$1,188,000 - 64 Wells Street Unit 408, Aurora
Condo for Sale in Aurora
New — Listed 2 days ago- MLS Number
- N13434742
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Aurora
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Welcome home to the Wells Street Schoolhouse Lofts! Fall in love with this sun-filled, two story, north west corner penthouse suite, offering two bedrooms plus den. Entertain in style in this open concept layout with approx 1,273sqft of living space, hardwood floors throughout, 9' ceilings on the main floor, designer kitchen with quartz counters, stainless steel appliances, dining area, great room with faux antique brick wall, gas fireplace and two walk-outs to an amazing 400+sqft private outdoor patio (bbq gas hook-up). Spacious primary bedroom with wall-to-wall closets (built-ins), large 4pc ensuite, faux antique brick wall & views to both the west & north! Second bedroom with own 3pc ensuite & barn door closet. Open concept den and second floor laundry. Built-in ceiling speakers on both floors & two outdoor speakers on patio. Two parking spots (one with EV charger). Property also has an on site gym, party/meeting room and visitor parking. Situated across from the Aurora Town Park, you will enjoy the many activities it has to offer such as live music, the farmer's market and the new Slabtown Armoury Restaurant! Close walk to amenities & GO station.
Estimate your monthly payments for this property
Estimated Payment
$5,254.92/mo
5-yr fixed avg.
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.
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
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.
64 Wells Street Unit 408, Aurora
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $990/sqft, this property is priced in line with current Aurora market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Aurora's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $4,950 (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.