1 / 8305 E WELLINGTON Street E
Aurora, Ontario, L4G7M9
$8,750,000
About this property
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:66779)
Details
- Sewer
- Municipal sewage system
- List aor
- Cornerstone
- Basement
- None
- Directions
- North East Corner of John West Way and Wellington Street East
- Fireplace
- No
- Lot features
- Corner Site, Visual exposure
- Water source
- Municipal water
- Tax annual amount
- 37,543
- Community features
- High Traffic Area
- Zoning description
- C-6
More in Aurora
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