85 Wellington Street Unit 312, Aurora

Price: $678,888

3 bedrooms, 2 bathrooms

1,600 sqft

Property Type: Condo

MLS#: N13447958

Wow! Value here! Bright spacious two bedroom plus den (or 3rd bedroom suite!). Steps to Yonge St, transit, all amenities, downtown restaurants, tennis, library, and Aurora Cultural Centre! Suite features neutral decor! Open concept plan! Massive living room/dining room combination (bring all of your furniture!). Two balconies, 3 walk outs & more! Big ceramic eat-in kitchen with stainless steel appliances! Primary with walkout to balcony, walk-in closet, and inviting 3pc ensuite with shower stall! Large secondary bedroom with wall-to-wall closet and picture window! Easy Access to 2nd balcony! Big den could be 3rd bedroom too! ! 4pc bathroom adjacent to 2nd bedroom. Huge utility room combined with laundry with updated washer and dryer! Two parking spots - one inside, one outside! Recently updated common areas. Well maintained building. Compare Value. North Eastern exposure. Sundrenched with morning sun!

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New Listing
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$678,888 - 85 Wellington Street Unit 312, Aurora

Condo for Sale in Aurora

New — Listed 3 days ago
3Beds
2Baths
1,600Sq Ft
Condo
Property Details
MLS Number
N13447958
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,600 sqft
Neighbourhood
Aurora
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
THE LIND REALTY TEAM INC.
Description

Wow! Value here! Bright spacious two bedroom plus den (or 3rd bedroom suite!). Steps to Yonge St, transit, all amenities, downtown restaurants, tennis, library, and Aurora Cultural Centre! Suite features neutral decor! Open concept plan! Massive living room/dining room combination (bring all of your furniture!). Two balconies, 3 walk outs & more! Big ceramic eat-in kitchen with stainless steel appliances! Primary with walkout to balcony, walk-in closet, and inviting 3pc ensuite with shower stall! Large secondary bedroom with wall-to-wall closet and picture window! Easy Access to 2nd balcony! Big den could be 3rd bedroom too! ! 4pc bathroom adjacent to 2nd bedroom. Huge utility room combined with laundry with updated washer and dryer! Two parking spots - one inside, one outside! Recently updated common areas. Well maintained building. Compare Value. North Eastern exposure. Sundrenched with morning sun!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,483.05/mo

Includes CMHC insurance ($18,941)

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5%10%50%

5-yr fixed avg.

Principal: $610,999Interest: $414,974
Mortgage Amount$629,940
Total Interest$414,974
Est. Property Tax$481/mo
Total Cost$1,044,914

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

85 Wellington Street Unit 312, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$481
Insurance (est.)-$141
Net Cash Flow+$1,578

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 $424/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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,829 (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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    85 Wellington Street Unit 312, Aurora | $678,888 | Battaglia Team