180 Centre Crescent, Aurora, ON L4G 1K3, Aurora, ON
1.89 sqft
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.
Property Highlights
For Sale
MLS NO.
N12528458
Type
Commercial
Sub Type
Land
Square Footage
1.89 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Pending
Contract Status
Available
MLS® Number
N12528458
Lot Width
0.0
Lot Size
1.89
Lot Size Units
Acres
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
180 Centre Crescent, Aurora, ON L4G 1K3
City
Aurora
Neighbourhood
Aurora Village
County / Region
York
Province / State
ON
Postal Code
L4G 1K3
Cross Street
Wellington St E & Industrial Pkwy N
Directions
Just north of Centre Street, North of Wellington Street E & Industrial Parkway N
Country
CA
List Price
$8,955,000
Annual Taxes
$0
Tax Year
2025
Legal Description
PART LOT 105 PLAN 246 AURORA, PART 1 PLAN 65R39267; T/W R218216, IF ANY TOWN OF AURORA
Possession Type
Flexible
Possession Details
TBD
Listing Office
LENNARD COMMERCIAL REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2025-11-10T15:51:33Z
Media Updated
2025-11-10T15:51:34Z
Photos Updated
2025-11-10T15:51:34Z
Last Modified
2026-01-23T19:24:17Z
System Modified
2026-01-23T19:24:17.354676Z
MLS Status
Sold Conditional
Board Property Type
Com
Co List Office Name
LENNARD COMMERCIAL REALTY
Ddfyn
No
Expiration Date
2026-01-31
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
036410843
Public Remarks
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.
