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N8335382
$2,188,000

29 George St (Yonge Street & Wellington Street West)

Price: $2,188,000

Status: For Sale 

MLS®#: N8335382

$2,188,000
  • Tax: $6,064.94 (2023)
  • Community:Aurora Village
  • City:Aurora
  • Type:Residential
  • Style:Detached (1 1/2 Storey)
  • Beds:3+1
  • Bath:2
  • Basement:Part Fin (Sep Entrance)

Features:

  • ExteriorBrick
  • HeatingForced Air, Gas
  • Sewer/Water SystemsPublic, Sewers, Municipal

Listing Contracted With: ROYAL LEPAGE YOUR COMMUNITY REALTY

Description

25 & 29 George Street, Aurora - #25 Is 3 Storey Multi-Residential 8 Unit Apartment Building And #29 Is An Adjacent Residential Vacant Single Detached Dwelling With An Approx. Total Lot Size of 126 x 200 Feet (0.53 Acres). The Entire Site Is Proposed For A Zoning By-law Amendment to Permit A Development of 4 Storey Apartment Building With 26 Units in Addition to the Existing 8 Unit, 3 Storey Apartment Building on the Subject Lands, With a Total of 42 Parking Spaces And 34 Residential Units. The Proposed Development Will Consist Of 42,162 SF in Gross Floor Area. The Existing Apartment Building Has 7 - 2 Bedroom Units And 1 - 1 Bedroom Unit. All Units Are Renovated & Updated. Shared Laundry in Basement. All Tenants Are Month to Month Basis. Current Cap Rate Is About 5.1% - Potential to Increase Cap Rate to 7% Based On Average Current Market Rents In the Area. Tenants Pay Their Own Hydro And Landlord Pays For Gas And Water.


Highlights

Close Proximity To Aurora Go Train Station, Hwy 404, Yonge Street, Shops, Retail Plazas, Entertainment & All Public Amenities. The Two Properties 25 & 29 George Street Must Be Sold Together.

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SUZANNE GLOVER

Real Estate Professional

Main Street Realty Ltd.

Rooms

Room
Level
Dimensions MFt
Features
Living
Level: Main
Dimensions: 3.91m x 5.44m
Features: French Doors, Hardwood Floor
Dining
Level: Main
Dimensions: 3.46m x 4.05m
Features: W/O To Deck, Hardwood Floor
Kitchen
Level: Main
Dimensions: 3.45m x 4.08m
Features: O/Looks Garden
Prim Bdrm
Level: 2nd
Dimensions: 3.51m x 4.19m
Features: Hardwood Floor
Br
Level: 2nd
Dimensions: 3.49m x 3.58m
Features: Hardwood Floor
Br
Level: 2nd
Dimensions: 3.34m x 3.51m
Features: Hardwood Floor
Other
Level: Lower
Dimensions: --
Features: W/O To Yard

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Real Estate Websites by Web4Realty

https://web4realty.com/