305 WELLINGTON Street E
$8,000,000
305 WELLINGTON Street E
Aurora · MLS® 40859579
2 sq ft lot · Land · Vacant Land · 54 days on market
listed by Derek Rose, Corcoran Horizon Realty
realtor's 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 details
- type
- Land, Vacant Land
- lot
- 2 sq ft
- parking
- 0
- property tax
- $37,543 / yr
- days on market
- 54
- MLS®
- 40859579
features
- Corner Site
- Visual exposure
monthly cost
$37,984/mo
Mortgage $34,855 · Tax $3,129
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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