplace, leads to a stamped Concrete Patio, ideal for private outdoor enjoyment. This carpet-free home includes a Wood staircase, Custom Closet Organizers all throughout and convenient direct access to the house from the garage. Enjoy all that Aurora has to offer! Just minutes away from Yonge Street, Shops, Restaurants, Shopping Centers, the Aurora GO Station, and so much more!
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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.
130 Mosaics Avenue Unit 40, Aurora
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Rental income estimator & ROI calculator
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 $499/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.
Negotiation Opportunity
At 97 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.