ON
Aurora
L4G7M9
305 E WELLINGTON E Street
305 E WELLINGTON E Street, Aurora, ON L4G7M9
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Listing Type
Lots/Land
Listing Status
Active
8
$8,750,000

Home Details for 305 E WELLINGTON E Street

Price
$8,750,000
Type
Land
Listing #
40828915
Property Description

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:31684)

Property Features
    Listing Courtesy: Corcoran Horizon Realty
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    EXIT REALTY LEGACY, BROKERAGE
    1450 Clark Ave W. Unit 25, Thornhill, ON L4J 7R5
    Paul Dion
    License #: 5030680
    Sales Representative
    Office
    289 597 8733
    Agent
    613 293 3337
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