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 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 dont want to miss!
Address
81 Wellington Street E
List Price
$1,400,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Aurora
Sub-Area
Aurora Village
County
York
Lot Size Source
MPAC
Lot Depth
216.5
Lot Type
Lot
Lot Size Units
Feet
Lot Width
50.5
MLS® Number
N12097563
Listing Brokerage
OUR NEIGHBOURHOOD REALTY INC.
Postal Code
L4G 1H7
Tax Amount
$5,974.00
Tax Year
2024
Heat Type
Gas Forced Air Open
Cooling Features
Partial
Garage Type
Outside/Surface
