52 Centre Street
Aurora, ON
- 6 bed
- 6 bath
- approx. 3500-5000 sqft
- Triplex
- 2 days on market
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $7,898
- Listed
- September 18, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Interior
- Accessory Apartment
- Lot Size
- 120.23 x 95.61 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Centre & Spruce
- Parcel Number
- 036380095
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- All appliances, electrical light fixtures and window coverings
Schools
Elementary
- ÉÉC Saint-Jean0.6 km
French Catholic · CS catholique MonAvenir · 145 students
Grade 3 reading: 96% met the provincial standard · Grade 6 math: 81% met the provincial standard
- Lester B Pearson Public School0.7 km
Public · York Region DSB · 560 students
Grade 6 math: 85% met the provincial standard
- Aurora Heights Public School0.8 km
Public · York Region DSB · 470 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- St Maximilian Kolbe High School0.9 km
Catholic · York CDSB · 1245 students
Grade 10 literacy: 87% met the provincial standard
- ACCESS Program1.2 km
Public · York Region DSB
- Aurora High School1.4 km
Public · York Region DSB · 1020 students
Grade 10 literacy: 93% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L4G
- Population
- 62,061
- Private dwellings
- 22,255
- Median age
- 42
- Average household size
- 2.9
- Median household income
- $119,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Aurora · last 12 months
- Median sold price
- $1,114,250
- Homes sold
- 666
- Median days on market
- 23
- Sale-to-list price
- 97.5%
Based on 666 recorded sales of residential freehold properties in Aurora over the last 12 months.
Listed by
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Walk Score
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Location
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Mortgage Calculator
$309,800
Estimated Monthly Payment
$7,610
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,610/mo (20% down, 5.5%)
Taxes: $658/mo · Insurance: $387/mo
Estimates only. Consult a financial advisor.
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