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Part of Lots 15-17 Brock Street

Part of Lots 15-17 Brock Street

Perth, ON

  • Land
  • 37 days on market
$599,900

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

Walk Score

41

Walk

51

Bike

Scores by Walk Score®

R

Reita | Assistant

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