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$1,400,000
Est. payment /mo
2,080 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $673
Subdivision Aurora Village
MLS Listing ID N12097563
Annual Tax Amount $5,974
Tax Year 2024
Property Sub-Type Investment
Lot Depth 216.5
Lot Front 50.5
Property 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 dont want to miss!
Location
Province ON
County York
Community Aurora Village
Area York
Zoning PDS4 - Promenade (P) Zone
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 50.5
Lot Depth 216.5
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Listed by OUR NEIGHBOURHOOD REALTY INC.