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:39551)
Property Details
MLS® Number
|
N8335382 |
Property Type
|
Single Family |
Community Name
|
Aurora Village |
Parking Space Total
|
6 |
Building
Bathroom Total
|
2 |
Bedrooms Above Ground
|
3 |
Bedrooms Below Ground
|
1 |
Bedrooms Total
|
4 |
Basement Development
|
Partially Finished |
Basement Features
|
Separate Entrance |
Basement Type
|
N/a (partially Finished) |
Construction Style Attachment
|
Detached |
Exterior Finish
|
Brick |
Fireplace Present
|
No |
Flooring Type
|
Hardwood |
Foundation Type
|
Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Type
|
House |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
208 Ft ,5 In |
Size Frontage
|
62 Ft ,4 In |
Size Irregular
|
62.36 X 208.43 Ft |
Size Total Text
|
62.36 X 208.43 Ft |
Zoning Description
|
Ra1, (449) |
Rooms
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 |
Utilities
Cable
|
Available |
Sewer
|
Installed |
https://www.realtor.ca/real-estate/26889830/29-george-street-aurora-aurora-village-aurora-village