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Part of Lots 15-17 Brock Street North - Part of Lots 15-17 Brock Street, Perth, ON 3 Acres of Residential Land Offered at $850,000 CAD in Perth, ON K7H 1Z1
Investment Highlights
- Fully Entitled & Severed Development Site
- Prime Perth Location with Strong Housing Demand
- 54-Unit Apartment Concept with Studies in Place
Executive Summary
**Primary development lot zoned R4-24-h supporting multi-residential use
**Concept prepared for a 3-storey, 54-unit apartment building
**Extensive studies completed including environmental, engineering, traffic, and technical reports
**Significant planning groundwork already in place, providing a head start in the approvals process
**Site Plan Application pending with full rationale and supporting documentation on file
**Located near the Algonquin College Perth campus lands, established neighbourhoods, parks, and downtown amenities
**Perth recognized for heritage character, walkable core, and strong demand for new housing
**Municipal road access and servicing to be extended as part of future development, allowing purchaser to design infrastructure to suit project
**PINs included in sale: 051800241 (severed PIN TBD), 051800087, 051800131, 051800086, 051800122, 051800085
**Brock & Provost Streets exist but currently terminate prior to the site; access contemplated through Site Plan process
**Comprehensive data room available with studies, surveys, and planning documents
Property Facts
| Price | $850,000 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Property Type | Land | ||
| Zoning | R4-H - Zoned R4-24-h, | ||
| Price | $850,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 3.00 AC |
| Zoning | R4-H - Zoned R4-24-h, |
1 Lot Available
Lot
| Price | $850,000 CAD | Lot Size | 3.00 AC |
| Price Per AC | $283,333.33 CAD |
| Price | $850,000 CAD |
| Price Per AC | $283,333.33 CAD |
| Lot Size | 3.00 AC |
Primary parcel consists of the retained development lands, zoned R4-24-h, with a 3-storey, 54-unit apartment concept prepared. Site Plan Application pending. Holding provision in place; full planning rationale, severance approvals,& technical studies
Description
Outstanding opportunity to acquire a fully severed residential development parcel in the historic Town of Perth. All severances have been completed, creating a well-defined primary development lot along with additional parcels included in the sale. Extensive professional studies have already been undertaken in support of a proposed 3-storey, 54-unit multi-residential building, providing a solid planning foundation for future development. Environmental, engineering, traffic, and technical reports are available, giving prospective purchasers a significant head start in the approvals process.The lands are located in a desirable area of Perth near the Algonquin College campus lands and within close proximity to established neighbourhoods, parks, and downtown amenities. Perth continues to attract new residents drawn to its heritage character, walkable core, and strong quality of life, supporting ongoing demand for new housing. Municipal road access and servicing extensions will form part of the future development process, allowing a purchaser to design infrastructure in alignment with their project vision. Additional parcels forming part of the land assembly are included in the sale. Full data room and studies available upon request. Primary parcel consists of the retained development lands, zoned R4-24-h, with a 3-storey, 54-unit apartment concept prepared. Site Plan Application pending. Holding provision in place; full planning rationale, severance approvals, and technical studies on file. PIN's included in the sale. 051800241 (severed PIN TBD) - 051800087 - 051800131 - 051800086 - 051800122 - 051800085. Brock Street and Provost Street exist but terminate prior to the development area. Road access and municipal servicing extensions are contemplated through the Site Plan process. Full details, studies, surveys, and clarification documents available in the data room.
Presented by
Part of Lots 15-17 Brock Street North - Part of Lots 15-17 Brock Street, Perth, ON
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