81 Wellington Street E Aurora, Ontario L4G 1H7
$1,340,000
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 don't want to miss! (id:53661)
Property Details
| MLS® Number | N12166280 |
| Property Type | Multi-family |
| Community Name | Aurora Village |
| Parking Space Total | 6 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| 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 |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 22 2025 06:48:21
Toronto Regional Real Estate Board
Our Neighbourhood Realty Inc.
