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15314 Yonge St 0.98 Acres of Commercial Land in Aurora, ON L4G 1N4
INVESTMENT HIGHLIGHTS
- The Site offers an exceptional opportunity to acquire over 1 acre of prime development land with fully approved site-specific zoning.
- Superior location offers proximity to amenities such as Aurora Community Centre, Aurora Sports Dome, Family Leisure Complex, restaurants, shops, banks
- Located just north of the prominent intersection of Yonge Street and Wellington Street East, providing excellent visibility and accessibility.
EXECUTIVE SUMMARY
CBRE’s Land Specialists are pleased to present 100% freehold interest in the sale of 15306 & 15314 Yonge Street, Aurora (the “Site” and/or “Property”). This Site offers an excellent opportunity to acquire + 1 acre of prime development land, with fully approved site specific zoning, just north of the prominent intersection of Yonge Street and Wellington Street East. The Property has Site Plan Approval for a 6-storey midrise condominium development, consisting of 136 residential units. This development concept was designed by ICON to maximize density, height and unit count permissible within the approved zoning, while minimizing parking. The development features one level of drive-in parking and one level of underground parking with access directly from Yonge Street. The Property is neighbour to a townhouse development by Treasure Hill, which is directly adjacent to the southern Site boundary. It is also across the street from an existing condominium developed by the Kaitlin Corporation.
The Site’s superior location offers excellent access to nearby amenities such as the Aurora Community Centre, the Aurora Sports Dome and Family Leisure Complex, in addition to a multitude of restaurants, shops, banks and schools. Regional connectivity is provided by the Aurora GO Station, which is 850m from the Site. It is currently under-going extensive renovations by Metrolinx to increase its scheduled trips along the Barrie GO Line to all-day two-way service every 15-minutes. Additionally, the Property benefits from the affluent, positive demographic trends of Aurora. This offering provides an excellent residential development opportunity in the heart of Aurora, with permissions and approvals in place.
The Site’s superior location offers excellent access to nearby amenities such as the Aurora Community Centre, the Aurora Sports Dome and Family Leisure Complex, in addition to a multitude of restaurants, shops, banks and schools. Regional connectivity is provided by the Aurora GO Station, which is 850m from the Site. It is currently under-going extensive renovations by Metrolinx to increase its scheduled trips along the Barrie GO Line to all-day two-way service every 15-minutes. Additionally, the Property benefits from the affluent, positive demographic trends of Aurora. This offering provides an excellent residential development opportunity in the heart of Aurora, with permissions and approvals in place.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Apartment Units |
| Property Type | Land | Total Lot Size | 0.98 AC |
| Zoning | PD - Promenade Downtown PD1(542) Exception Zone | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.98 AC |
| Zoning | PD - Promenade Downtown PD1(542) Exception Zone |
1 LOT AVAILABLE
Lot
| Lot Size | 0.98 AC |
| Lot Size | 0.98 AC |
+ 1 ac. Residential Development Land Site Plan and Site Specific Zoning Approved for 6-Storey Condominium with 136-Residential Units
1 1
Walk Score®
Walker's Paradise (92)
CONTACTS
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Jason Child -
Ian Hunt -
Daniel Satoor -
Torey Ferrelli -
Allison Conetta -
CBRE, Limited
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15314 Yonge St
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