15314 Yonge St
Aurora, ON L4G 1N4
Terrain À vendre · 0,4 ha

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.