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Last Updated : 371 Days ago
Block 25 Plan 44M88, West Perth, Ontario, 65 - Town of Mitchell

Block 25 Plan 44M88, West Perth MLS Number: X11959712

65 - Town of Mitchell, West Perth, Perth, ON, N0K 1N0

$4,950,000

Status: OFF MARKET

  • Property Type: Commercial (Land)
  • Property Taxes : $1600.00 (Tax Year:2024)
  • Listing Courtesy : Avison Young Commercial Real Estate Services

Block 25 Plan 44M88 Property Description

Located in the heart of Mitchell, Ontario, this exceptional 6.04-acre parcel of vacant residential land presents a prime development opportunity. Currently zoned R3, the property allows for single-detached and semi-detached homes. However, the Sellers are actively pursuing R4 zoning approval, anticipated for Q2Q3 of 2025, which would enable mid-density development. Preliminary conceptual plans, reviewed by the municipality, propose up to 216 stacked townhome units on the site. The prospective R4 zoning will further expand development possibilities to include apartment and condominium buildings (up to four stories), townhomes, stacked townhomes, nursing homes, and retirement residences, among other permitted uses. **INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION**

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Block 25 Plan 44M88 Property Facts

Property Type :Commercial
MLS Number :X11959712
Listing Type :Sale
Possession Date :
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Last Updated :06 Feb, 2025 (371 Days ago)
Source :TRREB
Area :Perth
Postal Code : N0K 1N0
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Block 25 Plan 44M88 Property Price & Tax Insights

Price : $4,950,000
Property Taxes :$1600.00
Tax Year :2024

Block 25 Plan 44M88, West Perth Property Details

Cross Street :Clayton Street & Virginia Lane

Block 25 Plan 44M88, West Perth - Price History

2025-02

06 Feb, 2025

TREB #X11959712

Available

$4950000.0

Block 25 Plan 44M88 - Location Map and Landmarks

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