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52 Centre Street in Aurora for sale

Asking price
$1,549,000
Estimate (Sep 18)
$1,456,041
MLS #:
N13801838
Type:
Triplex, 2-Storey
Approx. SQFT:
3500-5000
Basement:
Finished
6 6
120.23 x 95.61 ft lot
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.

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  • Date Listed: Friday, September 18, 2026
  • Listing Brokerage: Re/Max Hallmark York Group Realty Ltd. - Disclaimer: The information contained in this listing has not been verified by Re/Max Hallmark York Group Realty Ltd. and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 52 Centre Street
  • City: Aurora

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  • Neighbourhood: Aurora Village
  • Major Intersection: Centre & Spruce
  • Full Address: 52 Centre Street, Aurora, L4G 1J8, Canada, ON, Canada
  • Amenities:
  • Taxes: $7,897.80 (2026)

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