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. Close to golfing, walking trails, parks, medical centre, schools, and shopping. Located 12 miles east and west from hospitals in Seaforth and Stratford. Roughly 20, 40 and 45 minutes to Stratford, London and Kitchener, respectively.
Address
35 William Street
List Price
$3,200,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
Sale
Area
West Perth
Sub-Area
Mitchell
Region
Perth
Lot Depth
769.04
Lot Type
Lot
Lot Size Units
Feet
Lot Width
349.06
Parcel Number
531880658
Total Building Area
370407
Occupant Type
Vacant
Cross Street
400 Metres West of St. George Street (Highway 23) via Nelson Street. 500 Metres North of Huron Road (Highway 8) via Napier Street.
MLS® Number
X13627514
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Postal Code
N0K 1N0
Posession Details
Flexible
Tax Amount
$2,950.27
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Tax Legal Description
PARK LOT 15 PLAN 339 EXCEPT PART 2 ON 44R-4270 AND
Sewer
Sanitary+Storm Available
