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:67038)
Listing brokerage: REMAX YOUR COMMUNITY REALTY
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