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Aurora, ON L4G 1K3,180 Centre CRES
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Aurora, ON L4G 1K3,180 Centre CRES
Aurora, ON L4G 1K3,180 Centre CRES
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 8,955,000
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180 Centre CRES Aurora, ON L4G 1K3

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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Aurora Village

MLS Listing ID N12528458

Tax Year 2025

Property Sub-Type Land

Property Description

180 & 182 Centre Crescent represent a rare and strategic opportunity to acquire 1.89 acres of development-ready land in the vibrant and rapidly growing Town of Aurora. Ideally situated just 270 metres from the high-traffic Aurora GO Station, this site boasts outstanding connectivity via regional transit, local bus routes, and Highway 404, making it a commuter's dream. Located steps from Yonge Street and surrounded by an abundance of retail amenities, restaurants, and everyday essentials, this is a location that offers both convenience and lifestyle. The property features approximately 104 metres of frontage on Industrial Parkway North and benefits from recent municipal approvals, including an Official Plan Amendment and Zoning By-law Amendment (approved July 2024), permitting the development of a luxurious 7-storey, boutique-style, mid-rise/purpose built rental residential building. The thoughtfully designed project includes; 1 studio unit, 59 one-bedroom units, 6 one-bedroom + den units, and 127 two-bedroom units totaling 190,284 square feet of Gross Floor Area. The development promises a high-end, community-focused living experience in a transit-oriented urban setting. The site benefits from the Regional Development Charge (DC) program which requires zero payment of DCs if the building is operated as a purpose built rental building. The Municipality of Aurora also has a DC deferral program which amortizes the DCs payable over 20 years interest free, instead of an up front cost. Alternative concepts with surface parking would also conform to the zoning bylaw.

Location

Province ON

County York

Community Aurora Village

Area York

Zoning RA2-Secondary Density Apartment Residential

Interior

Inclusions PIN #s 036410843, 036410842, and 036413196

Exterior

Utilities Available Available

Building

Lot Description Irregular Lot

Others

ParcelsYN No

Listed by LENNARD COMMERCIAL REALTY
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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180 Centre CRES

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