$ 8,000,000

305 Wellington Street E, Aurora

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. (id:1945)
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Property details for 305 Wellington Street E, Aurora

Type
Lots and Land
Lot Size
2.2
Basement
None
Ownership
Freehold
Annual Taxes
$37,543

Nearby Listings Stat

Estimated price and comparable properties near 305 Wellington Street E

Active Listings
172
Min Price
$1
Max Price
$12,500,000
Avg Price
$1,506,965
Days on Market
45
days
Sold Listings
57
Min Sold Price
$358,800
Max Sold Price
$8,750,000
Avg Sold Price
$1,279,952
Days until Sold
63
days

Neighbourhood Census Data

Aurora, Ontario

Population
6,163
Median Age
39.4
Median Income
$42,704
Dwelling Value
$599,258

Housing Tenure

Owners 90%
Renters 10%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.7
Pop. Density: 2,120.4/km²
Avg Shelter Cost: $1,784/mo
Owners with Mortgage: 77.9%
Owners Spending 30%+: 23.6%
Tenants Spending 30%+: 58.1%
English only: 88.6%
English and French: 9.6%
Neither: 1.7%
Median Household Income: $97,131
Median Employment Income: $43,918

Price History

Listed
September 1, 2026
by Corcoran Horizon Realty
Current Price
$8,000,000
Type
Lots and Land
For Sale
305 Wellington Street E

Contact Agent Get in touch about 305 Wellington Street E, Aurora

Derek Rose
Corcoran Horizon Realty

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Comparison of 305 Wellington Street E, Aurora, ON with Nearby Vacant Land