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. (39899453)
William St E/W & Napier St N/S
Property Type
Vacant Land
Land Size
349.06 x 769.04 FT
Annual Property Taxes
$2,755 (CAD)
Time on REALTOR.ca
49 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. REALTOR.ca Canada Inc. does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.