$1,340,000
$60,00081 Wellington Street, Aurora, ON L4G 1H7
Aurora Village, Aurora,
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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!
- HoldoverDays: 120
- Property Type: Commercial
- Property Sub Type: Investment
- GarageType: Outside/Surface
- Directions: Yonge St/Wellington St E
- Tax Year: 2024
- ParkingSpaces: 6
- Cooling: Partial
- HeatType: Gas Forced Air Open
- Building Area Total: 2080
- Building Area Units: Square Feet
- Parcel Number: 036500009
- LotSizeUnits: Feet
- LotDepth: 216.5
- LotWidth: 50.5
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