2080 sqft
Partially Air Conditioned
Forced Air
$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 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! (id:60365)
Business
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BusinessType
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Residential |
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BusinessSubType
|
Apartments |
Property Details
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MLS® Number
|
N12490170 |
|
Property Type
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Multi-family |
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Community Name
|
Aurora Village |
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ParkingSpaceTotal
|
6 |
Building
|
CoolingType
|
Partially Air Conditioned |
|
HeatingFuel
|
Natural Gas |
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HeatingType
|
Forced Air |
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SizeInterior
|
2080 Sqft |
|
Type
|
Multi-family |
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UtilityWater
|
Municipal Water |
Land
|
Acreage
|
No |
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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 |
https://www.realtor.ca/real-estate/29047405/81-wellington-street-e-aurora-aurora-village-aurora-village