242 Milestone Crescent, Aurora

Price: $479,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13226692

Bright and spacious condo townhouse in the heart of Aurora! Located in a family-friendly complex with an outdoor pool just steps from your door. Surrounded by parks, trails, and top-ranked schools. Walking distance to the library, community centre, shopping, medical offices, and transit. Ideal for first-time buyers or investors. Functional layout with a large living room and walk-out to a private patio. Renovated kitchen with quartz countertops, updated bathrooms and flooring, plus 2 parking spots and lots of storage. New windows, patio door, and carport door. A great opportunity to own in one of Auroras most desirable neighbourhoods!

242 Milestone Crescent - Condo photo 1 of 16 in Aurora, Ontario
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$479,000 - 242 Milestone Crescent, Aurora

Condo for Sale in Aurora

Popular Listing
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13226692
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Aurora
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
RE/MAX EXPERTS
Description

Bright and spacious condo townhouse in the heart of Aurora! Located in a family-friendly complex with an outdoor pool just steps from your door. Surrounded by parks, trails, and top-ranked schools. Walking distance to the library, community centre, shopping, medical offices, and transit. Ideal for first-time buyers or investors. Functional layout with a large living room and walk-out to a private patio. Renovated kitchen with quartz countertops, updated bathrooms and flooring, plus 2 parking spots and lots of storage. New windows, patio door, and carport door. A great opportunity to own in one of Auroras most desirable neighbourhoods!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,457.52/mo

Includes CMHC insurance ($13,364)

$
$
5%10%50%

5-yr fixed avg.

Principal: $431,100Interest: $292,791
Mortgage Amount$444,464
Total Interest$292,791
Est. Property Tax$339/mo
Total Cost$737,255

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

242 Milestone Crescent, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$339
Insurance (est.)-$100
Net Cash Flow+$1,671

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

Competitive Pricing

At $479/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.

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.

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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    242 Milestone Crescent, Aurora — $479,000 | Battaglia Team