Aurora is the 3rd fastest growing community that gives the peace of the smaller town but also offers its residents Urban facilities. As many new real estate developments are being built closer to the lifestyle amenities and recreational facilities it is known as 5th most expensive place out of 23 in Great Toronto Area. This situation creates a better investment opportunity for investors. The average cost of house in the aurora is $1.0M and the median price is $918K with total of 137 new listings and median 20 days on market. The average price of 2-bedroom detached house is $905K with only 1 active and sold listing. While the 2 bedroom one has price of $ 944K with 30 new listing and 8 sold listings having 9 days for sale on market. The 4-bedroom houses are more on demand in the past 28 days with 59 new listings and 24 sold ones. The average days on the market for house with 4 rooms are 16 days. The new pre- construction developmental projects for detached houses ready to move in 2020 and also starting recently are:
190 Kennedy, a new detached home development by Ballymore Homes is currently under construction. It is located at 190 Kennedy Street West, Aurora. It consists of 3 units in total with 2 two houses ready to move in. The available units price starts from $4,688,000.
Adena Views – Phase III is a new single-family home development by Lakeview Homes currently under construction at the intersection of Wellington Street East & Leslie Street, Aurora. The houses have 4-5 bedrooms with sizes range from 3350 to 5850 square feet.
Allegro is a single-family house development by Geranium. It is in preconstruction stage at 21 Golf Links Drive, Aurora. Allegro has a total of 13 units, each range in price from $2,200,000 to over $2,950,000.
Glen Ridge Estates is a new single-family home development by Fairgate Homes currently under construction at Yonge Street, Aurora. The development is scheduled for completion in 2020. Sales for available units range in price from $1,999,900 to $3,499,900.
Townhouses has a price range of about $600K to $875K. The price of 4-bedroom townhouse is $600K while that of 2-bedroom house in $875K. On market number of new and sold listings of 3 room house is greater than others. In total 34 townhouses are included in the new listings and 22 are sold. Average days on the market for town houses are 19. The new developmental projects for townhouses are various and registration is open.
Currently in preconstruction Leslie Towns on The Park at 15370 Leslie Street, Paradise at 497 Wellington Street East, Silhouette Towns at 15086 Yonge Street, The Enclave at Aurora Glen at Wellington Street East & Leslie Street, Aurora are now open for registration.
The price range for condominiums are $600K to $738K with the total new listings of 29 and median 30 days on market.
Polo Club Condos is a new condo development by Royal park Homes currently in preconstruction at 15286 Leslie Street, Aurora. Polo Club Condos has a total of 300 units.
The Meadows of Aurora is a new condo development project located at 400 William Graham Drive, Aurora is now under construction. The development is scheduled for completion in 2020. Sales for available units range in price from $569,200 to over $810,100. Sizes range from 1020 to 1450 square feet. 1 – 2 Bedrooms. Completion in winter 2020. Selling.
