New Listing
$2,850,000 $15,299 est/mo Sourced by Back At You

25 George St,Aurora, ON L4G

Aurora ON, L4G

Share with a friend

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.

Details

MLS#N8335366
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Days On Site5
Listing Provided ByROYAL LEPAGE YOUR COMMUNITY REALTY | Not Provided

Features

BasementY
ZoningRA1, (151)
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

Request a showing

Request a showing

Loading Form
Listings Checked: 22 minutes ago
ProvinceON
CountyAurora
CityAurora
Postal CodeL4G
AreaYork
Community NameAurora Village
Listing VS Median (in Aurora Village)
Price:
$2,850,000
low | high
Med:
$0
On Site:
5
low | high
Med:
Sourced by Back At You
Listing Updated: May 16, 2024 at 11:37:36 PM PDT