34 & 38 Wellington Street East, Aurora | Image 1

34 & 38 Wellington Street East

Aurora, Aurora Village

  • Commercial

$6,900,000
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: PDS1 (Promenade

  • Age: No Data

  • Taxes: 44739.32

  • MLS®#: N8142600

  • Days on Site: 21 Days

  • Added: Mar 14, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: KELLER WILLIAMS REALTY CENTRES

0.455 Acre site combined across 3 addresses (34 & 38 Wellington St E, and 33 Centre St). *Projected NOI across the site of $296,410.00. 10,000 sqft of leased retail across 10 commercial and 2 residential units (38 Wellington). 4 leased apartment units (34 Wellington & 33 Centre). Site is zoned PDS1(Promenade Downtown Shoulder). Site recently designated in full within the Aurora Promenade Downtown Shoulder (official plan). Excellent cash flow and redevelopment opportunity. Approx 450m to Aurora GO. 34 Wellington Part IV Heritage Designation. 38 Wellington Part IV and Part 5 (NE Old Aurora HCD) Heritage Designation.

Extras

Full legal description see attached Schedule A

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Aurora

  • Community: Aurora Village

  • Availability Date: 30-60 days TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Elevator: Public

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Underground

Fees

  • Tax Year: 2023

  • Taxes: $44,739

  • Taxes Type: Annual

Land

  • Cross Street: Yonge St/ Wellington

  • Municipality District: Aurora

  • Sewer: Sanitary

  • Lot Depth: 183.24 Feet

  • Lot Frontage: 118.28 Feet

  • Zoning: PDS1 (Promenade

Additional Media

  • Virtual Tour: https://listings.wylieford.com/sites/dzppmlm/unbranded

Commercial Specific

  • Rail: N

  • Retail Area: 10000

  • Retail Area Metric: Sq Ft

  • Sprinklers: Part

  • Total Area: 0.46

  • Total Area Metric: Acres

  • Days Open: V

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: N

  • LLBO: N

Map of 34 & 38 Wellington Street East, Aurora
JK-6

ÉÉC Saint-Jean

Elementary: Catholic
0.72 km
JK-8

Our Lady of Grace Catholic Elementary School

Elementary: Catholic
1.35 km
JK-8

Devins Drive Public School

Elementary: Public
1.31 km
JK-8

Aurora Heights Public School

Elementary: Public
0.80 km
JK-8

Wellington Public School

Elementary: Public
0.93 km
1-8

Lester B Pearson Public School

Elementary: Public
0.75 km
9-12

ÉSC Renaissance

Secondary: Catholic
4.88 km
9-12

Dr G W Williams Secondary School

Secondary: Public
1.10 km
9-12

Aurora High School

Secondary: Public
1.33 km
9-12

Sir William Mulock Secondary School

Secondary: Public
3.73 km
9-12

Cardinal Carter Catholic Secondary School

Secondary: Catholic
4.30 km
Pre-Grade 9-12

St Maximilian Kolbe High School

Secondary: Catholic
0.99 km
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