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:50964)
| MLS® Number | 40828915 |
| Property Type | Vacant Land |
| Amenities Near By | Public Transit, Schools |
| Community Features | High Traffic Area |
| Features | Corner Site, Visual Exposure |
| Basement Type | None |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | Yes |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| 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
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