Flex Industrial in Aurora, ON

Aurora Flex Industrial Unit Market

Aurora is a mid-tier York Region industrial submarket situated between Newmarket to the north and Richmond Hill to the south, with Highway 404 providing the primary north-south artery connecting to the DVP and Toronto. The submarket is known for a mix of established industrial park product and newer mid-bay distribution buildings along the Wellington Street East and Leslie Street corridors. Aurora's industrial market is dominated by light manufacturing, precision trades, automotive parts suppliers, and regional distribution operations serving York Region's affluent residential base. The submarket's proximity to Highway 404 and the 404/400 interchange at Highway 9 gives Aurora-based operators dual access to eastern and western GTA markets. Building stock ranges from 1980s-era multi-tenant industrial product to purpose-built facilities with 28-30 foot clear heights constructed in the 2010s. Net asking rents in Aurora range from $14.50 to $17.50 per square foot net, consistent with the broader York Region North corridor. Aurora competes primarily with Newmarket to the north and Richmond Hill to the south — tenants typically choose Aurora for its mid-point location, established business park environment, and slightly lower rents relative to Richmond Hill. Michael Law advises industrial tenants and investors across York Region including Aurora, Newmarket, Richmond Hill, Markham, and Vaughan.