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81 Wellington Street E Aurora, Ontario L4G 1H7

2080 sqft
Partially Air Conditioned Other

$1,088,888

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:61852)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number N12274911
Property Type Multi-family
Community Name Aurora Village
ParkingSpaceTotal 6

Building

CoolingType Partially Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 2080 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
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/28584749/81-wellington-street-e-aurora-aurora-village-aurora-village

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Tara Hussein
Salesperson


Royal LePage Our Neighbourhood Realty
550 Bayview Ave Unit 401
Toronto, Ontario M4W 3X8

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