311 Milestone Crescent Unit 146, Aurora

Price: $649,000

4 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13141098

Welcome To 311 Milestone Crescent, Located In The Heart Of Aurora! one of the best location units in the complex. A Fantastic Opportunity For First-Time Home Buyers, Families, And Investors Alike. Conveniently Situated Just Steps From Yonge Street, Public Transit, And The GO Station, This Home Is Set In A Highly Desirable Family-Friendly Community Close To Schools, Parks, Shopping, Restaurants, And All Essential Amenities.Ideally Positioned Across From Aurora Heights Public School And Within Walking Distance To Wellington Public School And St. Joseph CES. This Property Offers Exceptional Convenience For Families. The Home Features A Private Terrace With Turf, Freshly Painted Interiors, New Laminate Flooring, Stylish Feature Walls, Updated Bathrooms And Kitchen, New Electrical Fixtures, And Professional Cleaning Throughout.Recent upgrades Include A New Heat Pump/ A/C System, A New Hot Water Tank (Owned), Upgraded Kitchen Countertops And Backsplash, A New Carport Door Installed In May 2024, New Windows .Residents Also Benefit From Access To A Well-Maintained renovated Outdoor Pool And Plenty Of Visitor Parking Within The Complex.

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active
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$649,000 - 311 Milestone Crescent Unit 146, Aurora

Condo for Sale in Aurora

4Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13141098
Property Type
Condo
Status
active
Days on Site
26
Bedrooms
4
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Aurora
Locker
None
Exposure
South
Balcony
Terrace
Listing Brokerage
POWER 7 REALTY
Description

Welcome To 311 Milestone Crescent, Located In The Heart Of Aurora! one of the best location units in the complex. A Fantastic Opportunity For First-Time Home Buyers, Families, And Investors Alike. Conveniently Situated Just Steps From Yonge Street, Public Transit, And The GO Station, This Home Is Set In A Highly Desirable Family-Friendly Community Close To Schools, Parks, Shopping, Restaurants, And All Essential Amenities.Ideally Positioned Across From Aurora Heights Public School And Within Walking Distance To Wellington Public School And St. Joseph CES. This Property Offers Exceptional Convenience For Families. The Home Features A Private Terrace With Turf, Freshly Painted Interiors, New Laminate Flooring, Stylish Feature Walls, Updated Bathrooms And Kitchen, New Electrical Fixtures, And Professional Cleaning Throughout.Recent upgrades Include A New Heat Pump/ A/C System, A New Hot Water Tank (Owned), Upgraded Kitchen Countertops And Backsplash, A New Carport Door Installed In May 2024, New Windows .Residents Also Benefit From Access To A Well-Maintained renovated Outdoor Pool And Plenty Of Visitor Parking Within The Complex.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

$
$
5%10%50%

5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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

311 Milestone Crescent Unit 146, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,945

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 $541/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.

Market Position

At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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.

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 $2,704 (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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    311 Milestone Crescent Unit 146… — $649,000 | Battaglia Team