$999,000 - 240 Elyse Court, Aurora
New Construction for Sale in Aurora
Neighbourhood: Bayview Northeast
- MLS Number
- N13465388
- Property Type
- New Construction
- Status
- active
- Days on Site
- 16
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Aurora
- Listing Brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Exquisite luxury living in this exceptional 2,200+ sq. ft. Upgraded townhome, ideally situated on a premium ***RAVINE*** lot within a quiet and highly desirable enclave offers elegance, privacy, and everyday functionality. It featurs a grand double-door entry, Long driveway with no sidewalk, parking for two vehicles on the private driveway, and convenient direct access from the garage.Backing onto lush greenery, this residence offers unobstructed ravine, pond and trails view, a peaceful natural setting, and direct walkout access to scenic walking trails just steps from your door. The main level showcases soaring **10 FT** smooth ceilings thru-out, elegant pot lighting, rich oak staircases, and a bright open-concept layout, Gourmet Kitchen with Quartz C-Top, Ss Appliances & Cabinet Lighting, Breakfast area over view Ravine and Pond with w/o to deck. The upper level impresses with **9FT** ceilings, Primary Bed W/ Oasis bath and free stand Tub, spacious bedrooms, and a thoughtfully positioned second-floor laundry room for added convenience. The remarkable third floor offers a versatile loft-style retreat, perfect as a private primary suite sanctuary, executive office, family lounge, or guest retreat, complete with a full 3-piece bathroom and direct access to a spectacular rooftop terrace-style scenic patio and Balcony. This private outdoor space provides the perfect setting to relax while enjoying breathtaking panoramic ravine views. **THE WALK OUT BASEMENT** further enhances the home's versatility, offering endless possibilities for extended family living, a private guest retreat, a recreation area, home gym, or future income potential, with the added convenience of possible **SEPARATE ENTRANCE** through the garage. Ideally located MINUTES from amenities, including shopping, dining, recreation complexes, community centres, Highway 404, and GO Transit.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 Bayview Northeast
Bayview Northeast 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 Bayview Northeast
- •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
Bayview Northeast 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.
240 Elyse Court, 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 $500/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 16 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Aurora. Good resale value as demand remains consistent.
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.
About Bayview Northeast
I know Bayview Northeast 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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.