25-29 George Street in Aurora for sale

Asking Price
MLS #:
Vacant Land
126.00 x 200.00 ft lot

Listed by Royal Lepage Your Community Realty.

25-29 George Street is a Vacant Land and is currently for Sale @ $5,038,000. Taxes in 2023 were $15,286.88.

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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. The home on 25-29 George Street has 0 bedrooms, 0 bathrooms, and is located on a 200.00 x 126.00 ft loton .50-1.99 acres in the community of Aurora Village . 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.

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.

The address 25-29 George Street was listed for sale (MLS# N8335396) on Tuesday, May 14, 2024.


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  • Date Listed: Tuesday, May 14, 2024
  • Listing Brokerage: Royal Lepage Your Community Realty - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Your Community Realty and should be verified by the buyer.
  • City: Aurora

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  • Neighborhood: Aurora Village
  • Major Intersection: Yonge Street & Wellington Street West
  • Full Address: 25-29 George Street, Aurora, L4G 2S1, ON, Canada
  • Amenities:
  • Taxes: $15,286.88 (2023)


Click here to get an instant estimate and track its value over time.