| Prime Investment Opportunity in the Heart of Aurora!Just a 2-minute walk to Aurora GO Station, this income-generating triplex sits on a massive 50.5 x 216.5 ft lot in one of Auroras most sought-after rental zones. The property features 4 bedrooms and 3 bathrooms, offering immediate cash flow while you pursue an exciting development opportunity. Zoned PDS4, this property allows for increased density, with concept drawings already in place to add 6-8 additional units in the spacious backyard. Located just minutes from Library Square, the Farmers Market, shops, and cafes, this is a commuters dream and a long-term investors goldmine.Already profitable with current rental income from the triplex, this property holds significant upside potential post-development. Whether you're looking to expand your portfolio or secure a high-demand rental in a growing area, this is a rare opportunity you don't want to miss! |
| Price | $1,288,888 |
| Taxes: | $5974.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 81 Wellington Street East , Aurora, L4G 1H7, York |
| Postal Code: | L4G 1H7 |
| Province/State: | York |
| Legal Description: | LT 10 S/S WELLINGTON ST PL 68 ; TOWN OF |
| Directions/Cross Streets: | Yonge St/Wellington St E |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2080.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Royal LePage Our Neighbourhood Realty |
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| Book Showing | Email a Friend |
| Type: | Com - Investment |
| Area: | York |
| Municipality: | Aurora |
| Neighbourhood: | Aurora Village |
| Tax: | $5,974 |
| Fireplace: | N |