52 Centre Street

As stated by the MLS®, nothing inferred.

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$649,000

Below recent sales

15390 Yonge Street, Unit PH 1

2 bed · 2 bath·1200-1399 sq ft·1 parking·$1,167/mo fee

Aurora · York Region

Listed 49 days ago · Century 21 Heritage Group Ltd.

Detached

$929,000

Below recent sales

9 Birch Court

4 bed · 2 bath·1500-2000 sq ft·5 parking

Aurora · York Region

Listed 5 days ago · Royal LePage Signature Realty

• Listing states: renovated

Condo Apartment

$540,800

Below recent sales

15450 Yonge Street, Unit 304

2 bed · 2 bath·700-799 sq ft·1 parking·$787/mo fee

Aurora · York Region

Listed 8 days ago · RE/MAX Realtron Realty Inc.

Condo Apartment

$489,000

Below recent sales

15450 Yonge Street, Unit 309

1+1 bed · 2 bath·700-799 sq ft·1 parking·$870/mo fee

Aurora · York Region

Listed 9 days ago · Real Estate Homeward

Condo Apartment

$338,000

Below recent sales

160 Wellington Street E, Unit 417

1 bed · 1 bath·600-699 sq ft·1 parking·$487/mo fee

Aurora · York Region

Listed 9 days ago · Keller Williams Realty Centres

Condo Apartment

$535,000

Below recent sales

85 Wellington Street W, Unit 306

1 bed · 1 bath·1000-1199 sq ft·1 parking·$730/mo fee

Aurora · York Region

Listed 4 days ago · Main Street Realty Ltd.

INVESTOR OPPORTUNITY IN CENTRAL AURORA!An excellent opportunity to acquire a well established income producing triplex in a desirable Aurora neighbourhood, conveniently located close to shops, restaurants, schools, parks, trails, transit and everyday amenities.The property features three spacious residential units, each approximately 1,305 sq. ft., offering 2 bedrooms, 2 bathrooms, two private entrances and one parking space.Current monthly rents are $2,112 for Unit 1, $2,610 for Unit 2 and $2,900 for Unit 3, generating $7,622 per month and $91,464 in annual gross rental income. Reported annual operating expenses are approximately $14,837.80, resulting in a reported NOI of approximately $76,626.20.Unit 3 is currently owner occupied, with the owner is prepared to remain as a tenant for at least one year at $2,900 per month. Adding to the property's future potential is the possibility of converting the three existing units into individually registered condominium units, creating an intriguing value add opportunity for a future owner. Preliminary discussions with the Town of Aurora have indicated that the concept may warrant further investigation. Any separation or condominium conversion would be subject to further due diligence, municipal and planning review, applicable approvals, legal requirements and building requirements.With strong existing rental income, three generously sized units and an interesting potential future repositioning opportunity, this property offers investors the chance to acquire a distinctive multi residential asset in an established Aurora location.