4 Milgate Place, Aurora

Price: $1,399,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13168778

Welcome to this beautifully updated detached home in Aurora's sought-after Highlands community, perfectly situated on a quiet street with no through traffic. Offering 5 spacious bedrooms and4 upgraded bathrooms, this exceptional family home combines comfort, style, and privacy in one of Aurora's most established neighbourhoods. This home features a traditional layout with renovated eat in kitchen, thoughtfully designed with modern finishes, quality cabinetry, and ample workspace for everyday living and entertaining. Two cozy gas fireplaces add warmth and character to your multiple living spaces. Step outside to your own private backyard retreat featuring a professionally landscaped yard and an impressive 32' x 16' in-ground pool with an 8-foot deep end - perfect for summer entertaining, family fun, or relaxing weekends at home. Enjoy outdoor living on the updated back patio (2017) and welcoming front patio (2019).This home has been meticulously maintained with major updates already completed for peace of mind, including roof (2020), furnace (2020), air conditioner (2020), pool heater (2018), and pool pump (2021).Located close to top-rated schools, parks, trails, shopping, and transit, this move-in ready home offers the perfect balance of family living and lifestyle convenience in one of Aurora's most desirable areas.

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$1,399,000 - 4 Milgate Place, Aurora

Detached for Sale in Aurora

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13168778
Property Type
Detached
Status
active
Days on Site
22
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Aurora
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Welcome to this beautifully updated detached home in Aurora's sought-after Highlands community, perfectly situated on a quiet street with no through traffic. Offering 5 spacious bedrooms and4 upgraded bathrooms, this exceptional family home combines comfort, style, and privacy in one of Aurora's most established neighbourhoods. This home features a traditional layout with renovated eat in kitchen, thoughtfully designed with modern finishes, quality cabinetry, and ample workspace for everyday living and entertaining. Two cozy gas fireplaces add warmth and character to your multiple living spaces. Step outside to your own private backyard retreat featuring a professionally landscaped yard and an impressive 32' x 16' in-ground pool with an 8-foot deep end - perfect for summer entertaining, family fun, or relaxing weekends at home. Enjoy outdoor living on the updated back patio (2017) and welcoming front patio (2019).This home has been meticulously maintained with major updates already completed for peace of mind, including roof (2020), furnace (2020), air conditioner (2020), pool heater (2018), and pool pump (2021).Located close to top-rated schools, parks, trails, shopping, and transit, this move-in ready home offers the perfect balance of family living and lifestyle convenience in one of Aurora's most desirable areas.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,188.25/mo

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5-yr fixed avg.

Principal: $1,119,200Interest: $737,275
Mortgage Amount$1,119,200
Total Interest$737,275
Est. Property Tax$991/mo
Total Cost$1,856,475

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

4 Milgate Place, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$991
Insurance (est.)-$291
Net Cash Flow+$2,418

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 $700/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 22 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.

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 $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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