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71 Victoria St

9 Unit Apartment Building $2,004,784 USD ($222,754 USD/Unit) Aurora, ON L4G 1R3

Executive Summary

Situated in the heart of Aurora Village, 71 Victoria St presents an exceptional investment opportunity with its legal 8 Plex and 1 Bachelor suite, totaling 9 suites in total. Boasting an outstanding location, this property is just steps away from Yonge St. shopping, renowned restaurants, and cozy cafes, making it highly desirable for tenants. Additionally, its proximity to the Aurora Go Station ensures convenient commuting options for residents. Enjoy the benefits of a great neighborhood, stable tenancies, and a well-maintained property, complete with ample surface parking. Recent upgrades including a new roof in 2016 and new paving in 2015 further enhance its appeal. Directly across the street from the Aurora Cultural Centre and the upcoming Aurora Public Library Development, this property is strategically positioned for both immediate income and long-term appreciation. With separate hydro meters for 8 of the 9 suites and on-site coin laundry facilities, managing this investment property is both straightforward and lucrative. Don't miss out on this tremendous opportunity to invest in Aurora's thriving real estate market. Contact us today to learn more and schedule a viewing. (Listing ID: 34587191)

Property Facts

Price $2,004,784 USD
Price Per Unit $222,754 USD
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Building Size 6,000 SF
Average Occupancy 100%
No. Stories 3
Year Built 1988
Parking Ratio 2.5/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - 662
2+1 6 - 909
Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R5-SN
R5-SN
  • Listing ID: 31392207

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: 71 Victoria St, Aurora, ON L4G 1R3

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