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New7 days ago

305 - 64 Wells Street

Aurora Village, Aurora

$825,000

Condo Apartment |
2 | 1 | 1 | 1
About this home

Welcome to the Wells Street Schoolhouse Lofts. A rare opportunity to own a piece of Aurora's history in this beautifully converted schoolhouse, right in the heart of Historic Aurora Village. Full of character and charm, this freshly painted, like-new 2-bedroom, 1 bath, loft offers a unique blend of historic architecture and modern living. Enjoy soaring 13-ft ceilings, oversized schoolhouse windows, beautiful eastern exposure and an open sunroom overlooking the treetops. The open-concept layout feels bright and inviting, with engineered hardwood floors, a Scavolini kitchen, quartz countertops and a breakfast bar perfect for everyday living or entertaining. With 872 sq. ft. of interior space with a 44 sq. ft. terrace, there's room to spread out and enjoy the best of loft living. An ideal fit for first-time buyers, down-sizers or busy professionals looking for something a little different. One parking space with an EV charger and a storage locker are included. Residents also enjoy a fitness room and a meeting/social room. Step outside and experience all that Aurora Village has to offer, from the Farmers' Market and Town Park to Library Square, local restaurants, shops and community events. Walk to the Aurora GO Station for an easy commute, with convenient access to Highways 400 and 404. Opportunities in this sought-after, low-turnover building are few and far between.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleLoft
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$829
LockerOwned
BalconyOpen
ExposureEast
Parking TypeCarport
Parking Spaces1
Parking FeaturesCovered
Property Tax$4,029
mls© NumberN13881230
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Building Insurance Included
Water Included
Common Elements Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,223
Property tax
$336
Heat allowance
$150
Condo fees, half counted
$415
Housing costs
$5,123 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $165,000
25-yr amortization

Income needed

$158,000

gross annual household income

Payment at 4%
$3,472 / mo
Cash down
$165,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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