$1,189,999 - 240 Elyse Court, Aurora
Townhouse for Sale in Aurora
101 days on market- MLS Number
- N12846460
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 101
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Experience refined living in this exceptional 2,200 sq. ft. luxury townhome, perfectly positioned on a premium ravine lot in a tranquil, sought-after enclave. With no sidewalk and parking for two vehicles on the private driveway, this rare offering combines elegance, privacy, and everyday convenience. Backing onto lush greenery with direct walkout access to nature, this home delivers breathtaking, unobstructed ravine views and immediate access to scenic walking trails just steps from your door. The main level impresses with soaring 10-foot smooth ceilings, sophisticated pot lighting, and a seamless open concept design curated for modern living and entertaining. Rich oak staircases add warmth and architectural charm throughout. Upstairs, 9-foot ceilings enhance the airy ambiance, complemented by a thoughtfully located second-floor laundry room for ultimate convenience. The stunning third level offers a versatile loft-style retreat-ideal as a primary suite sanctuary, executive office, or private lounge complete with a full 4-piece bath and direct access to an expansive rooftop terrace. Here, unwind or entertain against a serene backdrop of panoramic ravine views. The walkout basement presents remarkable flexibility, offering an excellent layout for a private in-law suite, income-generating rental space, home fitness studio, or custom recreation area. Situated moments from premier amenities including shopping, dining, recreation complexes, community centers, Hwy 404, and GO Transit, this residence blends natural tranquility with urban accessibility. A rare opportunity to own a sophisticated ravine-side masterpiece where luxury meets lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$5,263.77/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.
240 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 $595/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 101 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.
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 4 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 $4,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.