$995,000
Perth East
PLAN 363 PT LOT 88 Cobalt Street, Perth East (Milverton), Ontario, N0K1M0
This lot in Perth East is for sale offering roughly 8 sq ft of space.
Attention builders and developers! This is a rare opportunity to acquire 8.07 acres of prime land located within the Milverton Boundary, zoned Future Development-making it ideal for long-term investment or planning your next residential or mixed-use project (subject to municipal approvals). This vacant parcel offers a blank canvas in one of Perth County's most desirable and growing full-service communities. Milverton provides all the essentials buyers are looking for-schools, shops, recreation, and that sought-after small-town lifestyle, making it an attractive location for future homeowners. With nearby services and the potential to connect, this property is well positioned for future servicing and expansion. Opportunities like this are limited; secure your stake in Milverton's next phase of growth and bring your development vision to life. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 343 days on market, against an average age of 122 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This vacant land in Perth East (Milverton) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $995,000, about 11.1× the local median household income of $90,000.
Carrying it typically needs a household income of about $194,358 (20% down, 25-yr amortization, stress-tested) — roughly 116% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0K)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.
Check your site with PreBuildIQ →