New ListingRare 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!
| MLS # | N14166166 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 5 |
| Listing Provided By | REMAX YOUR COMMUNITY REALTY | N14166166 087013 |
| Bed(s) | 1 |
|---|---|
| SQ Feet | 4,000 |
| Acreage | 0.09 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Partial |
| Heat Source | Gas |
| Rooms Total | 3 |
| Utilities | Yes |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 10143.86 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT9 E/S YONGE ST PL 68 AURORA PTS 1,3 65R12682; T/W AS IN R407088; T/W AN EASEMENT ORR PTS2 & 3 65R8034 AS IN R369030; AURORA |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | York |
| City | Aurora |
| Postal Code | L4G 1L8 |
| Area | Aurora Village |
| Listing VS Median (in L4G 1L8) | |
Price: $1,599,900 low | high Med: $1,448,950 sqft: 4,000 low | high Med: 3,658 $ / sqft: $400 low | high Med: $396 On site: 5 low | high Med: 116.5 | |
| Province | ON |
|---|---|
| County | York |
| City | Aurora |
| Postal Code | L4G 1L8 |
| Area | Aurora Village |
| Listing VS Median (in L4G 1L8) | |
Price: $1,599,900 low | high Med: $1,448,950 sqft: 4,000 low | high Med: 3,658 $ / sqft: $400 low | high Med: $396 On site: 5 low | high Med: 116.5 | |
![]() | $1,298,00015229 Yonge StreetAurora, ON L4G 1L8 |