29 George St
Aurora Village, Aurora, L4G 2S1
For Sale
23.35 BTC
➧
➧
3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6 + 1
ROOMSN8335382
MLSIDContact Us
Property Description
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.
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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.
Nearby Intersections
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Property Details
Property Type
Detached, 1 1/2 Storey
Lot Size
62' x 208'
Fronting
East
Taxes
$6,065 (2023)
Basement
Part Fin, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.83' x 17.85' | French Doors, Hardwood Floor |
| Dining | Main | 11.35' x 13.29' | W/O To Deck, Hardwood Floor |
| Kitchen | Main | 11.32' x 13.39' | O/Looks Garden |
| Prim Bdrm | 2nd | 11.52' x 13.75' | Hardwood Floor |
| Br | 2nd | 11.45' x 11.75' | Hardwood Floor |
| Br | 2nd | 10.96' x 11.52' | Hardwood Floor |
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Listing contracted with Royal Lepage Your Community Realty
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