460 William Graham Drive Unit 116, Aurora

Price: $775,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12995584

Welcome to the Meadows of Aurora! Aurora's finest Senior Lifestyle community, dedicated to cultivating relationships that allow seniors(55+) to live together. With a state-of-the-art resort style facility located on 25 acres, enjoy your retirement surrounded by lush greenery in a building with amenities not found elsewhere. Living in the Meadows is an experience unparalleled, featuring a full activity calendar with exciting exercise classes, game days, movie screenings and more, entertainment is plentiful with the plethora of amenities provided (see Extras for list). This spacious, 1204 sq ft. 2 bed, 2 full bathrooms, suite with 9' ceilings, provides a great floor plan that assists with seamlessly transitioning into senior living. This unit features a spacious kitchen with plenty of cupboard and countertop space, full stainless steel appliances, and a walkout to your beautiful patio space. Unit comes with underground parking spot and locker. Maintenance fees include property taxes, water, heat/ac. Monthly costs paid directly by the Purchaser: Hydro based upon individual usage. $110 Communication Package, telephone, TV & Internet. $75 Amenity fee for the upkeep of all amenities. **EXTRAS** Amenities include: Activity Room, Party Room, Family Lounge, Games Room, Meadows Cafe, Arts and Crafts Room, Pickle Ball Court, Library, Outdoor Patio Lounge and BBQ, Fireside Lounge, Hair Salon, Fitness Center, Car Wash and many more!

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$775,000 - 460 William Graham Drive Unit 116, Aurora

Condo for Sale in Aurora

60 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12995584
Property Type
Condo
Status
active
Days on Site
60
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Aurora
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Description

Welcome to the Meadows of Aurora! Aurora's finest Senior Lifestyle community, dedicated to cultivating relationships that allow seniors(55+) to live together. With a state-of-the-art resort style facility located on 25 acres, enjoy your retirement surrounded by lush greenery in a building with amenities not found elsewhere. Living in the Meadows is an experience unparalleled, featuring a full activity calendar with exciting exercise classes, game days, movie screenings and more, entertainment is plentiful with the plethora of amenities provided (see Extras for list). This spacious, 1204 sq ft. 2 bed, 2 full bathrooms, suite with 9' ceilings, provides a great floor plan that assists with seamlessly transitioning into senior living. This unit features a spacious kitchen with plenty of cupboard and countertop space, full stainless steel appliances, and a walkout to your beautiful patio space. Unit comes with underground parking spot and locker. Maintenance fees include property taxes, water, heat/ac. Monthly costs paid directly by the Purchaser: Hydro based upon individual usage. $110 Communication Package, telephone, TV & Internet. $75 Amenity fee for the upkeep of all amenities. **EXTRAS** Amenities include: Activity Room, Party Room, Family Lounge, Games Room, Meadows Cafe, Arts and Crafts Room, Pickle Ball Court, Library, Outdoor Patio Lounge and BBQ, Fireside Lounge, Hair Salon, Fitness Center, Car Wash and many more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,976.15/mo

Includes CMHC insurance ($21,623)

$
$
5%10%50%

5-yr fixed avg.

Principal: $697,500Interest: $473,723
Mortgage Amount$719,123
Total Interest$473,723
Est. Property Tax$549/mo
Total Cost$1,192,846

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

460 William Graham Drive Unit 116, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$549
Insurance (est.)-$161
Net Cash Flow+$1,030

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 $646/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 60 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.

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 $3,229 (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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    460 William Graham Drive Unit 1… — $775,000 | Battaglia Team