81 Wellington Street E Aurora, Ontario L4G 1H7
$1,400,000
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! (id:61015)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | N12097563 |
| Property Type | Multi-family |
| Community Name | Aurora Village |
| Parking Space Total | 6 |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2,080 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 216 Ft ,6 In |
| Size Frontage | 50 Ft ,6 In |
| Size Irregular | 50.5 X 216.5 Ft |
| Size Total Text | 50.5 X 216.5 Ft |
| Zoning Description | Pds4 - Promenade (p) Zone |
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May 09 2025 04:12:12
Toronto Regional Real Estate Board
Our Neighbourhood Realty Inc.