$1,340,000Asking Price
81 Wellington Street, Aurora, ON L4G 1H7
Aurora Village, Aurora
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!
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!
See MoreKey Info
- 2-Storey Triplex
- 4+ Parking
- Garage
- Yonge St/Wellington St E
- 2000-2500 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $5,974 in 2024
- Possession: TBD
Details
- Vinyl Siding Exterior
- No Fireplace
- 3 Kitchens
- MLS #N12166280
- OUR NEIGHBOURHOOD REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Aurora Village, Aurora is a north GTA neighbourhood notable for its singles, renters and tradespeople. Residents tend to be older with a significant number of adults aged 30 to 34, 30 to 34 and 30 to 34 and seniors aged 65 to 74.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
48%
of residents are
single and loving it.
48% singles
Aurora (39%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
40%
of residents
are renters.
40% renters
Aurora (17%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
40%
of residents are
university grads.
40% university grads
Aurora (46%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$140K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 12% |
| Management | 10% |
| Trades | 8% |
| Government | 7% |
Immigrants
24%
of residents were
born outside of Canada.
24% immigrants
Aurora (32%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
3.4% from UK
All-time
Birthplace - Recent
1.6% from Philippines
Recent
Foreign Languages
Foreign Languages
| Persian | 2% |
| Russian | 2% |
| Mandarin | 2% |
| French | 1% |
| Tagalog | 1% |
Religions
Religions
| Christian | 66% |
| Jewish | 3% |
| Buddhist | 2% |
| Muslim | 1% |
