$1,599,900
Available - For Sale
Listing ID: N14166166
15191 Yonge Street , Aurora, L4G 1L8, York


Rare Investment Opportunity - Prime Yonge Street Location in the Heart of Aurora!Welcome to 15191 Yonge Street, an exceptional, fully leased mixed-use investment property offering an impressive CAP rate exceeding 6%! Ideally situated along prestigious Yonge Street in the heart of Downtown Aurora, this outstanding property features a prime main-floor commercial storefront and three residential apartments on the second floor, occupied by excellent tenants.Generating approximately $9,000 in monthly residential rental income, plus commercial rental income, this property offers strong cash flow and excellent investment potential. All hydro is separately metered, and the main-floor commercial tenant has invested substantial funds into extensive renovations and improvements.Located within the Aurora Promenade revitalization area, this property also offers exciting long-term redevelopment and appreciation potential as Downtown Aurora continues to evolve.An incredible opportunity to acquire a turnkey, income-producing property with excellent Yonge Street exposure, strong tenants, an attractive CAP rate exceeding 6%, and significant future upside. Ideal for investors looking for immediate returns and long-term growth. Don't miss this rare opportunity in one of Aurora's most desirable commercial corridors!
Price $1,599,900
Taxes: $10143.86
Tax Type: Annual
Occupancy: Vacant
District: N06
Address: 15191 Yonge Street , Aurora, L4G 1L8, York
Postal Code: L4G 1L8
Province/State: York
Legal Description: PT LT9 E/S YONGE ST PL 68 AURORA PTS 1,
Directions/Cross Streets: Yonge & Wellington
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Flat Kitchen 18.01 12.99 Backsplash, Window
Room 2 Flat Living Ro 11.51 18.6 B/I Shelves, Window
Room 3 Flat Bedroom 10.4 14.79 Closet, Window
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Apartment
Building Percentage: F
Total Area: 4000.00
Total Area Code:  Square Feet
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
Sewers: Sanitary
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Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REMAX YOUR COMMUNITY REALTY
Personal Picture
Sirous Mowlazadeh
B.Sc., M.S.,Ph.D./ Broker
Dir:
416-409-7575
Bus:
905-270-2000
Fax:
905-270-0047
 
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At a Glance:
Type: Com - Investment
Area: York
Municipality: Aurora
Neighbourhood: Aurora Village
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $10,143.86
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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