305 E Wellington Street E Aurora, Ontario L4G 7M9

Acreage

$8,750,000

Rare, fully entitled, 2.2+- acre, shovel-ready development site in the heart of Aurora's urban core. Ontario Land Tribunal (OLT) approval in hand (Oct. 2023) for a 6-storey, 149-unit purpose-built rental apartment building — eliminating years of planning risk and cost for the buyer. Site Plan Agreement executed with the Town of Aurora. All technical studies complete: EIS, geotech, FSR/SWM, noise, traffic, arborist, landscape, and more. Less than 1 km to Aurora GO Station with York Region Transit on both street frontages — a documented rent premium in the Aurora PBR market. Holland River Valley Trail immediately adjacent, providing a permanent natural green space buffer and amenity. 8,908 m² (0.89 ha) at the NE corner of Wellington St E & John West Way. An exceptional opportunity for a dedicated owner-operator or long-term rental investor. (id:49269)

Property Details

MLS® Number 40828915
Property Type Vacant Land
Amenities Near By Public Transit, Schools
Community Features High Traffic Area
Features Corner Site, Visual Exposure

Building

Basement Type None
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage Yes
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 252 Ft
Size Frontage 288 Ft
Size Total Text 2 - 4.99 Acres
Zoning Description C-6

https://www.realtor.ca/real-estate/29731315/305-e-wellington-street-e-aurora

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