For Sale: 52 Centre Street, Aurora, ON - REW
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$1,549,000
6 bd • 6 ba • 3500 - 5000 sf • Triplex
52 Centre Street
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$1,549,000
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52 Centre StreetAurora, ON, L4G 1J8

Aurora Village
  • 6 Bed
  • 6 Bath
  • 3500 - 5000 Sqft
  • Triplex

About this home

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.
Listed by: Mike Russo, Salesperson, RE/MAX HALLMARK YORK GROUP REALTY LTD.

Home facts and features

Price details
List Price
$1,549,000
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Gross Taxes for 2026
$7,898
Home facts
Bedrooms
6
Full Bathrooms
6
Parking Spaces
3
Parking Details
Private
Property Type
Triplex
Lot Size
120 ft x 95 ft (11495 ft²)
Depth
95.61
Frontage
120.23
Exterior Finish
Brick
Heating Type
Baseboard, Electric
Cooling
Window Unit(s)
Basement Details
Finished
Community
Agent details
Primary Agent
Mike Russo
Primary Broker
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Listing details
Days on REW
1 Day
MLS® Number
N13801838
Source
Toronto Real Estate Board
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25 Years
Interest Rate
3.99%

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Property Insights

ÉÉC Saint-Jean
  • Catholic
  • JK - 6
Lester B Pearson Public School
  • Public
  • 1 - 8
Aurora Heights Public School
  • Public
  • JK - 8
Aurora Preparatory Academy
  • Private
  • K - 8
Académie de la Moraine
  • Public
  • JK - 6
St Maximilian Kolbe High School
  • Catholic
  • 9 - 12
Wellington Public School
  • Public
  • JK - 8
St Andrew's College
  • Private
  • 5 - 12
Dr G W Williams School
  • Public
  • 9 - 12
Devins Drive Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Mike Russo
Phone:
905-251-7813
Office:
905-727-1941
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