Description
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 don't want to miss!
Location Description
Yonge St/Wellington St E
Property Details
- Community: Aurora Village
- Property Type: Tenant/Residential Freehold
- Bedrooms: 4
- Bath: 3
- Garages: Other
- Annual Property Taxes : $ 5974
Building Features
- Foundation Type: Stone
- Counstruction Material : Vinyl Siding
- Total Parking Space : 6
- Parking Type : Other
Features
- Heating : Forced AirGas
- Sewer : Sewer ,
Listing Contracted With: OUR NEIGHBOURHOOD REALTY INC.
