$1,349,990 - 74 Old Bloomington Road, Aurora
Condo for Sale in Aurora
65 days on market- MLS Number
- N12980080
- Property Type
- Condo
- Status
- active
- Days on Site
- 65
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,250 sqft
- Neighbourhood
- Aurora
- Locker
- Ensuite
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- CITYSCAPE REAL ESTATE LTD.
Rarely offered executive custom-built townhome in the prestigious Aurora Estates! This exceptional residence offers 4 expansive bedrooms, two featuring private ensuites and walk-in closets, and balconies in three of the bedrooms. Enjoy private elevator access to all levels, and a massive formal laundry room complete with built-in cabinetry and natural light. The finished basement offers incredible versatility - and could easily serve as a 5th bedroom, with bathroom rough-in already in place. Nestled within an exclusive enclave of only six custom-built townhomes, this property is surrounded by multi-million dollar estates and gated communities, offering unmatched privacy amidst a serene wooded setting. Additional features include: Central Vacuum, Garburator, main floor Surround Sound Speakers, B/I Blinds and so much more! 10 ft ceilings on the main level and 9 ft ceilings on all other floors - adding to the home's spacious, executive appeal. A truly rare opportunity in one of Aurora's most coveted communities - this is one you won't want to miss!
Estimate your monthly payments for this property
Estimated Payment
$5,971.46/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.
74 Old Bloomington Road, Aurora
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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
Competitive Pricing
At $600/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 65 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.
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 $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.