For Sale Vacant Land

Part Of Lots 15-17 Brock Street

$599,900 Est. $2,656/mo ↓

Perth, Ontario K7H 1Z1

489.95 X 267.48 Ft Lot size
1 day ago Listed

About this home

NEW PRICE - $599,900! Outstanding opportunity to acquire a substantial residential development land assembly in the historic Town of Perth. The offering is anchored by an approximately 2.93-acre primary development parcel, together with several additional parcels of land included in the sale. Significant planning, architectural and engineering work has already been undertaken for multi-residential development of the site, including previous concepts accommodating up to 54 residential units. The existing concepts provide a valuable starting point while allowing a future purchaser to explore a unit mix and development plan suited to today's market, subject to municipal approvals. The primary development lands are zoned R4-24-h, with Site Plan approval and satisfaction of the Holding provisions remaining. Extensive environmental, engineering, traffic, geotechnical, noise, air quality, servicing and other technical studies have been completed, providing a significant head start in the development process. All severances have been completed, with additional lands beyond the primary development parcel included in the sale. Located near established residential neighbourhoods, the Tay River, parks and downtown Perth with its shops, restaurants and amenities. Municipal road access and servicing extensions will form part of the future development process. An excellent opportunity for a builder or developer to acquire a well-studied Eastern Ontario development site with substantial supporting documentation already in place. Full data room, surveys, plans and studies available upon request. (id:28469)

Business

Business Type Residential
Business Sub Type Residential

Facts & features

Property

MLS® Number
X13678190
Property Type
Vacant Land
Community Name
907 - Perth

Land

Acreage
No
Size Depth
267 Ft ,5 In
Size Frontage
489 Ft ,11 In
Size Irregular
489.95 X 267.48 Ft
Size Total Text
489.95 X 267.48 Ft
Zoning Description
R4

The Perth market

60 Active listings
$543,500 Median asking price
10% above median This home
30 days Avg. time on market
Browse all Perth listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$2,656/mo
Ontario land transfer tax
$8,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

Part Of Lots 15-17 Brock Street, Perth, Ontario K7H 1Z1  ·  Get directions

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