29 George St
Aurora Village, Aurora, L4G 2S1
FOR SALE
$2,188,000
Expired
$0
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3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6 + 1
ROOMSN8335382
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-14 | 2024-10-31 | 170 | $2,188,000 | - | Expired |
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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, 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
Street
Community
City
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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