57-59 Wellington St E

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57-59 Wellington St E, Aurora
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4 + 3
BEDROOMS
4
BATHROOMS
2 + 2
KITCHENS
10 + 9
ROOMS
N3534188
MLSID
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Property Description
Very Unique Opportunity To Purchase An Important Corner In The Desirable Aurora Village, Featuring 2 Legal Residential Duplex's. Each Unit Separately Metered For Electricity, Water & Gas, Wth Each Tenant Paying Their Own Utility Costs. Annual Revenue Of $62,000. 57 Wellington Street E Built In 1986. 59 Wellington Is 100+ Yrs Old. Building Has Easy Access To Basement For Landlord Maintenance.
Extras
R5 Zoning. Each Uint Has Their Own Furnace/Boiler & Water Heater. Fridges, 4 Stoves, 4 Washers & Dryers. 4 Water Heaters Are Rentals, Paid For By Tenants. Income/Expense Statement Available To Qualified Buyers.
Property Features
Library, Park, Place Of Worship, Public Transit
Property Details
City
Property Type
Multiplex, 2-Storey
Lot Size
31' x 40'
Acreage
< .49
Lot Irregularities
Per Building Location Survey 1986
Fronting
South
Taxes
$5,780 (2016)
Basement
Full
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
Aurora Market Statistics
Aurora Price Trend
57-59 Wellington St E is a 4-bedroom 4-bathroom home listed for sale at $1,500,000, which is $287,600 (16.1%) lower than the average sold price of $1,787,600 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 4 bedroom home in Aurora declined by $26,882 (1.5%) compared to the previous 30 day period (January 28 - February 26) and up $32,610 (1.9%) from the same time one year ago.
Inventory Change
There were 49 4-bedroom homes listed in Aurora over the last 30 days (February 27 - March 27), which is up 14.0% compared with the previous 30 day period (January 28 - February 26) and up 25.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Aurora typically sold ($32,596) (1.8%) below asking price over the last 30 days (February 27 - March 27), which represents a $28,983 decrease compared to the previous 30 day period (January 28 - February 26) and ($10,741) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Aurora over the last 30 days (February 27 - March 27) stood at 51.0%, down from 67.4% over the previous 30 days (January 28 - February 26) and down from 125.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Aurora stood at 13 days when successfully sold over the last 30 days (February 27 - March 27), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Coldwell Banker The Real Estate Centre, Brokerage
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