15390 Yonge Street Unit PH 1, Aurora

Price: $649,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13628582

If you've been searching for a spacious condo in a mature neighbourhood, this is an opportunity to make it your own. Offering 1,256 sq. ft. (MPAC) of well-designed living space, this bright and spacious penthouse enjoys open, unobstructed south-facing views over mature greenery, with glimpses of Yonge Street beyond-the perfect balance of peaceful surroundings and convenient urban living. Penthouse One offers exceptional value, generous living space, and the opportunity to update and personalize the home to reflect your own style. With a custom kitchen with granite counter tops, two bedrooms, two bathrooms, carport parking, a locker, and a functional layout, this top-floor suite is ready for its next chapter.

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$649,000 - 15390 Yonge Street Unit PH 1, Aurora

Condo for Sale in Aurora

Neighbourhood: Aurora Village

2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13628582
Property Type
Condo
Status
active
Days on Site
23
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Aurora
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

If you've been searching for a spacious condo in a mature neighbourhood, this is an opportunity to make it your own. Offering 1,256 sq. ft. (MPAC) of well-designed living space, this bright and spacious penthouse enjoys open, unobstructed south-facing views over mature greenery, with glimpses of Yonge Street beyond-the perfect balance of peaceful surroundings and convenient urban living. Penthouse One offers exceptional value, generous living space, and the opportunity to update and personalize the home to reflect your own style. With a custom kitchen with granite counter tops, two bedrooms, two bathrooms, carport parking, a locker, and a functional layout, this top-floor suite is ready for its next chapter.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

$
$
5%10%50%

5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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 Village

Discover Aurora Village

Aurora Village 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 Village

  • 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 Village 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

15390 Yonge Street Unit PH 1, 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)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,145

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 $541/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 23 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.

About Aurora Village

I know Aurora Village well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $2,704 (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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    15390 Yonge Street Unit PH 1, Aurora | $649,000 | Battaglia Team