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Mitchell,ON N0K 1N0
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40699853
Originating Board Hamilton - Burlington
Annual Tax Amount $2,755
Lot Size 8.500 Acres
Acres 8.5
Property Sub-Type Commercial
Property Description
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. 3 concept plans in place by the Sellers' consultant for a mix of 8 single family lots, 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. Roughly 20, 40 and 45 minutes to Stratford, London and Kitchener, respectively.
Location
Province ON
County Perth
Area West Perth
Zoning FD
Direction From Stratford, take HWY 8 west to Napier Street in Mitchell. Head north on Napier Street to William and Henry Streets
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Other
Waterfront Description Lake/Pond
Lot Frontage 349.06
Lot Depth 769.04
Garage No
Building
Lot Description Urban,Corner Lot,City Lot,Schools
Faces From Stratford, take HWY 8 west to Napier Street in Mitchell. Head north on Napier Street to William and Henry Streets
Sewer Sewer (Municipal),Storm
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 531880658
Ownership Freehold/None