$1,319,000 - 246 Thomas Phillips Drive, Aurora
Detached for Sale in Aurora
63 days on market- MLS Number
- N12994246
- Property Type
- Detached
- Status
- active
- Days on Site
- 63
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- AIMHOME REALTY INC.
!!!Welcome to this fully upgraded Mattamy 4+1bedrooms detached set in the highly desirable community of Rural Aurora! Offers updated sits on a premium & rarely 5100 sq ft lot with large back yard! This stunning 4+1 bedrooms, 3.5 bath home, with professional finished basement, features bright open concept floor plan approximately 3000+ living space, ultra modern kitchen with upgraded black stainless steel appliances! 9-foot ceilings on main floor, pot lights, hardwood floors throughout, oak staircase! Gorgeous great room overlooking back yard! The upgraded kitchen is designed for both style and function, offering a spacious centre island, perfect for everyday living and entertaining! Upstairs, the primary bedroom impresses with a generous walk-in closet and a luxurious 4-piece ensuite, providing the ideal private retreat! Double garage with access from inside! The beautifully finished basement adds exceptional versatility, featuring a 3-piece bathroom, a bedroom and a luxury entertainment room making it perfect for extended family or additional living space! This move-in-ready home shows quality, comfort, and premium upgrades in one of Aurora's most sought-after neighborhoods! A Must See!
Estimate your monthly payments for this property
Estimated Payment
$5,834.38/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.
246 Thomas Phillips Drive, 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 $660/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 63 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.
Detached Home Advantages
Detached homes in Aurora are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Aurora.
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 $5,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.