Warehouses for Lease in Aurora, ON
Represented by Michael Law — industrial broker, Lennard Commercial Realty
Region
North GTA
Avg Net Rent
$15.75/SF(Q1 2026)
Availability
5.1%
Clear Heights
24'–40'
Highway Access
Highway 404, Highway 400, Wellington Street
Aurora Warehouse 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.
Sourcing Warehouses for Lease — My Approach
When I source warehouse space for a tenant, the rent number is the last thing I look at — not the first. The questions that actually drive a successful warehouse lease are: what is the building's true power capacity (often the bottleneck for racking, automation, or refrigeration), what is the trailer storage and yard depth (critical for any 3PL or distribution use), what is the clear height under the joists versus the deck (a common 2-3 foot misrepresentation in listing materials), and what does the dock-to-door ratio actually look like at peak operating volume. I walk every short-listed building with the tenant's operations lead, not just the real estate lead, because the person who actually runs the floor catches things the marketing brochure hides — slope of the slab, location of the column grid relative to racking layout, sprinkler density for the proposed commodity classification. A great warehouse lease starts with the operational fit, not the per-square-foot rent. Rent is the negotiation that comes after we've found the right building.
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