500 Alex Gardner Circle Unit 99, Aurora

Price: $623,000

2 bedrooms, 3 bathrooms

900 sqft

Property Type: Condo

MLS#: N13104968

Modern Stacked TH in heart of downtown Aurora in prestigious community. Excellent location, bright, ground level, open concept layout with access to Patio. Ready to move in condition. Steps to Yonge Street Boutique Shops, Just few steps to Aurora GO Station, easy street level access, VIVA / York Bus Station right outside building, close access to 404, close to top rated schools, parks. $2500 payable to Buyer upon closing to change colour of paint and / or buy furniture. Property VACANT - check out "Virtual Staging" Photos of Living Room & Kitchen.

500 Alex Gardner Circle Unit 99 - Condo photo 1 of 11 in Aurora, Ontario
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$623,000 - 500 Alex Gardner Circle Unit 99, Aurora

Condo for Sale in Aurora

36 days on market
2Beds
3Baths
900Sq Ft
Condo
Property Details
MLS Number
N13104968
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
2
Bathrooms
3
Square Feet
900 sqft
Neighbourhood
Aurora
Locker
Owned
Exposure
East
Balcony
Enclosed
Listing Brokerage
REALBIZ REALTY INC.
Description

Modern Stacked TH in heart of downtown Aurora in prestigious community. Excellent location, bright, ground level, open concept layout with access to Patio. Ready to move in condition. Steps to Yonge Street Boutique Shops, Just few steps to Aurora GO Station, easy street level access, VIVA / York Bus Station right outside building, close access to 404, close to top rated schools, parks. $2500 payable to Buyer upon closing to change colour of paint and / or buy furniture. Property VACANT - check out "Virtual Staging" Photos of Living Room & Kitchen.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,196.31/mo

Includes CMHC insurance ($17,382)

$
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5-yr fixed avg.

Principal: $560,700Interest: $380,812
Mortgage Amount$578,082
Total Interest$380,812
Est. Property Tax$441/mo
Total Cost$958,894

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

500 Alex Gardner Circle Unit 99, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$441
Insurance (est.)-$130
Net Cash Flow+$1,124

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 $692/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 36 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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Bathroom Count Matters

With 3 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 $2,596 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    500 Alex Gardner Circle Unit 99… — $623,000 | Battaglia Team