Block 25 Plan 44M88

West Perth | 65 - Town of Mitchell | N0K 1N0
  • 6.04 sqft
  • 0 gar

$4,950,000

Est. Mtg $16,784 /mo
  • Days on market

    81

  • Status

    A

Listing Broker AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
Since listed: 1 views

Home details

MLS #:

X11959712

Property type:
Land
Style:
Taxes:
$1,600
Possession:
Immediate
Condo Fee:
Lot Size:
343.91 X 472.18
Zoning:
R3
Use:
Residential
Heat:

Description


Block 25 Plan 44M88, , West Perth, Ontario is a Land property in West Perth and in the 65 - Town of Mitchell community in the N0K 1N0 postal code


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**.

Extras

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Payment calculator

$16917 monthly. In association with: TD Bank
%
  • Principal and Interest
    16784 /mo
  • Property Taxes
    $133 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

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