| 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 |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
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| Book Showing | Email a Friend |
| Type: | Com - Investment |
| Area: | York |
| Municipality: | Aurora |
| Neighbourhood: | Aurora Village |
| Tax: | $10,143.86 |
| Fireplace: | N |