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35 William St 8.5 Acres of Commercial Land Offered at $2,559,172 USD in West Perth, ON N0K 1N0
Investment Highlights
- $200,000 already invested to bring utilities to the Napier Street lot line.
- Sanitary sewers are readily connectable.
- 2nd access to the property has been municipality approved.
- Relatively short term delivery window is possible.
- Close to golfing, walking trails, parks, medical centre, schools and shopping amenities.
Property Facts
| Price | $2,559,172 USD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.50 AC |
| Property Type | Land | ||
| Zoning | FD - Future Development | ||
| Price | $2,559,172 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.50 AC |
| Zoning | FD - Future Development |
1 Lot Available
Lot
| Price | $2,559,172 USD | Lot Size | 8.50 AC |
| Price Per AC | $301,079.02 USD |
| Price | $2,559,172 USD |
| Price Per AC | $301,079.02 USD |
| Lot Size | 8.50 AC |
Centrally located 8.5-acre development parcel in the welcoming West Perth community of Mitchell. At least 4.5 developable acres, subject to an EIS to be completed by Buyer at time of planning applications.
Description
Centrally located 8.5-acre development parcel in the welcoming West Perth community of Mitchell. At least 4.5 developable acres, subject to an EIS to be completed by Buyer at time of planning applications. Potential reduction of manmade pond to be assessed as part of such EIS. 5 concept plans in place by the Sellers' consultant for a mix of 8 single family lots, 28 bungalow townhouse units, 72-80 stacked townhouse units, or a 6-storey, 94-unit apartment building. New concept/site plans could be developed by Buyer at time of planning applications. Relatively short term development window is possible. Roughly $200,000 has already been spent by the Sellers on bringing utilities (except hydro) to the Napier Street lot line. Sanitary sewers are readily connectable. Support from the Municipality of a possible second entrance to this parcel via Henry Street.
Presented by
35 William St
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