47 Milloy Place, Aurora

Price: $788,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: N13522708

An incredible opportunity to own a freehold townhome in Aurora's sought-after Aurora Grove community! With 1,432 sq ft of smartly designed living space, this 3-bedroom, 3-bathroom home makes every square foot count - a bright, functional layout with no wasted space. The kitchen offers a view you won't find anywhere else, with windows overlooking the neighbouring horse stables - a picturesque backdrop for your morning coffee. Out back, enjoy a cozy, private backyard that's perfect for quiet evenings and weekend lounging. Whether you're a first-time buyer or a downsizer, this is your chance to get into one of Aurora's most desirable pockets. Steps to parks, trails, and the Aurora Arboretum, with Longo's, Starbucks, shops, and dining just a short walk away. Quick access to Hwy 404, Wellington St, and transit makes commuting effortless. A wonderful home in a wonderful community - this one is truly worth a look. Recent updates: Roof shingles, Eves & Gutters -2012, Appliances-2019, 3 toilets-2025, Primary Bathroom Sink & Faucet-2026, Living room floors-2020, EV Charger-2023, Backyard Deck-2024, Interlock Walkway-2023, Front yard landscaping-2026.

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active
New Listing
1/31

$788,000 - 47 Milloy Place, Aurora

Townhouse for Sale in Aurora

New — Listed 2 days ago

Neighbourhood: Aurora Grove

3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
N13522708
Property Type
Townhouse
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Aurora
Listing Brokerage
RE/MAX PREMIER INC.
Description

An incredible opportunity to own a freehold townhome in Aurora's sought-after Aurora Grove community! With 1,432 sq ft of smartly designed living space, this 3-bedroom, 3-bathroom home makes every square foot count - a bright, functional layout with no wasted space. The kitchen offers a view you won't find anywhere else, with windows overlooking the neighbouring horse stables - a picturesque backdrop for your morning coffee. Out back, enjoy a cozy, private backyard that's perfect for quiet evenings and weekend lounging. Whether you're a first-time buyer or a downsizer, this is your chance to get into one of Aurora's most desirable pockets. Steps to parks, trails, and the Aurora Arboretum, with Longo's, Starbucks, shops, and dining just a short walk away. Quick access to Hwy 404, Wellington St, and transit makes commuting effortless. A wonderful home in a wonderful community - this one is truly worth a look. Recent updates: Roof shingles, Eves & Gutters -2012, Appliances-2019, 3 toilets-2025, Primary Bathroom Sink & Faucet-2026, Living room floors-2020, EV Charger-2023, Backyard Deck-2024, Interlock Walkway-2023, Front yard landscaping-2026.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,042.85/mo

Includes CMHC insurance ($21,985)

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5-yr fixed avg.

Principal: $709,200Interest: $481,669
Mortgage Amount$731,185
Total Interest$481,669
Est. Property Tax$558/mo
Total Cost$1,212,855

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 Grove

Discover Aurora Grove

Aurora Grove 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 Grove

  • 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 Grove 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

47 Milloy Place, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$558
Insurance (est.)-$164
Net Cash Flow+$1,828

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 $716/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Aurora have shown strong appreciation as families seek more space.

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.

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.

About Aurora Grove

I know Aurora Grove 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.

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    47 Milloy Place, Aurora | $788,000 | Battaglia Team