2,080 ft2
Partially Air Conditioned
Other
$1,400,000
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! (id:61594)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
N12097563 |
|
Property Type
|
Multi-family |
|
Community Name
|
Aurora Village |
|
Parking Space Total
|
6 |
Building
|
Cooling Type
|
Partially Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Other |
|
Size Interior
|
2,080 Ft2 |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
216 Ft ,6 In |
|
Size Frontage
|
50 Ft ,6 In |
|
Size Irregular
|
50.5 X 216.5 Ft |
|
Size Total Text
|
50.5 X 216.5 Ft |
|
Zoning Description
|
Pds4 - Promenade (p) Zone |
https://www.realtor.ca/real-estate/28200916/81-wellington-street-e-aurora-aurora-village-aurora-village
