15277 Yonge Street Unit 313, Aurora

Price: $579,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: N13040330

Welcome to The Centro! A luxury boutique condo on Yonge, in the charming Aurora Village. Everything in this 2-Bedroom unit is upscale and grandeur: soaring 10' ceilings, large windows, oversized doors. Total 843 sq.ft. including 748 sq.ft. interior and a large 95 sq.ft. balcony. The unit is flood with natural light. It comes with a kitchen island, quality appliances, ensuite laundry, a walk-in closet in primary bedroom, and a large double sized closet with built-In organizers in the 2nd bedroom. The property features a spacious open concept Living-Dining area, with oversized windows and a walk-out to a patio-balcony with South views, equipped with gas outlet for your bbq. The high-quality new LG washer and dryer were installed in 2023. The hardwood floors have been sanded and re-finished with a beautiful colour in September 2024.Prime location right in the heart of Aurora with easy access to shopping, dining, and transit. Walking distance to new Aurora Town Square and Library, a short drive to Aurora Community Centre. Quick access to Go Train, Hwy 404.

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$579,000 - 15277 Yonge Street Unit 313, Aurora

Condo for Sale in Aurora

50 days on market
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
N13040330
Property Type
Condo
Status
active
Days on Site
50
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Aurora
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
CENTURY 21 B.J. ROTH REALTY LTD.
Description

Welcome to The Centro! A luxury boutique condo on Yonge, in the charming Aurora Village. Everything in this 2-Bedroom unit is upscale and grandeur: soaring 10' ceilings, large windows, oversized doors. Total 843 sq.ft. including 748 sq.ft. interior and a large 95 sq.ft. balcony. The unit is flood with natural light. It comes with a kitchen island, quality appliances, ensuite laundry, a walk-in closet in primary bedroom, and a large double sized closet with built-In organizers in the 2nd bedroom. The property features a spacious open concept Living-Dining area, with oversized windows and a walk-out to a patio-balcony with South views, equipped with gas outlet for your bbq. The high-quality new LG washer and dryer were installed in 2023. The hardwood floors have been sanded and re-finished with a beautiful colour in September 2024.Prime location right in the heart of Aurora with easy access to shopping, dining, and transit. Walking distance to new Aurora Town Square and Library, a short drive to Aurora Community Centre. Quick access to Go Train, Hwy 404.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,970.57/mo

Includes CMHC insurance ($16,154)

$
$
5%10%50%

5-yr fixed avg.

Principal: $521,100Interest: $353,917
Mortgage Amount$537,254
Total Interest$353,917
Est. Property Tax$410/mo
Total Cost$891,171

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

15277 Yonge Street Unit 313, 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)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$410
Insurance (est.)-$121
Net Cash Flow+$1,214

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 $827/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 50 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 700 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 $2,413 (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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    15277 Yonge Street Unit 313, Au… — $579,000 | Battaglia Team