Property Details

PT LOT 25 PLAN 363 & PT LOT 7 CONCESSION 3 Concession, Milverton, Ontario, N0K1M0

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For sale, ID#: 40275124
PT LOT 25 PLAN 363 & PT LOT 7 CONCESSION 3 Concession
Milverton Ontario
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0 Beds
0 Bath
$4,499,900

Unique opportunity on the South end of Milverton, this 81-acre property also has potential commercial and residential development use. Adjacent to the Settlement boundary of Milverton, an official plan amendment or the Perth County Official Plan Review underway may provide for residential development opportunities. The Watson and Associates Economists Ltd. report commission in April 2020 by Perth County identified a deficit of 207 units in Milverton?s urban serviced area and will require 32 gross acres of urban residential land to meet the housing requirements of the next 25 years. The current Perth County Official plan designates approximately 12.39 acres along Perth Road 131 as Urban Fringe suitable for Highway Commercial use. Current property zoning designates the property as Agriculture (A) with the forested area zoned Natural Resource/Environment Zone Two (NRE2). (id:2471)

Representative
Rebecca Rawlings
Rebecca RawlingsBroker
CMA Realty Ltd. Brokerage
Property Details
  • Property Address: PT LOT 25 PLAN 363 & PT LOT 7 CONCESSION 3 Concession, Milverton, Ontario, N0K1M0
  • Property Type: Vacant Land
  • Zoning Description: Agriculture & NRE2
  • Title: Freehold
  • Lot Size: 81.6
  • Acreage: 81.6 ac|50 - 100 acres
  • Sewage Type: No sewage system
Amenities / Features
  • Country residential
Neighbourhood Information

Listing Office: BENJAMINS REALTY INC.

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PT LOT 25 PLAN 363 & PT LOT 7 CONCESSION 3 Concession, Milverton, Ontario, N0K1M0

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