240 Elyse Court, Aurora

$1,188,000
240 Elyse Court

$1,188,000

New
52d
Att/Row/Townhouse2-Storey

240 Elyse Court, Aurora

Total Monthly Obligation $5,697

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
52d
Score
15
Yield
3.5%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Att/Row/Townhouse
MLS® Number-N13730926
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-19.69 × 103.54 ft
Listed on site-Sep 1, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$6,353.64 (2026)
Parking-3 - Built-In
Basement-Walk-Out
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/BAYVIEW REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Other
Sewer-Sewer
Possession-30-60 days/TBD
Neighbourhood-Bayview Northeast
Title-Residential Freehold

No agent assigned

Exquisite luxury living in this exceptional 2,200+ sq. ft. Upgraded townhome, ideally situated on a premium ***RAVINE*** lot within a quiet and highly desirable enclave offers elegance, privacy, and everyday functionality. It featurs a grand double-door entry, Long driveway with no sidewalk, parking for two vehicles on the private driveway, and convenient direct access from the garage.Backing onto lush greenery, this residence offers unobstructed ravine, pond and trails view, a peaceful natural setting, and direct walkout access to scenic walking trails just steps from your door. The main level showcases soaring **10 FT** smooth ceilings thru-out, elegant pot lighting, rich oak staircases, and a bright open-concept layout, Gourmet Kitchen with Quartz C-Top, Ss Appliances & Cabinet Lighting, Breakfast area over view Ravine and Pond with w/o to deck. The upper level impresses with **9FT** ceilings, Primary Bed W/ Oasis bath and free stand Tub, spacious bedrooms, and a thoughtfully positioned second-floor laundry room for added convenience. The remarkable third floor offers a versatile loft-style retreat, perfect as a private primary suite sanctuary, executive office, family lounge, or guest retreat, complete with a full 3-piece bathroom and direct access to a spectacular rooftop terrace-style scenic patio and Balcony. This private outdoor space provides the perfect setting to relax while enjoying breathtaking panoramic ravine views. **THE WALK OUT BASEMENT** further enhances the home's versatility, offering endless possibilities for extended family living, a private guest retreat, a recreation area, home gym, or future income potential, with the added convenience of possible **SEPARATE ENTRANCE** through the garage. Ideally located MINUTES from amenities, including shopping, dining, recreation complexes, community centres, Highway 404, and GO Transit.

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%
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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$950,400
Land Transfer Taxes$20,235
Legal Fees (Est.)
$
Total cash required for closing$259,335

Total Monthly Obligation

$5,697/mo
Mortgage $4,792
Monthly Loss $4,436
Principal$1,261
Interest$3,531
Property Tax$529
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.1%14
10-Year IRR
7.5%
Returns Index
8.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,568/yr
NOI
$26,558/yr
Net Cash Flow
-$2,579/mo
Cash Margin
-74.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 240 Elyse Court

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