$1,599,900 Sale

Listed 14 hours ago

1 - 15191 YONGE STREET

MLS® n14166166 Multi Family

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Beds · 1

Baths · 0.0

Parking · 0

Sqft · 4000

Est. mortgage

$6,070/mo

Key Facts

Key facts for 1 - 15191 YONGE STREET

Property Type

Apartment

Parking

Garage: No, 0 parking

MLS #

N14166166

Size

4000 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

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, th...is 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:10452)

Full Property Details

Interior

Bedrooms

Washrooms

0.0

Square Footage

4000 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Partially air conditioned

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

0.0

Square Footage

4000 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Partially air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

20.39 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

C2- Central Commercial

Acreage

20.39 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

C2- Central Commercial

Building Description

Home Type

Apartment

Subtype

Multi Family

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

Aurora Village

Area Code

Aurora (Aurora Village)

Community

Aurora Village

Area Code

Aurora (Aurora Village)

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Marek Kloda

Email: [email protected] Cell: 416-420-0240