52 Centre ST, Aurora, ON L4G 1J8
52 Centre ST, Aurora, ON L4G 1J8
52 Centre ST, Aurora, ON L4G 1J8
52 Centre ST, Aurora, ON L4G 1J8
52 Centre ST, Aurora, ON L4G 1J8
52 Centre ST, Aurora, ON L4G 1J8
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Ruth Ballantyne

Ruth Ballantyne

+1(416) 779-8732
$ 1,549,000
Est. payment | /mo

6 Beds

6 Baths

Save Virtual Tour
$ 1,549,000
Est. payment | /mo
Save Virtual Tour

6 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Aurora Village

MLS Listing ID N13801838

Style 2-Storey

Bedrooms 6

Annual Tax Amount $7,897

Tax Year 2026

Property Sub-Type Triplex

Property Description

INVESTOR OPPORTUNITY IN CENTRAL AURORA!An excellent opportunity to acquire a well established income producing triplex in a desirable Aurora neighbourhood, conveniently located close to shops, restaurants, schools, parks, trails, transit and everyday amenities.The property features three spacious residential units, each approximately 1,305 sq. ft., offering 2 bedrooms, 2 bathrooms, two private entrances and one parking space.Current monthly rents are $2,112 for Unit 1, $2,610 for Unit 2 and $2,900 for Unit 3, generating $7,622 per month and $91,464 in annual gross rental income. Reported annual operating expenses are approximately $14,837.80, resulting in a reported NOI of approximately $76,626.20.Unit 3 is currently owner occupied, with the owner is prepared to remain as a tenant for at least one year at $2,900 per month. Adding to the property's future potential is the possibility of converting the three existing units into individually registered condominium units, creating an intriguing value add opportunity for a future owner. Preliminary discussions with the Town of Aurora have indicated that the concept may warrant further investigation. Any separation or condominium conversion would be subject to further due diligence, municipal and planning review, applicable approvals, legal requirements and building requirements.With strong existing rental income, three generously sized units and an interesting potential future repositioning opportunity, this property offers investors the chance to acquire a distinctive multi residential asset in an established Aurora location.

Location

State ON

County York

Area York

Rooms

Family Room No

Basement Finished

Kitchen 3

Interior

Interior Features Accessory Apartment

Cooling Window Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 120.23

Lot Depth 95.61

Total Parking Spaces 3

Building

Foundation Poured Concrete

Others

ParcelsYN No

Virtual Tour https://properties.realtyphotohaus.ca/52-Centre-St-Aurora-ON-L4G-1J8-Canada?mls

Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

Nearby Locations

Ruth Ballantyne

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 779-8732

ruth@ruthballantyne.com

30 Pleasant Valley Pl, Brampton, ON L6S 5S2, CAN

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from ReMax Realty Services Inc. Brokerage, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

52 Centre ST