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. **** EXTRAS **** 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. (id:58043)
MLS® Number | N8335382 |
Property Type | Single Family |
Community Name | Aurora Village |
ParkingSpaceTotal | 6 |
BathroomTotal | 2 |
BedroomsAboveGround | 3 |
BedroomsBelowGround | 1 |
BedroomsTotal | 4 |
BasementDevelopment | Partially Finished |
BasementFeatures | Separate Entrance |
BasementType | N/a (partially Finished) |
ConstructionStyleAttachment | Detached |
ExteriorFinish | Brick |
FlooringType | Hardwood |
FoundationType | Concrete |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
Type | House |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 208 Ft ,5 In |
SizeFrontage | 62 Ft ,4 In |
SizeIrregular | 62.36 X 208.43 Ft |
SizeTotalText | 62.36 X 208.43 Ft |
ZoningDescription | Ra1, (449) |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Primary Bedroom | 4.19 m | 3.51 m | 4.19 m x 3.51 m |
Second Level | Bedroom | 3.58 m | 3.49 m | 3.58 m x 3.49 m |
Second Level | Bedroom | 3.51 m | 3.34 m | 3.51 m x 3.34 m |
Lower Level | Other | -3.0 | ||
Main Level | Living Room | 5.44 m | 3.91 m | 5.44 m x 3.91 m |
Main Level | Dining Room | 4.05 m | 3.46 m | 4.05 m x 3.46 m |
Main Level | Kitchen | 4.08 m | 3.45 m | 4.08 m x 3.45 m |
Cable | Available |
Sewer | Installed |
https://www.realtor.ca/real-estate/26889830/29-george-street-aurora-aurora-village-aurora-village
Contact us for more information
Michael Ulitsky
Broker
Eugenio Sturino
Salesperson