ADDRESS
Call: 416-800-1055
PROPERTY TYPE
1 1/2 Storey, Detached House
6 + 1 Rooms Total, 1 Kitchen
6 Parking Spaces
LOT SIZE
62.36 x 208.43
PROPERTY FEATURES
Part Fin, Sep Entrance Basement
Brick Exterior
Book Showing
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SALES HISTORY
09/07/2024
FOR SALE
$2,188,000
SOLD COMPARABLES
Request All 27 Sold Comparables
PROPERTY TAXES
Call 416-800-1055
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.
EXTRAS
Close Proximity To Aurora Go Train Station, Highway 404, Yonge Street, Shops, Retail Plazas, Entertainment & All Public Amenities. The Two Properties 25 & 29 George Street Must Be Sold Together.
LEGAL DESCRIPTION
Pt Lt 27 Pl 246, Part 1, Plan 65R37844 Town Of Aurora
Call: 416-800-1055
LIVING ROOM
Main Level, 5.44m x 3.91m
French Doors, Hardwood Floor
DINING ROOM
Main Level, 4.05m x 3.46m
W/O To Deck, Hardwood Floor
KITCHEN
Main Level, 4.08m x 3.45m
O/Looks Garden
PRIM BDRM
2nd Level, 4.19m x 3.51m
Hardwood Floor
BEDROOM
2nd Level, 3.58m x 3.49m
Hardwood Floor
BEDROOM
2nd Level, 3.51m x 3.34m
Hardwood Floor
OTHER
Lower Level
W/O To Yard
Book Showing
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