Aurora Condos
Townhouses make up the majority of the residual housing stock in Aurora, where condominium homes make up about 60 percent of all dwellings. The majority of the homes in this community have three, four, or more bedrooms. Homeowners inhabit about 85 percent of the town’s housing units, with the remaining 15 percent being rented. A huge portion of homeowners in Aurora represents the affordability of homes in the city.
In this town, about 30 percent of the properties were constructed after the year 2000, while the majority of the remaining structures were developed before 1960 and during the 1960s.
Number of listings and average price
Aurora homes have 10 current condos listings. There are three types of numbers listings in Aurora. These are active listings, new listings and sold listings. Condos have 18 new listings, 5 sold listings and 18 active listings. All of these numbers of listings vary with numbers of bedrooms. One bedroom condominiums have 4 new listings, 5 sold listings and 4 active listings. Two bedroom condominiums have 4 new listings and 7 sold listings. The condos with three bedrooms have 9 new listings and 7 active listings.
The average price for Aurora condos for sale in 2009 was $444K. According to recent Aurora MLS statistics, the average home cost is $1,341,675, and 122 new properties have been listed in the last 28 days. As of right now, according to Aurora housing statistics, a home spends 10 days on average on the market. Average prices vary with the construction styles. Average price of condos in Aurora are $574K while this price was $663K about three months ago. This is not a very significant rise. Similarly, townhomes have an average price of $975K and that of detached homes have an average price of $1.6M. This real estate data has indicated that condos are the most affordable construction styles.
Features and Amenities
Condos and co-ops tend to assist first-time homebuyers in climbing the first rung of the homeownership scale because they are typically more affordable. These buyers frequently acquire a bigger single-family home using the equity in their condo as a down payment.
One of the most crucial factors to take into account when purchasing an apartment is the amenities. These include, among other things, a visitor parking lot, a function area, a lap pool, and a gym.
Condos available within 550K
Different condos are for sale within the $550K range. A one bedroom and one bathroom condo of around 800 to 899 sq ft is available for sale at 180 JOHN WEST WAY, AURORA, CANADA. This amazing condominium is for $550,000. Another one bedroom and one bathroom condominium home of almost 700 to 799 sq ft is available for sale at 111 CIVIC SQUARE GATE, AURORA, CANADA. This wonderful condo is for $540,000.
Some more about Aurora
One of the best locations to live in the area, in the opinion of many locals, is the Aurora community in Ontario. Aurora, a city in York Region, is a component of the Greater Toronto Area. Workers from the neighboring city of Toronto, which is about 40 minutes away, live in Aurora.