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Renanza Realty
For sale

305 WELLINGTON Street E

Aurora, Ontario

MLS® 40859579

$8,000,000

Status
Active
Property type
Vacant land
MLS® number
40859579
Bedrooms
Bathrooms
Year built

Listing description

Rare, fully entitled multi-residential development opportunity in the heart of Aurora. Approved for a 6-storey, 149-unit purpose-built rental building, with OLT approval in place and Site Plan Agreement executed with the Town of Aurora. The site is substantially de-risked from a planning perspective, with an extensive suite of technical, engineering and environmental studies completed.

Prominent location at Wellington Street East and John West Way, less than 1 km from Aurora GO Station, with York Region Transit at the site and immediate access to the Holland River Valley Trail system. An exceptional opportunity to acquire a large-scale, shovel-ready rental development site in one of York Region's most established and desirable communities.

Property summary

MLS® number
40859579
Property type
Vacant Land
Title
Freehold
Land size
2.2 acres
Annual property taxes
$37,543.00
Days on market
10 days

Features & details

Basement
None
Lot features
Corner Site, Visual exposure

What would this home cost you?

Based on the $8,000,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$37,223 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Corcoran Horizon Realty, Kitchener.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.