A rectangular six acres of land was designated as the Aurora Peace Park in 1992 as part of Canada's 125th anniversary and the Peace Park Across Canada Project. The land was once owned by military leader William Graham, who fought in the American Revolution, and also in the War of 1812.
Originally, 70 trees were planted on the site by the relatives, one for each man who fell in the First World War. These are replaced as necessary.
On January 2, 2008, the Aurora War Memorial and Peace Park were designated to be of cultural heritage value or interest. The Aurora War Memorial, Altar of Sacrifice and LAV III Afghanistan Memorial are located in the park.