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29 George Street Aurora (Aurora Village), Ontario L4G 2S1

4 Bedroom 2 Bathroom
Forced Air

$2,188,000

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)

Property Details

MLS® Number N8335382
Property Type Single Family
Community Name Aurora Village
ParkingSpaceTotal 6

Building

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

Land

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)

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.19 m x 3.51 m
Second Level Bedroom 3.58 m x 3.49 m
Second Level Bedroom 3.51 m x 3.34 m
Lower Level Other -3.0
Main Level Living Room 5.44 m x 3.91 m
Main Level Dining Room 4.05 m x 3.46 m
Main Level Kitchen 4.08 m x 3.45 m

Utilities

Cable Available
Sewer Installed

https://www.realtor.ca/real-estate/26889830/29-george-street-aurora-aurora-village-aurora-village

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Michael Ulitsky
Broker


Royal LePage Your Community Realty
8854 Yonge Street
Richmond Hill, Ontario L4C 0T4

Eugenio Sturino
Salesperson


Royal LePage Your Community Realty
9411 Jane Street
Vaughan, Ontario L6A 4J3

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