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:56248)
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 |
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Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
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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