563 Tara Hill Circle, Aurora

$599,000
563 Tara Hill Circle

$599,000

New
15d
Condo Townhouse2-Storey

563 Tara Hill Circle, Aurora

Total Monthly Obligation $3,465

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
15d
Score
19
Yield
5.9%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Condo Townhouse
MLS® Number-N13876506
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,189.92 (2025)
Maintenance-$583/mo
Locker-None
Parking-2 - Attached
Basement-Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXCEL REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Aurora Village
Title-Residential Condo & Other

No agent assigned

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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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,465/mo
Mortgage $2,416
Monthly Loss $2,829
Principal$636
Interest$1,780
Property Tax$266
Condo Fees$583
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.7%34
10-Year IRR
10.5%
Returns Index
17.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,280/yr
NOI
$19,166/yr
Net Cash Flow
-$819/mo
Cash Margin
-27.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
24.1/ 100

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

Comparables

Properties near 563 Tara Hill Circle

Time

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Data last updated within the past 24 hours.