See all 2 photos
$1,599,900
Est. payment /mo
4,000 SqFt
New
15191 Yonge ST #1 Aurora, ON L4G 1L8
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $399
Subdivision Aurora Village
MLS Listing ID N14166166
Annual Tax Amount $10,143
Tax Year 2026
Property Sub-Type Investment
Property Description
Rare Investment Opportunity - Prime Yonge Street Location in the Heart of Aurora!Welcome to 15191 Yonge Street, an exceptional, fully leased mixed-use investment property offering an impressive CAP rate exceeding 6%! Ideally situated along prestigious Yonge Street in the heart of Downtown Aurora, this outstanding property features a prime main-floor commercial storefront and three residential apartments on the second floor, occupied by excellent tenants.Generating approximately $9,000 in monthly residential rental income, plus commercial rental income, this property offers strong cash flow and excellent investment potential. All hydro is separately metered, and the main-floor commercial tenant has invested substantial funds into extensive renovations and improvements.Located within the Aurora Promenade revitalization area, this property also offers exciting long-term redevelopment and appreciation potential as Downtown Aurora continues to evolve.An incredible opportunity to acquire a turnkey, income-producing property with excellent Yonge Street exposure, strong tenants, an attractive CAP rate exceeding 6%, and significant future upside. Ideal for investors looking for immediate returns and long-term growth. Don't miss this rare opportunity in one of Aurora's most desirable commercial corridors!
Location
Province ON
County York
Area York
Rooms
Kitchen 1
Interior
Heating Yes
Cooling Partial
Heat Source Gas
Exterior
Utilities Available Yes
Lot Frontage 20.39
Others
ParcelsYN No
Listed by REMAX YOUR COMMUNITY REALTY
NEARBY SCHOOL & BUSINESS
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