$1.19M · 2 bed Condo Apartment · Aurora Village, Aurora

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About this home

Welcome home to the Wells Street Schoolhouse Lofts! Fall in love with this sun-filled, two story, north west corner penthouse suite, offering two bedrooms plus den. Entertain in style in this open concept layout with approx 1,273sqft of living space, hardwood floors throughout, 9' ceilings on the main floor, designer kitchen with quartz counters, stainless steel appliances, dining area, great room with faux antique brick wall, gas fireplace and two walk-outs to an amazing 400+sqft private outd…

Property details

MLS#

N13434742

Status

Buy Now

Beds

Baths

3 full, 0 half

Size

1200-1399

Style

Apartment

Type

Condo Apartment

Year built

—

Property features: Electric Car Charger, Park, Terraced

Fireplaces: 1
Fireplace features: Natural Gas

Building name: Wells Street Schoolhouse Lofts
Condo corp #: 1318
Balcony: Terrace
Locker: Owned
Association amenities: BBQs Allowed, Exercise Room, Party Room/Meeting Room, Visitor Parking
Fees include: Water Included, Building Insurance Included, Common Elements Included, Parking Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 2 total
Heating: Heat Pump
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Wells & Wellington
Basement: None
Stories: 4
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: Private

Level	Room	Dimensions
Main	Great Room	5.25m × 6.38m
Main	Dining Room	5.25m × 6.38m
Main	Kitchen	2.8m × 3.65m
Second	Primary Bedroom	2.98m × 5.62m
Second	Bedroom 2	2.95m × 3.2m
Second	Den	1.94m × 2.3m
Main	Other	3.88m × 9.06m

Level

Room

Dimensions

Main

Great Room

5.25m × 6.38m

Main

Dining Room

5.25m × 6.38m

Main

Kitchen

2.8m × 3.65m

Second

Primary Bedroom

2.98m × 5.62m

Second

Bedroom 2

2.95m × 3.2m

Second

Den

1.94m × 2.3m

Main

Other

3.88m × 9.06m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,188,000✓ $6,310 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$9,830/mo

incl. closing costs (yr 1)

Annual total

$117,957

year 1

Mortgage only

$4,507/mo

principal + interest

Beyond mortgage

$3,178/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$237,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$526/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$11,880/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$103/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$20,235

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $54,083/yr

Property taxes23% $26,545/yr

Utilities3% $3,960/yr

Insurance & security1% $1,600/yr

Maintenance10% $11,880/yr

Condo fees13% $14,789/yr

Closing costs4% $5,100/yr

Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$54,083	$4,507/mo
Government & taxes
Property tax	$6,310	$526/mo
Land transfer tax(closing)	$20,235	$1,686/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$11,880	$990/mo
Condo fees
Condo / HOA fees	$14,789	$1,232/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$117,957	$9,830/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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