32
See all 32 photos
$1,549,000
Est. payment /mo
6 Beds
6 Baths
New
52 Centre ST Aurora, ON L4G 1J8
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Aurora Village
MLS Listing ID N13801838
Style 2-Storey
Bedrooms 6
Annual Tax Amount $7,897
Tax Year 2026
Property Sub-Type Triplex
Property Description
INVESTOR OPPORTUNITY IN CENTRAL AURORA!An excellent opportunity to acquire a well established income producing triplex in a desirable Aurora neighbourhood, conveniently located close to shops, restaurants, schools, parks, trails, transit and everyday amenities.The property features three spacious residential units, each approximately 1,305 sq. ft., offering 2 bedrooms, 2 bathrooms, two private entrances and one parking space.Current monthly rents are $2,112 for Unit 1, $2,610 for Unit 2 and $2,900 for Unit 3, generating $7,622 per month and $91,464 in annual gross rental income. Reported annual operating expenses are approximately $14,837.80, resulting in a reported NOI of approximately $76,626.20.Unit 3 is currently owner occupied, with the owner is prepared to remain as a tenant for at least one year at $2,900 per month. Adding to the property's future potential is the possibility of converting the three existing units into individually registered condominium units, creating an intriguing value add opportunity for a future owner. Preliminary discussions with the Town of Aurora have indicated that the concept may warrant further investigation. Any separation or condominium conversion would be subject to further due diligence, municipal and planning review, applicable approvals, legal requirements and building requirements.With strong existing rental income, three generously sized units and an interesting potential future repositioning opportunity, this property offers investors the chance to acquire a distinctive multi residential asset in an established Aurora location.
Location
Province ON
County York
Area York
Rooms
Family Room No
Basement Finished
Kitchen 3
Interior
Interior Features Accessory Apartment
Cooling Window Unit(s)
Fireplace No
Heat Source Electric
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 120.23
Lot Depth 95.61
Total Parking Spaces 3
Building
Foundation Poured Concrete
Others
ParcelsYN No
Virtual Tour https://properties.realtyphotohaus.ca/52-Centre-St-Aurora-ON-L4G-1J8-Canada?mls
Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.
GET MORE INFORMATION