
Vacant Land For Sale
$8,750,000
MLS® Number: 40828915
Vacant Land For Sale
$8,750,000
305 E WELLINGTON Street E, Aurora, Ontario
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.
Property Details
Interior Details
Basement
None
Land & Location
Community Features
High Traffic Area
Frontage Length
288.0 feet
Lot Features
Corner Site, Visual exposure
Postal Code
L4G7M9
Subdivision Name
Aurora
Listing & Financials
Listing Office
Corcoran Horizon Realty
Originating System Name
Cornerstone Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Street Dir Prefix
East
Listed By
Corcoran Horizon Realty
Mortgage Calculator
Estimated Monthly Payment
$42,986
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$42,986
Principal and interest only. Actual rates may vary.