305 E Wellington Street E, Aurora, Ontario L4G 7M9

Listed for:
$8,750,000
0 beds
0 baths
Listed 5 days ago
305 E Wellington Street E, Aurora, Ontario L4G 7M9

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About

North East Corner of John West Way and Wellington Street East 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:27476)

Property Highlights

MLS® Number
40828915
Type
Vacant Land
Ownership Type
Freehold
Land Size
2 - 4.99 acres

Building

Amenities
Public Transit, Schools
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Corcoran Horizon Realty
MLS® number:
40828915
Agent:
Derek Rose
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