REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 8,750,000
Est. payment | /mo
$ 8,750,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40828915
Annual Tax Amount $37,543
Property Sub-Type Residential
Source Cornerstone
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.
Location
Province ON
County York
Area Aurora
Zoning C-6
Direction North East Corner of John West Way and Wellington Street East
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Other
Lot Frontage 288.0
Lot Depth 252.0
Garage No
Building
Lot Description Urban, Corner Lot, High Traffic Area, Highway Access, Public Transit, Schools, Visual Exposure
Faces North East Corner of John West Way and Wellington Street East
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 036410888
Ownership Freehold/None
Listed by Corcoran Horizon Realty
Nearby Locations
GET MORE INFORMATION
