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81 Wellington Street E Aurora, Ontario L4G 1H7

4 Bedroom 3 Bathroom 2000 - 2500 sqft
Forced Air

$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:35544)

Property Details

MLS® Number N12166280
Property Type Multi-family
Community Name Aurora Village
ParkingSpaceTotal 6

Building

BathroomTotal 3
BedroomsAboveGround 4
BedroomsTotal 4
BasementDevelopment Unfinished
BasementFeatures Separate Entrance
BasementType N/a (unfinished)
ExteriorFinish Vinyl Siding
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
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
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