
Part of Lots 15-17 Brock Street
Perth, ON
- Land
- 37 days on market
NEW PRICE - $599,900! Outstanding opportunity to acquire a substantial residential development land assembly in the historic Town of Perth. The offering is anchored by an approximately 2.93-acre primary development parcel, together with several additional parcels of land included in the sale. Significant planning, architectural and engineering work has already been undertaken for multi-residential development of the site, including previous concepts accommodating up to 54 residential units. The existing concepts provide a valuable starting point while allowing a future purchaser to explore a unit mix and development plan suited to today's market, subject to municipal approvals. The primary development lands are zoned R4-24-h, with Site Plan approval and satisfaction of the Holding provisions remaining. Extensive environmental, engineering, traffic, geotechnical, noise, air quality, servicing and other technical studies have been completed, providing a significant head start in the development process. All severances have been completed, with additional lands beyond the primary development parcel included in the sale. Located near established residential neighbourhoods, the Tay River, parks and downtown Perth with its shops, restaurants and amenities. Municipal road access and servicing extensions will form part of the future development process. An excellent opportunity for a builder or developer to acquire a well-studied Eastern Ontario development site with substantial supporting documentation already in place. Full data room, surveys, plans and studies available upon request.
Listing Details
- Listed
- August 14, 2026
Price History
Listing history
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Property
- Lot Size
- 489.95 x 267.48 Feet
Utilities
- Sewer
- None
Location & Legal
- Cross Street
- Craig and Provost
- Zoning
- R4
- Parcel Number
- 051800241
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Residential
Community
Postal area K7H
- Population
- 16,175
- Private dwellings
- 8,360
- Median age
- 55.6
- Average household size
- 2.2
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Perth · last 12 months
- Median sold price
- $502,000
- Homes sold
- 96
- Median days on market
- 23
- Sale-to-list price
- 97.0%
Based on 96 recorded sales of commercial properties in Perth over the last 12 months.
Listed by
EXP REALTY
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