PART OF LOTS 15-17 BROCK STREET, Perth

$599,900

For sale: Vacant Land

Vacant Land at PART OF LOTS 15-17 BROCK STREET, Perth
Property type
Land
MLS®
MLS® X13678190
Neighbourhood
907 - Perth

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.

Sold data

Homes in Perth — recent sold market

Homes in Perth took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 72, across 32 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.

The median sale price was $497,000.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$497,000
Sale-to-list ratio
97.8%
Sold above asking
13%

Based on 32 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Perth

Perth has 5 Fraser Institute–rated schools (3 elementary and 2 secondary), averaging 6.2/10.

Rated schools
5
Elementary
3
Secondary
2
Average rating
6.2 / 10

Top-rated schools in Perth

  • The Queen Elizabeth — elementaryFraser rating 8.7/10
  • St. John — secondaryFraser rating 6.9/10
  • The Stewart — elementaryFraser rating 5.6/10
  • St John — elementaryFraser rating 5.2/10
  • Perth and District — secondaryFraser rating 4.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near PART OF LOTS 15-17 BROCK STREET