New Listing
1 - 15191 Yonge Street,Aurora (Aurora Village), ON L4G1L8
Aurora (Aurora Village), ON L4G1L8
Description
Rare Investment Opportunity - Prime Yonge Street Location in the Heart of Aurora!Welcome to 15191 Yonge Street, an exceptional, fully leased mixed-use investment property offering an impressive CAP rate exceeding 6%! Ideally situated along prestigious Yonge Street in the heart of Downtown Aurora, this outstanding property features a prime main-floor commercial storefront and three residential apartments on the second floor, occupied by excellent tenants.Generating approximately $9,000 in monthly residential rental income, plus commercial rental income, this property offers strong cash flow and excellent investment potential. All hydro is separately metered, and the main-floor commercial tenant has invested substantial funds into extensive renovations and improvements.Located within the Aurora Promenade revitalization area, this property also offers exciting long-term redevelopment and appreciation potential as Downtown Aurora continues to evolve.An incredible opportunity to acquire a turnkey, income-producing property with excellent Yonge Street exposure, strong tenants, an attractive CAP rate exceeding 6%, and significant future upside. Ideal for investors looking for immediate returns and long-term growth. Don't miss this rare opportunity in one of Aurora's most desirable commercial corridors! (id:13843)
Details
| MLS # | N14166166 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 3 |
| Listing Provided By | REMAX YOUR COMMUNITY REALTY | EUGENIO STURINO |
Features
| Bed(s) | 1 |
|---|---|
| SQ Feet | 4,000 |
| Zoning | C2- Central Commercial |
Interior
| Cooling | Partially air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 10143.86 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Aurora (Aurora Village) |
| Postal Code | L4G1L8 |
| Listing VS Median (in L4G1L8) | |
Price: $1,599,900 low | high Med: $1,298,000 sqft: 4,000 low | high Med: 3,316 $ / sqft: $400 low | high Med: $391 On site: 3 low | high Med: 226 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Aurora (Aurora Village) |
| Postal Code | L4G1L8 |
| Listing VS Median (in L4G1L8) | |
Price: $1,599,900 low | high Med: $1,298,000 sqft: 4,000 low | high Med: 3,316 $ / sqft: $400 low | high Med: $391 On site: 3 low | high Med: 226 | |
