1 - 15191 Yonge Street Aurora, Ontario L4G 1L8
$1,599,900
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! (id:67892)
Property Details
| MLS® Number | N14166166 |
| Property Type | Multi-family |
| Community Name | Aurora Village |
Building
| Bedrooms Total | 1 |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4,000 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Frontage | 20 Ft ,4 In |
| Size Irregular | 20.39 Ft |
| Size Total Text | 20.39 Ft |
| Zoning Description | C2- Central Commercial |
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November 10 2026 03:32:29
Toronto Regional Real Estate Board