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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:12481)

Property Details

MLS® Number 40828915
Property Type Vacant Land
AmenitiesNearBy Public Transit, Schools
CommunityFeatures High Traffic Area
Features Corner Site, Visual Exposure

Building

BasementType None
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage Yes
LandAmenities Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 252 Ft
SizeFrontage 288 Ft
SizeTotalText 2 - 4.99 Acres
ZoningDescription C-6

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

Contact Us

Get in touch with us for more information!


Phil Spoelstra
Broker of Record

(519) 870-7325
(519) 667-1958
www.farmontario.com

RE/MAX Centre City Phil Spoelstra Realty, Brokerage
34 Grandview Crescent
London, Ontario N6K 2Y2

(519) 667-1800
(519) 667-1958
www.farmontario.com

Ron Steenbergen
Broker

(226) 234-8239
(519) 667-1958
www.farmontario.com/

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800
(519) 667-1958
www.centrecityrealty.com