52 Centre Street
Aurora Village
Aurora
L4G 1J8
$1,549,000
Residential Freehold
beds: 6
baths: 6.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- N13801838
- Bedrooms:
- 6
- Bathrooms:
- 6
- Photos (32)
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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.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Triplex
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 3500-5000
- Lot Depth:
- 95'7"29.1 m
- Lot Frontage:
- 120'2¾"36.6 m
- Direction Faces:
- North
- Bedrooms:
- 6
- Bathrooms:
- 6.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Bedrooms Above Grade:
- 6
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 9
- Heating type:
- Baseboard
- Heating Fuel:
- Electric
- Foundation:
- Poured Concrete
- Roof:
- Asphalt Shingle
- Basement:
- Finished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Private
- Parking Spaces:
- 3
- Total Parking Spaces:
- 3.0
- Family Room:
- No
- Possession Details:
- TBD
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $7,897.8 / 2026
- Assessment:
- $- / -
- York
- Aurora
- Aurora Village
- Accessory Apartment
- All appliances, electrical light fixtures and window coverings
- Brick
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Window Unit(s)
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.
Data was last updated September 19, 2026 at 04:15 AM (UTC)
- LISA HARTSINK
- COLDWELL BANKER ELEVATE REALTY
- 905-873-9944
- Contact by Email
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