81 Wellington Street E Aurora, Ontario L4G 1H7
$1,288,888
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! (id:60365)
Property Details
| MLS® Number | N12166280 |
| Property Type | Multi-family |
| Community Name | Aurora Village |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| BasementDevelopment | Unfinished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (unfinished) |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 216 Ft ,6 In |
| SizeFrontage | 50 Ft ,6 In |
| SizeIrregular | 50.5 X 216.5 Ft |
| SizeTotalText | 50.5 X 216.5 Ft |
| ZoningDescription | Pds4 - Promenade (p) Zone |
Tara Hussein
Salesperson
550 Bayview Ave Unit 401
Toronto, Ontario M4W 3X8
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July 10 2025 04:07:58
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