Who’s looking for a profitable property?
This property is a freehold row of 3 fully separated townhouses in Aurora Village (and 2 of them are end units). If severed, each property is estimated to be worth $750-800K. An investor willing to work with the city and fully sever these lots is looking at an INCREDIBLE $750K+ combined spread!!!
Located in the heart of Aurora, your closest comps are condo townhouses, which are currently selling in the high $600Ks. A little further from downtown, you’ll find freehold comps selling in the $800Ks! No freehold townhouse of ANY condition has sold under $700K.
The properties are ready to go! They’re all in decent condition, all have 2 beds, 2 full baths, a finished 8 ft high basement, separate entrances, and private laundry. On top of everything else, there is an extra 35’ x 95’ side lot that’s currently being used for parking creating possible future upside.
How can you profit?
1) Sever and Flip – This is the real money maker! Sever the townhouses into their own parcels then resell. In this area ARV condo townhouses are selling in the high $600Ks and ARV freehold townhouses are selling in the $800Ks. No Freehold townhouse of ANY condition has sold in Aurora for under $700K in YEARS. With an estimated resale of $750K / townhouse you’re looking at a spread of $750K!
2) Buy & Hold – Keep the current tenants and earn $7,600/month in total rent from 3 separate townhouse units ($2,900/month, $2,600/month, and $2,100/month). Or evict and raise to market rents of ~$3K/unit. The townhouses are already in good condition, with finished basements, separate entrances, and individual laundry, so minimal work is required.
3) House Hack / Family Buy-In – At less than $500K per townhouse, this creates a rare path for multiple buyers, family members, or friends to own freehold space in Aurora Village. Each unit has 2 beds, 2 baths, an 8 ft high finished basement, and its own laundry!
4) Realtors: Bring Your Investor Clients – This is a rare income-producing package with 3 distinct townhouse units. Short-term severance play, long-term rental property, or the ultimate opportunity for multi-family co-habitation! Add your desired commission
SUMMARY:
– LOCATION: Aurora, ON (Wellington St & Yonge St)
– PURCHASE PRICE: $1,499,900 Or Best Offer
– AFTER REPAIR VALUE: $2,2000,000+ (3 townhouse units each worth $750K+)
– CLOSING: August 27, 2026(This is an assignment sale.)
– TYPE: Row of 3 fully separated townhouse units, currently structured as 1 property
– BEDS/BATHS: 6 beds / 6 baths total (each unit has 2 beds / 2 full baths)
– PARKING: 4 parking spots
– BASEMENT: Finished basements in all units, approx. 8 ft ceilings
– SQFT: 3,050 (slightly over 1,000 sqft / townhouse)
– LOT: Irregular L-shaped lot with 120 ft of frontage
– AGE: 1983
– PROPERTY TAX: $6,637 (2025)
– POSSESSION: Partially occupied
RENOVATIONS NEEDED:
– No major interior or exterior renovations needed.
– Primary job will be severing the properties if desired.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– 3 fully separated freehold townhouse units in one package (2 of them are end units!)
– $7,600/month CURRENT rent, potential for $9K+
– Extra 35’ x 95’ side lot attached, currently used for parking
– Each unit has 2 beds, 2 full baths, 8 ft finished basement, separate entrances, and its own laundry
– Roof updated in 2012, windows updated over the last 10 years and brickwork in great condition
LISTING ID: 0526-AUR-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Josea Dussard, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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