563 Tara Hill Circle, Aurora

Price: $699,000

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N13608274

Welcome to this bright and spacious 3-bedroom, 3-bathroom condo townhouse nestled in one of Aurora's most desirable family-friendly neighbourhoods. Offering a functional layout, generous living spaces, and incredible potential, this well-maintained home is perfect for buyers looking to renovate and customize a home to their own style in a prime location. The main floor features an open-concept living and dining area, a spacious eat-in kitchen with a walkout to a private, tree-lined deck, creating the perfect setting for everyday living and entertaining. Upstairs, the primary bedroom offers a walk-in closet and private 4-piece ensuite, while two additional generously sized bedrooms and a full bathroom provide plenty of space for a growing family. A true standout is the bright, fully finished walk-out basement-a rare feature that fills the lower level with natural light while providing direct access to the fully fenced backyard and stone interlock patio. This versatile space is ideal as a family recreation room, home office, gym, or children's play area, with endless possibilities to suit your lifestyle. Additional highlights include an extra-long private driveway, and low-maintenance living with lawn care and snow removal managed by the condominium corporation. Ideally located close to Yonge Street, the scenic Tim Jones Trail, parks, transit, shopping, and restaurants. The prestigious St. Andrew College, Community centres and Highway 404 are just minutes away. This is a fantastic opportunity to own a spacious home with exceptional renovation potential and a highly sought-after walk-out basement in one of Aurora's most established and desirable communities.

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$699,000 - 563 Tara Hill Circle, Aurora

Condo for Sale in Aurora

Neighbourhood: Aurora Village

3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N13608274
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Aurora
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Welcome to this bright and spacious 3-bedroom, 3-bathroom condo townhouse nestled in one of Aurora's most desirable family-friendly neighbourhoods. Offering a functional layout, generous living spaces, and incredible potential, this well-maintained home is perfect for buyers looking to renovate and customize a home to their own style in a prime location. The main floor features an open-concept living and dining area, a spacious eat-in kitchen with a walkout to a private, tree-lined deck, creating the perfect setting for everyday living and entertaining. Upstairs, the primary bedroom offers a walk-in closet and private 4-piece ensuite, while two additional generously sized bedrooms and a full bathroom provide plenty of space for a growing family. A true standout is the bright, fully finished walk-out basement-a rare feature that fills the lower level with natural light while providing direct access to the fully fenced backyard and stone interlock patio. This versatile space is ideal as a family recreation room, home office, gym, or children's play area, with endless possibilities to suit your lifestyle. Additional highlights include an extra-long private driveway, and low-maintenance living with lawn care and snow removal managed by the condominium corporation. Ideally located close to Yonge Street, the scenic Tim Jones Trail, parks, transit, shopping, and restaurants. The prestigious St. Andrew College, Community centres and Highway 404 are just minutes away. This is a fantastic opportunity to own a spacious home with exceptional renovation potential and a highly sought-after walk-out basement in one of Aurora's most established and desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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

563 Tara Hill Circle, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,529

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 $499/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 27 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.

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 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.

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    563 Tara Hill Circle, Aurora | $699,000 | Battaglia Team