1 - 15191 Yonge Street, Aurora, ON L4G 1L8
Aurora Village, Aurora · Near Yonge & Wellington · View map
About this home
Rare 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!
The home
- Type
- Investment
- Square footage
- 4000 sq ft
- Bedrooms
- 1
- Kitchens
- 1
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Gas Forced Air Open
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $10,144/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- TBA
- Cross street
- Yonge & Wellington
- Neighbourhood
- Aurora Village
More
- MLS® number
- N14166166
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
15191 Yonge Street, Aurora, ON L4G 1L8
Aurora Village, Aurora · Near Yonge & Wellington
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Listing history for 15191 Yonge Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1 - 15191 Yonge Street
Answers come straight from this home’s MLS® listing.
How much is 1 - 15191 Yonge Street listed for, and what would it cost each month?
1 - 15191 Yonge Street is listed for $1,599,900. With 20% down ($319,980), the mortgage payment would be roughly $6,454 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,299 a month, all in. That figure is an illustration, not a quote.
Is 1 - 15191 Yonge Street freehold or a condo, and is there a monthly fee?
1 - 15191 Yonge Street is a investment in Aurora Village, Aurora. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 1 - 15191 Yonge Street have?
1 - 15191 Yonge Street has 1 bedroom.
Does 1 - 15191 Yonge Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 1 - 15191 Yonge Street?
1 - 15191 Yonge Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 1 - 15191 Yonge Street heated and cooled?
Heating is gas forced air open (gas). Cooling is partial.
What are the property taxes for 1 - 15191 Yonge Street?
Property taxes are $10,144 a year (2026), or about $845 a month.
Where is 1 - 15191 Yonge Street?
1 - 15191 Yonge Street is in the Aurora Village community of Aurora. The nearest main intersection is Yonge & Wellington. The postal code is L4G 1L8.
Is 1 - 15191 Yonge Street still for sale?
Yes. It is an active listing (MLS® N14166166). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1 - 15191 Yonge Street asking?
Similar properties for sale nearby right now include 15229 Yonge Street at $1,298,000, 16 - 175 Melvin Robson Avenue at $1,698,125 and 14 - 175 Melvin Robson Avenue at $1,698,125. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 15191 Yonge Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1 - 15191 Yonge Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Aurora Village, picked by style, size and price.
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Industrial$1,698,12514 - 175 Melvin Robson Avenue, AuroraRural AuroraCourtesy of: COLLIERSView home →Courtesy of: REMAX YOUR COMMUNITY REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.