$1,288,888
Est. payment /mo
New
81 Wellington ST E York, ON L4G 1H7
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Aurora Village
MLS Listing ID N12490170
Annual Tax Amount $5,974
Tax Year 2024
Property Sub-Type Investment
Property Description
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!
Location
Province ON
County York
Community Aurora Village
Area York
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 50.5
Lot Depth 216.5
Others
ParcelsYN No
Listed by Royal LePage Our Neighbourhood Realty
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