A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 81 Wellington St, Aurora Ontario L4G 1H7
10 days on Market

81 Wellington St, Aurora, Ontario L4G 1H7

Townhouse
4
3
~2000-2500 sqft
$1,340,000
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Townhouse
4
3
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$603/sqft

Est. Mortgage$5,755/mo

Tax Amount (2024)$5,974/yr

Days On Market10 days


Description

Prime Investment Opportunity in the Heart of Aurora!Just a 2-minute walk to Aurora GO Station, this income-generating triplex sits on a massive 50.5 x 216.5 ft lot in one of Auroras most sought-after rental zones. The property features 4 bedrooms and 3 bathrooms, offering immediate cash flow while you pursue an exciting development opportunity.Zoned PDS4, this property allows for increased density, with concept drawings already in place to add 8 additional units in the spacious backyard. Located just minutes from Library Square, the Farmers Market, shops, and cafes, this is a commuters dream and a long-term investors goldmine.Already profitable with current rental income from the triplex, this property holds significant upside potential post-development. Whether you're looking to expand your portfolio or secure a high-demand rental in a growing area, this is a rare opportunity you don't want to miss!


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size10,933 SqFt(216.5 x 50.5)
Parking Spaces6
MLS ®NumberN12166280
Community NameNeighborhood of Aurora
Data SourceTRREB
Listing byOUR NEIGHBOURHOOD REALTY INC.

Features

Heating: Forced Air
Cooling: Other
Basement: Unfinished, Sep Entrance

Features

Lot size: 10,933 SqFt

Parking

Garage spaces 6

Garage type Other

Other parking spaces 0

Total parking spaces 6


Property listed by OUR NEIGHBOURHOOD REALTY INC., Brokerage

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Market Data - Neighborhood of Aurora

Geo Zone Map ThumbnailNeighborhood of Aurora

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

14 days

2023

9 days

2022

18 days

New Listings

Past 30 days

26 listings

Compared to

2024

28 listings

2023

23 listings

2022

31 listings

Units sold

Past 30 days

10 units

Compared to

2024

10 units

2023

15 units

2022

22 units

Median Sold Price

Past 30 days

$962,500

Compared to

2024

$1,100,000

2023

$1,155,000

2022

$1,065,000


Population and Demographics

Overview

Total population 61136
Average household income $175,345

Age (%)

0 to 19
24%
50 to 64
23%
35 to 49
21%
20 to 34
17%
65 and plus
15%

Household composition (%)

Single family
78%
Single person
19%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
66%
Mandarin
9%
Iranian Persian
6%
Yue (Cantonese)
5%
Others
3%
Russian
3%
Italian
2%
Spanish
1%

House tenancy (%)

Owners
81%
Renters
19%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget