81 Wellington ST E new

York,ON L4G 1H7

$ 1288888

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Aurora Village

MLS Listing ID N12490170

Annual Tax Amount $5,974

Tax Year 2024

Property Sub-Type Investment

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 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!

Location

Province ON

County York

Community Aurora Village

Area York

Interior

Cooling Partial

Exterior

Utilities Available Available

Lot Frontage 50.5

Lot Depth 216.5

Others

ParcelsYN No

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