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$ 1,288,888
Est. payment /mo
Price Dropped by $51K
81 Wellington ST E Aurora, ON L4G 1H7
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Aurora Village
MLS Listing ID N12166280
Style 2-Storey
Bedrooms 4
Annual Tax Amount $5,974
Tax Year 2024
Property Sub-Type Triplex
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 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
State ON
County York
Community Aurora Village
Area York
Rooms
Family Room No
Basement Unfinished, Separate Entrance
Kitchen 3
Interior
Interior Features None
Cooling Other
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 6.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.5
Lot Depth 216.5
Total Parking Spaces 6
Building
Foundation Stone
Listed by OUR NEIGHBOURHOOD REALTY INC.