248 Milestone Crescent Unit 120, Aurora

Price: $499,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12586674

Welcome To This Move-In Ready 3-Bedroom, 2-Bathroom Condo Townhouse Nestled In A Quiet, Family-Friendly Community In The Heart Of Aurora *This Bright And Spacious Home Features A Functional Layout With Pot Lights And A Sun-Filled Living Area That Walks Out To A Private Terrace Perfect For Outdoor Enjoyment *The Kitchen Offers Ample Cabinet Space, While The Adjacent Dining Area Provides A Cozy Spot For Daily Meals *Enjoy The Convenience Of Covered Parking And Proximity To Top-Rated Schools, Parks, Trails, Shopping, Aurora Library, Community Centre, Transit, And More *Ideal For First-Time Buyers, Families, Or Investors Looking For Value In A Prime Location *This Is A Fantastic Opportunity To Own In One Of Aurora's Most Accessible And Desirable Neighbourhoods*

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$499,900 - 248 Milestone Crescent Unit 120, Aurora

Condo for Sale in Aurora

133 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12586674
Property Type
Condo
Status
active
Days on Site
133
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Aurora
Locker
None
Exposure
East
Balcony
Terrace
Listing Brokerage
EXP REALTY
Description

Welcome To This Move-In Ready 3-Bedroom, 2-Bathroom Condo Townhouse Nestled In A Quiet, Family-Friendly Community In The Heart Of Aurora *This Bright And Spacious Home Features A Functional Layout With Pot Lights And A Sun-Filled Living Area That Walks Out To A Private Terrace Perfect For Outdoor Enjoyment *The Kitchen Offers Ample Cabinet Space, While The Adjacent Dining Area Provides A Cozy Spot For Daily Meals *Enjoy The Convenience Of Covered Parking And Proximity To Top-Rated Schools, Parks, Trails, Shopping, Aurora Library, Community Centre, Transit, And More *Ideal For First-Time Buyers, Families, Or Investors Looking For Value In A Prime Location *This Is A Fantastic Opportunity To Own In One Of Aurora's Most Accessible And Desirable Neighbourhoods*

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

248 Milestone Crescent Unit 120, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,682

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 $417/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 133 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.

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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    MLS# N12586674 — 248 Milestone Crescent Unit 120… | Battaglia Team